Sources: Ternus wants to speed up Apple’s product development – BN
Newly appointed Apple CEO John Ternus is planning changes to increase the pace of product development, broaden the product range and create a more engineering-driven organisation. Bloomberg News reports, citing sources. The plans include more product launches spread throughout the year, fewer middle managers and a greater appetite for experimentation to strengthen competitiveness in artificial […]
Kona BidCo increases its holding in Zalaris
Kona BidCo bought 177 shares in Zalaris on September 29 for NOK 100 per share. Following the purchase, Kona BidCo owns 19,413,884 shares, corresponding to approximately 87.71 percent of the capital and votes, or 88.94 percent adjusted for Zalaris’s treasury shares. Kona BidCo is a related party of board chairman Fredrik Gyllenhammar Raaum.
L3Harris wins THAAD contract worth more than 6 billion dollars
Defense technology company L3Harris has secured a seven-year contract from Lockheed Martin worth more than 6 billion dollars, excluding price adjustments, to significantly increase production of propulsion systems for the THAAD air defense system. The company will build a new rocket motor plant and expand other THAAD capacity. The agreement follows earlier plans to quadruple […]
Aira launches Fortnox service
Aira, AI Revenue Assistant Software Stockholm, is launching Aira for Fortnox in November following ongoing tests at selected companies. The service, which costs SEK 699 per license per month, provides, among other things, automated lead generation, news monitoring and updated customer registers. It will be available to Fortnox’s more than 600,000 customer companies. Aira estimates […]
BofA repeats Buy rating on Apple, sees company as long-term AI winner
Bank of America repeats its Buy rating on Apple and sees the company as a long-term winner as more AI moves directly into users’ devices, according to an analysis. However, the bank points to a growing risk from more autonomous AI platforms such as Meta Muse, which could take over parts of the search, referral […]
Related party buys shares in Lemonsoft for 2.6 million euros
Rite LS SPV, related to board members Christoffer Häggblom and Michael Richter, purchased 563,578 shares in the Finnish business software company Lemonsoft on 25 September. The price was 4.53 euros per share, corresponding to a total value of approximately 2.6 million euros. The transaction was carried out on First North Growth Market Finland.
DNB Carnegie raises the price target for Magnora Data Center to NOK 20 (17), reiterates Buy
DNB Carnegie raises the price target for Magnora Data Center to NOK 20 (17), reiterates Buy
Airbus confident of meeting delivery target despite quality problems
Airbus remains highly confident in its target of around 870 commercial aircraft deliveries this year, despite a quality issue that has affected the A321neo. Lars Wagner, head of the company’s aircraft manufacturing division, told Reuters. The problem with fuselage sections has, according to industry sources, contributed to slower-than-expected deliveries in September. Wagner is also optimistic […]
Carnival beat expectations in third quarter – stock rises
Cruise specialist Carnival reported adjusted earnings per share of $1.43 in the third quarter, above FactSet consensus of $1.35. Revenue increased 3.5 percent to a record $8.44 billion, versus the expected $8.39 billion. Net profit rose to a record $1.92 billion from $1.85 billion a year earlier. At the same time, bookings for 2027 are […]
US key companies at 16.18 – Boeing rises 3.3 percent
Sector/companyPriceChange todayChange this yearTimeAluminiumAlcoa42,13-0,3%-20,7%16:18:02Bank & FinanceAmerican Express306,290,0%-17,2%16:18:05Bank of America55,41-0,1%0,7%16:18:41Citigroup131,320,0%12,5%16:18:41Goldman Sachs913,83-0,3%4,0%16:18:41JP Morgan Chase335,93-0,2%4,3%16:18:41Morgan Stanley193,04-0,3%8,7%16:18:23Wells Fargo81,050,3%-13,0%16:18:39ApparelAbercrombie133,29-0,7%5,9%16:18:27Bath & Body Works16,14-0,3%-19,6%16:18:29Gap22,980,1%-10,3%16:18:36TJX131,460,9%-14,4%16:18:40BiotechAmgen418,380,1%27,8%16:18:32RetaileBay107,550,2%23,5%16:18:15Home Depot291,370,5%-15,3%16:18:43Walmart106,22-2,3%-4,7%16:18:39EnergyChevron204,60-0,9%34,2%16:18:33Conoco Phillips125,56-0,4%34,1%16:18:36Exxon Mobil160,77-1,1%33,6%16:18:40Halliburton32,07-1,1%13,5%16:18:41SLB50,24-2,4%30,9%16:18:41AutomotiveFord Motor12,37-0,1%-5,8%16:18:43General Motors80,53-0,1%-1,0%16:18:32Paccar111,58-0,1%1,9%16:18:28Tesla354,46-0,8%-21,2%16:18:40DefenseLockheed Martin517,27-0,2%6,9%16:18:33MiningFreeport McMoRan71,10-1,2%40,0%16:18:43SemiconductorsAMD615,701,3%187,5%16:18:41Intel116,930,8%216,9%16:18:39Nvidia230,000,5%23,3%16:18:39Qualcomm188,500,5%10,2%16:18:39STMicro53,701,8%107,0%16:18:43Texas Instruments282,761,6%63,0%16:18:43InvestmentBerkshire Hathawy502,60-0,1%0,0%16:18:17Consumer goodsKimberly-Clark98,69-0,1%-2,2%16:18:42Procter&Gamble148,04-0,7%3,3%16:18:38Thor Industries71,23-0,2%-30,6%16:17:54Whirlpool31,33-0,2%-56,6%16:18:26FoodCoca-Cola87,10-0,1%24,6%16:18:35McDonald’s235,580,8%-22,9%16:18:39PharmaceuticalsAbbott Laboratories99,76-1,2%-20,4%16:18:41Bristol Myers Squibb63,39-0,8%17,5%16:18:33Eli Lilly1180,81-0,3%9,9%16:18:11Gilead Sciences151,04-0,8%23,1%16:18:36Johnson & Johnson267,42-1,7%29,2%16:18:31Merck147,85-0,6%40,5%16:18:32Pfizer28,50-0,8%14,4%16:18:36MedtechBoston Scientific43,52-1,3%-54,4%16:18:34Medtronic87,84-1,9%-8,6%16:18:37Steris209,64-0,6%-17,3%16:16:08Stryker277,120,7%-21,2%16:18:38MediaFox Corporation62,75-0,5%-14,1%16:18:38Netflix71,032,6%-24,2%16:18:43Spotify495,90-0,3%-14,6%16:18:32Networking equipmentCisco Systems106,59-0,1%38,4%16:18:39ShippingDiana Shipping2,820,5%69,6%16:15:22Star Bulk29,360,2%52,8%16:18:37Zim Integrated Shipping28,500,4%34,2%16:18:05SteelNucor237,95-2,7%45,9%16:18:25TechAlibaba108,19-0,5%-26,2%16:18:40Alphabet336,08-0,9%7,1%16:18:41Amazon245,93-0,1%6,5%16:18:40Apple332,89-1,6%22,4%16:18:41IBM222,690,9%-24,8%16:18:39Meta Platforms722,060,9%9,4%16:18:41Microsoft505,38-0,8%4,5%16:18:42Trimble57,19-0,6%-27,0%16:18:40TelecomAT&T24,970,3%0,5%16:18:33T Mobile164,94-0,9%-18,8%16:18:20Verizon46,780,2%14,8%16:18:39TobaccoAltria68,80-0,5%19,3%16:18:30Philip Morris192,28-0,8%19,9%16:18:35TransportFedex287,36-0,8%23,5%16:18:32EngineeringBoeing190,503,3%-12,3%16:18:41Caterpillar824,800,6%44,0%16:18:33Cummins520,790,6%2,0%16:18:26Deere681,14-1,2%46,3%16:18:23Eaton434,230,7%36,3%16:18:15Emerson Electric157,44-1,2%18,6%16:18:24GE Aerospace319,470,4%3,7%16:18:23Honeywell211,35-0,1%3,3%16:18:21Ingersoll-Rand75,86-0,7%-4,2%16:18:32Kennametal31,63-0,6%11,3%16:18:27Parker-Hannifin968,07-0,2%10,1%16:17:06Rockwell Automation429,49-0,4%10,4%16:17:49RTX Corp187,38-0,1%2,2%16:18:28Stanley Black&Decker90,241,7%21,5%16:18:34Timken116,980,2%39,0%16:18:30Toro97,300,2%23,6%16:17:53Source: Factset
