Swedbank Robur takes a seat on Note’s nomination committee
Contract manufacturer Note has appointed the nomination committee ahead of the 2027 annual general meeting. Magnus Sjöqvist of Swedbank Robur replaces Felix Lindberg of Cervantes Capital. Johan Hagberg, Egil Dahl of Vevlen Gård and Mattias Andersson, who represents the holdings of Myggenäs Gård and Fredrik Hagberg, remain. Andersson has been appointed chairman. The annual general […]
SB1 Markets raises price target for Medistim to 260 Norwegian kronor
SB1 Markets repeats its Neutral rating on medical technology company Medistim and raises the price target to 260 Norwegian kronor from 230. The increase is justified by rising valuations in the sector and a 6 percent upward revision to the earnings forecast for 2026. SB1 expects annual sales growth of 9–10 percent and improved margins. […]
Bank of America maintains Buy rating on Alphabet ahead of results
Bank of America maintains its Buy rating on Google’s parent company Alphabet and expects slightly stronger-than-expected results for the third quarter. The bank forecasts revenue of USD 111.4 billion and earnings per share of USD 3.07, versus consensus estimates of USD 111 billion and USD 2.98, respectively. The cloud business is expected to grow by […]
Morgan Stanley cuts price target for Western Digital – raises Seagate’s
Morgan Stanley repeats its Overweight rating on hard-drive manufacturers Western Digital and Seagate, but cuts the price target for Western Digital to 643 dollars from 676 and raises Seagate’s to 1,200 dollars from 1,187. This is reported by Investing.com. The bank sees buying opportunities following the share-price declines and points to strong demand as well […]
Major outage at Google Cloud affected banks and online services
A widespread outage at Google Cloud caused disruptions at several British banks and digital services on Tuesday, including Revolut, Lloyds, HSBC and Halifax. Delivery companies and the courts’ video links were also affected, Sky News reports. The problems arose following a power-related failure in a data centre area in London. Google says the disruptions have […]
Former OpenAI chief raises $230 million for AI company
Bob McGrew, former head of research at OpenAI, has raised $230 million for the AI company Arda in a funding round that values the company at $1.5 billion. CNBC reports this. The funding round was led by Altimeter Capital, Accel and Khosla Ventures. Arda develops AI software to automate manufacturing processes and more quickly adapt […]
Pending home sales in the US fell more than expected month-on-month in September (update)
(update with details) Pending home sales in the US fell more than expected month-on-month in September. On a monthly basis, pending home sales fell 7.3 percent (+0.3), compared with the LSEG analyst consensus, which expected a decline of 0.5 percent. The decline coincided with the average interest rate on 30-year mortgages rising from approximately 6.8 […]
Mixed opening on the New York Stock Exchange, S&P 500 index rises 0.2 percent
US stock markets are trading unevenly at Tuesday’s opening. On the corporate front, a number of quarterly reports are in focus, with GE Aerospace, 3M and defense giant Northrop Grumman, among others, beating earnings expectations and raising their full-year forecasts. The broad S&P 500 index was up 0.2 percent at 7,707.55 at 15:47. Technology-heavy Nasdaq […]
Key US companies at 15:55 – Whirlpool rises 4.9 percent
Sector/companyPriceChange todayChange this yearTimeAluminumAlcoa40,54-2,7%-23,7%15:55:55Banking & FinanceAmerican Express322,271,8%-12,9%15:55:45Bank of America50,881,0%-7,5%15:55:57Citigroup122,140,4%4,7%15:55:52Goldman Sachs880,320,5%0,2%15:55:57JP Morgan Chase338,761,6%5,2%15:55:50Morgan Stanley179,720,7%1,2%15:55:51Wells Fargo82,330,6%-11,7%15:55:54ApparelAbercrombie163,360,8%29,8%15:55:55Bath & Body Works20,382,7%1,5%15:55:57Gap23,630,4%-7,7%15:55:41TJX148,240,6%-3,5%15:56:01BiotechAmgen434,692,3%32,8%15:55:50RetaileBay121,691,0%39,7%15:55:57Home Depot317,192,4%-7,8%15:55:47Walmart119,680,8%7,4%15:55:55EnergyChevron224,810,2%47,5%15:55:55Conoco Phillips145,680,3%55,6%15:55:53Exxon Mobil178,290,0%48,2%15:56:00Halliburton33,421,3%18,3%15:56:00SLB49,581,0%29,2%15:55:47AutomotiveFord Motor12,07-0,9%-8,0%15:56:00General Motors78,63-5,0%-3,3%15:55:59Paccar109,481,0%0,0%15:55:51Tesla368,350,1%-18,1%15:56:00DefenseLockheed Martin556,581,5%15,1%15:55:59MiningFreeport McMoRan67,79-2,8%33,5%15:55:59SemiconductorsAMD530,78-1,4%147,8%15:56:00Intel90,16-2,2%144,0%15:55:58Nvidia213,76-1,5%14,6%15:55:56Qualcomm173,17-0,2%1,2%15:55:46STMicro45,16-1,0%74,1%15:55:55Texas Instruments276,340,1%59,3%15:55:59InvestmentBerkshire Hathawy538,781,2%7,2%15:55:59Consumer GoodsKimberly-Clark106,941,5%6,0%15:55:59Procter&Gamble159,050,9%11,0%15:55:52Thor Industries66,360,8%-35,4%15:55:46Whirlpool27,804,9%-61,5%15:55:52FoodCoca-Cola93,650,3%34,0%15:55:58McDonald’s245,941,3%-19,5%15:55:55PharmaceuticalsAbbott Laboratories104,800,8%-16,3%15:55:55Bristol Myers Squibb60,663,1%12,4%15:55:54Eli Lilly1292,004,2%20,2%15:55:55Gilead Sciences156,122,0%27,2%15:55:47Johnson & Johnson258,862,0%25,1%15:55:57Merck147,943,0%40,5%15:56:00Pfizer30,092,2%20,8%15:55:57MedtechBoston Scientific45,881,8%-51,9%15:55:58Medtronic94,602,0%-1,5%15:55:47Steris226,131,9%-10,8%15:55:47Stryker302,821,6%-13,8%15:55:44MediaFox Corporation66,351,7%-9,2%15:55:45Netflix70,390,8%-24,9%15:56:00Spotify530,422,3%-8,6%15:55:57Networking EquipmentCisco Systems106,05-0,4%37,7%15:56:00ShippingDiana Shipping2,541,2%53,0%15:54:24Star Bulk28,100,1%46,2%15:55:46Zim Integrated Shipping28,76-0,8%35,4%15:55:39SteelNucor257,00-1,4%57,6%15:55:36TechAlibaba108,10-0,4%-26,3%15:55:47Alphabet338,64-0,4%8,0%15:55:58Amazon262,45-0,1%13,7%15:55:49Apple341,30-0,5%25,5%15:55:58IBM239,411,3%-19,2%15:55:43Meta Platforms682,24-3,2%3,4%15:56:01Microsoft528,16-1,0%9,2%15:55:58Trimble60,801,4%-22,4%15:55:37TelecomAT&T23,571,6%-5,1%15:55:58T Mobile160,552,9%-20,9%15:56:00Verizon44,951,8%10,3%15:56:00TobaccoAltria75,161,4%30,3%15:56:00Philip Morris201,980,5%25,9%15:55:48TransportFedex296,791,1%27,7%15:55:52EngineeringBoeing190,73-0,4%-12,2%15:55:59Caterpillar714,76-1,5%24,8%15:55:52Cummins523,190,2%2,4%15:55:52Deere632,830,9%35,9%15:55:52Eaton377,49-3,6%18,5%15:55:52Emerson Electric158,08-1,5%19,1%15:55:35GE Aerospace299,90-3,7%-2,6%15:55:56Honeywell212,371,1%3,8%15:55:46Ingersoll-Rand77,23-0,7%-2,5%15:55:40Kennametal30,700,3%8,1%15:55:37Parker-Hannifin947,28-2,0%7,8%15:55:41Rockwell Automation419,86-1,1%7,9%15:55:30RTX Corp196,212,1%7,0%15:55:47Stanley Black&Decker92,151,1%24,1%15:54:11Timken111,75-0,8%32,8%15:55:43Toro101,551,1%29,0%15:51:48Source: Factset
Electrolux expected to report adjusted operating profit of 867 million – Modular
The home appliance company Electrolux will release its third-quarter report on Friday. Expected adjusted operating profit, according to consensus from Modular Finance based on estimates from twelve analysts, is 867 million kronor. In the corresponding period last year, profit was 890 million. The company will release the report at 07.00 and hold a conference call […]
