Pertento Partners is no longer a publicly disclosed short seller in Hemnet
Pertento Partners has reduced its short position in the housing platform Hemnet to below the public disclosure threshold. There are now four publicly disclosed short sellers in the company. In total, 10.14 percent of the capital in Hemnet is shorted. The Swedish Financial Supervisory Authority requires positions above 0.1 percent to be reported, and short […]
SB1 Markets sees limited forecast changes for Entra
SB1 Markets reiterates its Neutral rating and unchanged price target of 100 Norwegian kroner for property company Entra after a report deemed neutral. Profit from property management of 306 million Norwegian kroner was 5 percent below consensus, mainly due to higher financing costs. Property values were written down by 1.4 percent, more than expected, SB1 […]
EFN sees continued buying opportunity in Kinnevik after disappointing report
Investment company Kinnevik’s share price is falling on Thursday after the interim report for the third quarter received a sour reception. It was also Helena Saxon’s first report as CEO. “Kinnevik’s net asset value is treading water, the bold deals are conspicuous by their absence and the new strategy is being reiterated. We see the […]
FTC investigates OpenAI and Anthropic over possible violations of consumer protection rules – Axios
The US competition and consumer protection agency FTC has requested extensive documentation from the AI companies OpenAI and Anthropic as part of an investigation into possible violations of consumer protection rules. Axios reports this, citing a source. On Wednesday, the agency sent formal demands of more than 50 pages to each company. The requests cover, […]
Bar Djus enters partnership with Martin & Servera – receives first order
The Danish beverage company Bar Djus has entered into a distribution partnership with Swedish food wholesaler Martin & Servera and has simultaneously received its first order from the company. The partnership gives Bar Djus access to a new distribution channel in the Swedish market and is intended to strengthen sales to restaurants, hotels and other […]
SB1 Markets raises the price target for AQ Group to SEK 303 (285), reiterates Buy
SB1 Markets raises the price target for AQ Group to SEK 303 (285), reiterates Buy
Mondi increases profit – but higher costs weigh
Packaging and paper company Mondi reports underlying EBITDA of 196 million euros for the third quarter, compared with 167 million euros in the previous quarter. However, adjusted for changes in the value of forest assets, earnings declined, mainly as a result of planned maintenance shutdowns. This is according to an operational update. Rising input costs […]
UBS considers leaving Switzerland after tighter capital requirements – WSJ
Swiss banking giant UBS is preparing a Plan B under which it would move its headquarters out of Switzerland if the country’s politicians proceed with proposals for tighter capital requirements. The Wall Street Journal reports this, citing sources familiar with the matter. Among the alternatives are buying a US financial institution, merging with a European […]
Too Good To Go expands marketplace into more product categories
Danish Too Good To Go is expanding its digital marketplace from surplus food to five new categories: personal care, pet products, flowers and plants, dietary supplements and household products. More than 8,500 stores already offer products in the new categories, of which around one-third have previously worked with the company on surplus food. The expansion […]
Kristersson to discuss next steps with the Speaker
Prime Minister Ulf Kristersson (M) will temporarily leave the EU summit in Brussels on Thursday afternoon for talks with Speaker of the Riksdag Andreas Norlén about the next steps regarding the government. He tells Sveriges Radio’s Ekot. The talks will take place after parliament is due to vote at lunchtime on Magdalena Andersson (S) as […]
