Harboes Bryggeri wants to reduce share capital
Harboes Bryggeri is initiating a process to reduce its share capital by a nominal DKK 6 million, from DKK 60 million to DKK 54 million, through the cancellation of treasury shares. The measure requires approval at an extraordinary general meeting. The company currently holds around 1.8 million treasury shares, corresponding to a nominal value of […]
Barclays raises its price target for Carlsberg to DKK 792 (775), reiterates Underweight (R)
Barclays raises its price target for Carlsberg to DKK 792 (775), reiterates Underweight (R)
Canada’s GDP unchanged month-on-month in July, expected unchanged
Canada’s GDP unchanged month-on-month in July, expected unchanged
Putin envoy in talks with US on Ukraine and energy
Russian President Vladimir Putin’s envoy Kirill Dmitriev has held “constructive” talks with US officials about ending the war in Ukraine and possible US-Russian energy cooperation after the war. Reuters reports this, citing a US official. Dmitriev visited Washington on Monday. The visit follows last week’s meeting between US President Donald Trump and Ukrainian President Volodymyr […]
Argentina threatens the United Kingdom with legal action over oil project off the Falkland Islands
Argentine President Javier Milei is giving the companies behind the Sea Lion oil project off the Falkland Islands two weeks to halt drilling. Otherwise, Argentina will turn to the International Tribunal for the Law of the Sea and request a temporary halt, Sky News reports. Milei claims that the project is illegally exploiting Argentine resources […]
Baltic Dry Index fell by 2.75 percent on Tuesday
The dry bulk freight index Baltic Dry Index fell 2.75 percent to 3 178 on Tuesday. The index is considered by many to be a good economic indicator as it measures the cost of shipping raw materials. The index’s record of 11 793 points was set in May 2008. The lowest level was recorded in […]
Deutsche Bank upgrades Netflix to Buy – lowers price target to USD 95
Deutsche Bank upgrades Netflix to Buy from Hold but lowers the price target to USD 95 from USD 100 following lower estimates for operating profit and free cash flow. The bank believes that the valuation of approximately 18 times projected 2027 earnings underestimates the growth prospects. Analyst Bryan Kraft also highlights Netflix’s international expansion, with […]
NRGi invests in new wind power project on Funen
NRGi Renewables is investing in a new wind power project near Svendborg on Funen with three Vestas turbines that are expected to become operational in 2028. The wind turbines will have a combined capacity of 13.5 megawatts and are estimated to produce around 39 gigawatt-hours of electricity per year, corresponding to the annual consumption of […]
JP Morgan downgrades Pepsico – second downgrade this week
JP Morgan downgrades the snacks and beverages giant Pepsico to Neutral from Overweight and cuts the price target to USD 138 from USD 170. The bank believes that the recovery in North America has stalled while costs are increasing. Earnings per share forecasts are cut to USD 8.86 for 2027 and USD 9.33 for 2028. […]
Melius Research upgrades Kroger to Buy from Hold, price target $80 from $75 – BN
Melius Research upgrades Kroger to Buy from Hold, price target $80 from $75 – BN
