Stockholm Stock Exchange ended Tuesday with a slight gain
The Stockholm Stock Exchange lost momentum during the afternoon but managed to close with a modest gain. The afternoon reports from major US banks were in focus. The government issue continued on Tuesday. The Social Democrats’ Magdalena Andersson announced after meetings with potential coalition partners and the speaker of the Riksdag that the conditions for […]
UBS raises price target for Rockwool to DKK 265 (260), reiterates Buy
UBS raises price target for Rockwool to DKK 265 (260), reiterates Buy
Breakit: Founders leave luxury clinic Sand Clinic
The two Spotify billionaires Daniel Ek and Martin Lortentzon have together poured money into the exclusive healthcare facility Sand Clinic, which has so far lost more than SEK 100 million. Breakit now reports that the two founders, Anna Levander and Jennie Sandqvist, have left the business and sold all their shares. Levander and Sandqvist confirm […]
Boeing delivered 57 aircraft in September – highest level this year
Aircraft manufacturer Boeing delivered 57 commercial aircraft in September, up from 51 in August and 55 in the same month last year. It was the company’s highest monthly level so far this year. The deliveries comprised 43 737 MAX aircraft, eight 787s, two 777 freighters and four 767s. Rival Airbus delivered 72 aircraft during the […]
Norway cuts Northeast Arctic saithe quota by 22 percent
Norway’s Ministry of Trade, Industry and Fisheries has set the fishing quota for Northeast Arctic saithe at 127,807 tonnes for 2027, a decrease of 22 percent compared with 2026. The decision follows the recommendation of the International Council for the Exploration of the Sea and aims to strengthen the spawning stock. As previous quotas have […]
Bernstein cuts AT&T – sees increased competition from SpaceX
Bernstein cuts its rating on telecom operator AT&T to market perform from outperform and adjusts the price target to 24 dollars from 25 dollars. The reason is increased competition from Spacex and its satellite-based broadband service Starlink, Investing.com reports. The research firm expects prolonged uncertainty surrounding Starlink’s impact on the telecom sector as capacity is […]
PST closes investigation into Kongsberg Automotive over violations of sanctions regulations
Norway’s PST, the Norwegian Police Security Service, closed its investigation into Kongsberg Automotive on 12 October concerning suspicions that the company’s products may have been resold to Russia through several distribution and sales channels. This is stated in a press release. “The case has been closed because no offense is considered to have been substantiated. […]
Meta challenges UK regulator over fines and fees
Facebook owner Meta has turned to a UK court to challenge regulator Ofcom’s methods for calculating fees and fines under the country’s Online Safety Act. Reuters reports this. Meta believes the calculations should be based on UK revenue rather than global revenue. The law gives Ofcom the right to issue fines of up to 10 […]
Busch: Talks under way on possible centrist-right government
Talks are under way on the possibility of forming a centrist-right government, Christian Democratic Party leader Ebba Busch tells Sveriges Radio Ekot in an interview. “I believe there is a way forward, but I am working on that directly with the parties involved,” says Ebba Busch. The other day, Ebba Busch and Centre Party leader […]
Oncopeptides intends to carry out a directed share issue of SEK 100 million
Research company Oncopeptides intends to carry out a directed share issue of SEK 100 million, according to a press release. The company has retained ABG Sundal Collier to investigate the conditions for carrying out the directed share issue. Oncopeptides’ largest shareholder, Healthcap VIII, has indicated its intention to subscribe for shares in the directed share […]
