Volvo Cars plunged on Stockholm exchange after report, OMXS30 index rose 0.4 percent
The Stockholm exchange closed slightly higher on Friday after some recovery towards the end of the day. The focus was on an intense flow of reports, with Volvo Cars among those falling heavily after weak results and news of further cost savings. At the close, the OMXS30 index was up 0.41 percent at 3,175.70. Shares […]
SEB cuts price target for Hoist to SEK 244 (249), reiterates Buy
SEB cuts price target for Hoist to SEK 244 (249), reiterates Buy
SEB raises its price target for Lindab to SEK 136 (127), reiterates Hold
SEB raises its price target for Lindab to SEK 136 (127), reiterates Hold
Citadel Advisors no longer a public short seller in Norbit
Citadel Advisors has reduced its short position in the Norwegian technology company Norbit to below 0.5 percent of the capital and is therefore no longer a public short seller in the company. There are three public short sellers in the company. In total, 2.14 percent of the capital is shorted in the company. Citadel Advisors […]
Citadel Advisors new public short seller in Nordic Semiconductor
Citadel Advisors has a short position equivalent to 0.59 percent of the capital in Norwegian semiconductor company Nordic Semiconductor, according to the latest reporting. There are two public short sellers in the company. In total, 2.59 percent of the capital in the company is shorted. Citadel Advisors is a US asset manager focused on quantitative […]
India targets advanced chip manufacturing by 2035 – BN
India plans to manufacture semiconductors using 3- and 5-nanometer process technology by 2035 at the latest, according to the country’s Technology Minister Ashwini Vaishnaw. Bloomberg News reports. Tata Group’s semiconductor plant in the state of Gujarat will manufacture 28-nanometer chips, while the first silicon wafers made in India are expected to become available in 2028. […]
Worldquant new publicly disclosed short seller in Castellum
Worldquant has increased its short position in the real estate company Castellum to 0.51 percent of the capital, from previously below 0.5 percent. The player is thereby a new publicly disclosed short seller in the company. There are five publicly disclosed short sellers in the company. In total, 7.13 percent of the capital is shorted […]
Deutsche Bank cuts its price target for Norsk Hydro to NOK 90 (100), reiterates Hold
Deutsche Bank cuts its price target for Norsk Hydro to NOK 90 (100), reiterates Hold
Proport Invest completes acquisition of Growth Marketing
Investment company Proport Invest has completed the acquisition of Growth Marketing and its subsidiary Nordic AI Growth, in accordance with the agreement dated 21 September. The acquisition is expected to more than double the group’s annual revenue and contribute positively to earnings and cash flow. Growth Marketing generated revenue of approximately SEK 10.8 million during […]
Genova board member buys shares for just under SEK 0.5 million
Mattias Björk purchased on 23 October 15 000 shares in real estate company Genova Property where the buyer is a board member. The shares were purchased at a price of 32,29 kronor per share. The purchase price amounts to 484 403 kronor. This is shown by the Swedish Financial Supervisory Authority’s insider register.