Tesla wins major order for electric trucks, Volvo only a secondary supplier
Tesla has been appointed the primary supplier in a US procurement of 2,500 heavy-duty electric trucks, the largest order of its kind to date in the US. This is stated in a press release. Volvo participated with the VNR Electric model but was instead appointed, together with Kenworth and Ride, as a secondary supplier. Their […]
US crude oil inventories down 0.6 million barrels in the latest reporting week, expected up 3.0
US crude oil inventories down 0.6 million barrels in the latest reporting week, expected up 3.0
US propane inventories fell to 107.9 million barrels last week
US propane inventories fell to 107.9 million barrels last week, from 109.1 million barrels the previous week. This is according to the energy agency EIA’s latest weekly statistics. USAW38W37Propane inventories, million barrels107.9109.1
Endúr completes acquisition of marine contractor Boston
Industrial group Endúr has completed the acquisition of 100 percent of the shares in marine contractor Boston. The agreement on the transaction was announced on 15 June.
Cineplex appoints Bill Walker as CEO and considers sale
Canadian cinema chain Cineplex appoints Bill Walker as CEO with immediate effect after Ellis Jacob previously announced his retirement. At the same time, the board is launching a strategic review that may include a sale of the company, among other options, according to a press release. Goldman Sachs and TD Securities have been appointed as […]
Chinese wind turbine manufacturers consider partnerships in Europe – BN
China’s Ming Yang Smart Energy and Envision are considering partnerships with European companies to establish local manufacturing and enter the European wind turbine market. Bloomberg News reports this following interviews with company executives. Envision says that joint ventures are an option and suggests that talks may have begun, while Ming Yang is actively considering the […]
Calendar Thursday 24 September
STOCK MARKET Foreign earnings reports Unspecified time: Blackberry, Verbio Ver.Bioenergie 22:15 Costco Wholesale Investor meeting 08:30 YIT Capital Markets Day Trading ex-dividend United Bankers (div 0.58 EUR) Foreign stocks trading ex-dividend Stora Enso (div 0.12 EUR) Other events Global crude steel production MACRO Egypt interest rate decision USA/China – meeting between Trump and Xi 02:30 […]
Calendar Thursday 24 September
STOCK MARKET Reports Foreign reports Unspecified time: Blackberry, Verbio Ver.Bioenergie 22:15 Costco Wholesale Annual general meetings 10:00 Solstad Offshore (extraordinary) Investor meeting 09:00 Wallenius Wilhelmsen investor meeting Other events Global crude steel production MACRO Egypt interest rate decision USA/China – meeting between Trump and Xi 02:30 Japan preliminary manufacturing PMI 02:30 Japan preliminary services PMI […]
Calendar Thursday 24 September
STOCK MARKET Reports Foreign reports Time unspecified: Blackberry, Verbio Ver.Bioenergie 08:00 H&M, 22:15 Costco Wholesale Investor meeting 09:00 H&M conference call Other events Global crude steel production MACRO Egypt interest rate decision USA/China – meeting between Trump and Xi 02:30 Japan manufacturing PMI preliminary 02:30 Japan services PMI preliminary 03:30 Australia unemployment 06:00 Europe car […]
Di sees potential turnaround in Electrolux and Nobia
Dagens industri sees potential buying opportunities following the major share-price movements on the Stockholm Stock Exchange this autumn. The newspaper particularly highlights Electrolux and Nobia, which rose 22% and 15%, respectively, on their half-year reports but subsequently lost virtually all of the gains. The financial newspaper notes that the companies have not provided any new […]
