Demant raises 2026 outlook after strong third quarter – resumes share buybacks (update)
(update with consensus) Danish hearing aid manufacturer Demant raises its 2026 outlook after a strong third quarter, in which organic growth amounted to 11 percent. Revenue increased by 21 percent to 6,624 million Danish kroner. FactSet consensus expects revenue of 6,396 million Danish kroner for the quarter. Organic growth in Hearing Aids amounted to 17 […]
0.7 percent stake in ABG Sundal Collier brokered
A block of 3.5 million shares in ABG Sundal Collier was brokered at 12:57 at a price of 7.26 Norwegian kronor. The block corresponds to approximately 0.7 percent of the number of shares in the company. The value of the transaction amounts to approximately 25 million Norwegian kronor. The last price paid for the share […]
Sources: Netflix plans to cut workforce by 5 percent – Puck News
Streaming giant Netflix plans to reduce its workforce by around 5 percent. The announcement could come as early as next week, Reuters reports, citing Puck News, which in turn cites sources familiar with the matter. Netflix had around 16,000 full-time employees at the end of last year, meaning that approximately 800 positions could be affected. […]
Truist initiates coverage of IBM with a Hold rating
Truist Securities initiates coverage of the US technology company IBM with a Hold rating and a price target of 240 dollars, according to Seeking Alpha. The research firm is positive on IBM’s position in enterprise IT, particularly in AI, hybrid cloud and consulting services, but is cautious about the short-term outlook. Following a weak second-quarter […]
Bank of America upgrades French stocks – downgrades software sector
Bank of America upgrades its recommendation for French stocks to overweight from neutral following their weak performance in recent times. The bank also upgrades European stocks relative to global stocks to neutral from underweight. The bank remains negative on European stocks as a whole and expects the Stoxx 600 to fall another 7 percent to […]
New York Stock Exchange expected to open higher, S&P 500 futures up 0.4 percent
US stock markets are expected to open higher on Friday. European stock markets are broadly higher. The leading S&P 500 and Nasdaq Composite indexes have declined for two consecutive days. S&P 500 futures are up 0.37 percent, while Nasdaq 100 futures are rising 0.77 percent. US President Donald Trump announced that no new attacks on […]
Morgan Stanley cuts target price for Nibe to SEK 45 (47), reiterates Equal-weight – BN
Morgan Stanley cuts target price for Nibe to SEK 45 (47), reiterates Equal-weight – BN
Pepsico raises EUR 1 billion after lowering earnings forecast
Beverage and snacks giant Pepsico is issuing EUR 1 billion in bonds on the European market, a day after the company lowered its forecast for earnings growth. Bloomberg reports this. The issue is divided into two tranches of EUR 500 million each, with maturities of three and nine years, respectively. The indicative yield spread is […]
Sanna Hovila joins Honkarakenne’s management team
Housebuilder Honkarakenne has appointed Sanna Hovila deputy CEO for human resources and communications and a member of the group executive management team effective 9 October. Hovila has been the company’s HR director since 2021 and has more than 20 years of experience in human resources.
Unemployment in Canada came to 6.5 percent in September – expected 6.5
Unemployment in Canada came to 6.5 percent in September. The month before, unemployment stood at 6.4 percent. Analyst consensus was at 6.5 percent, according to Bloomberg. Canada, %September, 2026ConsensusAugust, 2026Unemployment6.56.56.4Consensus data from Bloomberg
