AHL Partners no longer a public short seller in Nordic Semiconductor
AHL Partners has reduced its short position in Norwegian semiconductor company Nordic Semiconductor to below 0.5 percent of the capital and is therefore no longer a public short seller in the company. There are two public short sellers in the company. In total, 2.60 percent of the capital is shorted in the company. Norway’s Financial […]
DNB expected to report NOK 11,647 million in profit before tax – consensus
Norwegian bank DNB will release its third-quarter report on Wednesday. Expected profit before tax according to the company’s compiled consensus based on estimates from 17 analysts is NOK 11,647 million. In the corresponding period last year, the result was NOK 13,347 million. The company will release the report at 07.30 and hold a conference call […]
Ranlos has commissioned new production facility – capacity for at least ten systems per year
Technology company Ranlos has commissioned its new production facility of approximately 130 square meters in Mölndal. The facility is located next to the company’s existing offices and development environment and is estimated to enable production of at least ten systems per year, with the possibility of further capacity increases. Production is underway ahead of planned […]
Citi expects the Federal Reserve to raise rates in December
Citi expects the US central bank Federal Reserve to raise its policy rate by 25 basis points in December after US inflation surprised to the upside in September. Core inflation as measured by the CPI rose 0.335 percent month-on-month, with broad-based price increases across both goods and services. The bank estimates that the figure corresponds […]
Wall Street opens lower on Thursday after hotter-than-expected CPI data
US stock markets opened lower on Thursday after September inflation came in higher than expected. The data has increased concerns about another interest-rate hike from the Federal Reserve in October. The broad S&P 500 index was down 0.6 percent at 7,762.25 at 15.48. Technology-heavy Nasdaq Composite fell 0.8 percent to 26,998.00. By sector, health care […]
Kraken’s parent company buys bank in Europe
Payward, the parent company of crypto exchange Kraken, is buying Lithuanian bank Saldo Bank as part of its drive to offer broader financial services. This is stated in a press release. Saldo Bank has held an EU banking licence since 2021 and offers, among other things, loans to individuals and companies as well as deposits. […]
Opsy signs agreement with Sensor Försäkring worth SEK 0.5 million annually
The technology company Opsy has signed an agreement with Sensor Försäkring Norden to provide the OpsyOne platform for insurance medical advisory services. The agreement has an estimated annual value of approximately SEK 0.5 million. The platform will simplify and streamline medical assessments in claims handling.
US key companies at 15:54 – Bank of America down 8 percent
Sector/companyPriceChange todayChange this yearTimeAluminumAlcoa40,85-1,5%-23,1%15:53:36Banking & FinanceAmerican Express307,87-0,6%-16,8%15:53:56Bank of America49,65-8,0%-9,9%15:53:55Citigroup121,43-2,5%4,1%15:53:58Goldman Sachs886,46-0,6%0,8%15:53:58JP Morgan Chase330,57-0,3%2,6%15:53:56Morgan Stanley180,48-3,3%1,7%15:53:55Wells Fargo78,41-2,9%-15,9%15:53:57ApparelAbercrombie149,37-1,0%18,7%15:53:47Bath & Body Works18,502,8%-7,9%15:53:44Gap22,65-0,8%-11,5%15:53:53TJX141,460,0%-7,9%15:53:57BiotechAmgen422,492,3%29,1%15:53:55RetaileBay118,031,4%35,5%15:53:52Home Depot291,52-0,8%-15,3%15:53:59Walmart114,291,8%2,6%15:53:56EnergyChevron220,011,0%44,4%15:53:55Conoco Phillips141,470,4%51,1%15:53:54Exxon Mobil175,180,6%45,6%15:53:56Halliburton32,980,6%16,7%15:53:57SLB48,780,0%27,1%15:53:57AutomotiveFord Motor11,99-0,9%-8,6%15:53:55General Motors82,78-1,5%1,8%15:53:57Paccar107,87-0,1%-1,5%15:53:48Tesla366,05-2,4%-18,6%15:53:57DefenseLockheed Martin514,402,2%6,5%15:53:47MiningFreeport McMoRan70,33-2,9%38,5%15:53:54SemiconductorsAMD588,69-2,8%174,9%15:53:59Intel100,99-1,8%173,5%15:53:58Nvidia225,20-1,5%20,8%15:53:56Qualcomm174,26-1,5%1,9%15:53:55STMicro48,28-2,6%86,1%15:53:52Texas Instruments281,19-2,3%62,1%15:53:55InvestmentBerkshire Hathawy519,03-0,3%3,3%15:53:57Consumer goodsKimberly-Clark98,450,2%-2,4%15:53:58Procter&Gamble154,771,1%8,0%15:53:45Thor Industries65,300,1%-36,4%15:53:26Whirlpool28,15-3,8%-61,0%15:53:59FoodCoca-Cola90,650,6%29,7%15:53:58McDonald’s235,28-0,2%-23,0%15:53:57PharmaceuticalsAbbott Laboratories102,650,0%-18,1%15:53:57Bristol Myers Squibb57,541,5%6,7%15:53:55Eli Lilly1209,013,6%12,5%15:53:56Gilead Sciences150,561,8%22,7%15:53:46Johnson & Johnson250,610,8%21,1%15:53:56Merck145,132,2%37,9%15:53:55Pfizer29,052,4%16,7%15:53:59MedtechBoston Scientific43,05-0,6%-54,9%15:53:53Medtronic92,45-0,6%-3,8%15:53:58Steris217,62-0,1%-14,2%15:53:56Stryker280,51-0,7%-20,2%15:53:45MediaFox Corporation61,82-1,1%-15,4%15:53:56Netflix70,780,5%-24,5%15:53:59Spotify524,75-0,5%-9,6%15:53:45Networking equipmentCisco Systems115,370,3%49,8%15:53:57ShippingDiana Shipping2,73-4,9%64,3%15:53:54Star Bulk28,98-2,7%50,8%15:53:52Zim Integrated Shipping30,06-1,2%41,6%15:53:46SteelNucor253,990,1%55,7%15:53:32TechAlibaba111,350,5%-24,0%15:53:55Alphabet352,690,9%12,4%15:53:56Amazon258,42-0,1%12,0%15:53:58Apple345,731,3%27,2%15:54:00IBM231,270,2%-21,9%15:53:51Meta Platforms751,68-1,4%13,9%15:54:00Microsoft542,37-0,2%12,1%15:53:59Trimble60,290,5%-23,1%15:53:51TelecomAT&T22,74-0,5%-8,5%15:53:57T Mobile152,95-0,5%-24,7%15:53:52Verizon43,51-0,1%6,8%15:53:56TobaccoAltria72,421,2%25,6%15:53:56Philip Morris202,121,4%26,0%15:53:39TransportFedex290,10-0,2%24,7%15:53:55EngineeringBoeing186,490,0%-14,1%15:53:53Caterpillar764,30-1,1%33,4%15:53:59Cummins526,02-0,6%3,1%15:53:54Deere645,93-0,6%38,7%15:53:46Eaton418,61-2,3%31,4%15:53:58Emerson Electric162,62-0,5%22,5%15:53:42GE Aerospace309,180,5%0,4%15:53:58Honeywell211,251,9%3,3%15:53:59Ingersoll-Rand78,90-0,1%-0,4%15:53:58Kennametal31,23-0,3%9,9%15:53:55Parker-Hannifin958,480,5%9,0%15:53:38Rockwell Automation429,64-0,6%10,4%15:53:38RTX Corp185,691,5%1,2%15:53:57Stanley Black&Decker89,51-1,3%20,5%15:53:33Timken113,77-0,4%35,2%15:53:28Toro97,910,0%24,4%15:53:04Source: Factset
Miliband calls for closer ties between the UK and EU – BN
UK Foreign Secretary Ed Miliband wants to see a deeper and stronger relationship with the EU. He said this in connection with the IMF’s annual meeting in Bangkok, Bloomberg News reports. The statement comes after Prime Minister Andy Burnham opened the door to a new agreement with Brussels and also possible re-entry into the EU. […]
Coreweave plunges amid concerns over AI company’s debt burden
The AI cloud provider Coreweave fell 15 percent on Wednesday after rising bond yields increased concerns about the AI infrastructure company’s financing. Sector peer Nebius also fell 10 percent. Venture capitalist Chamath Palihapitiya noted that the yield on Coreweave’s $1.25 billion in unsecured bonds maturing in 2032 had risen to nearly 15 percent, and ended […]
