SB1 sees limited room for buybacks in Corem – cuts price target
SB1 Markets reiterates Neutral for property company Corem and cuts its price target to SEK 2.3 from SEK 2.6. Profit from property management in the third quarter exceeded the forecast by 15 percent, mainly due to higher financial income. At the same time, the vacancy rate rose to 17.9 percent. SB1 cuts its cash flow […]
French major banks scrutinized as political turmoil weighs on economy – BN
French major banks BNP Paribas, Société Générale and Crédit Agricole are expected to face increased scrutiny as they present their quarterly reports this week. Investors are concerned about the banks’ holdings of French government bonds and the risk of an economic slowdown as a result of political instability and social protests, Bloomberg reports. The banks […]
Stockholm Stock Exchange opens lower as expected on Tuesday, OMXS30 index down 0.4 percent
The Stockholm Stock Exchange opened lower as expected on Tuesday, with attention focused on the earnings season. At around 09:20, the OMXS30 index was down 0.37 percent at 3,213.52. Shares worth approximately SEK 1.3 billion were traded on the Stockholm Stock Exchange. Energy posted the strongest performance among the exchange’s major industrial sectors, rising 0.8 […]
Kepler Cheuvreux upgrades Lifco to Buy (Hold), target price SEK 345 (350) – BN
Kepler Cheuvreux upgrades Lifco to Buy (Hold), target price SEK 345 (350) – BN
Sveafastigheter announces plans to cut 50 jobs following merger
Sveafastigheter announces plans to cut 50 jobs following merger
Kepler Cheuvreux raises Afry to Hold (Reduce), target price SEK 136 (100) – BN
Kepler Cheuvreux raises Afry to Hold (Reduce), target price SEK 136 (100) – BN
Nordea sees continued improvement in Swedish labor market – expects lower unemployment
Nordea assesses that the Swedish labor market will continue to recover and that registered unemployment will decline further in early next year, before stabilizing at around 5 percent. The bank says this in a macro comment after the register-based BAS statistics showed a 0.1 percent increase in employment in August, while unemployment rose marginally to […]
OP Corporate Bank upgrades Kempower to Buy (Increase), price target EUR 10.60 – BN
OP Corporate Bank upgrades Kempower to Buy (Increase), price target EUR 10.60 – BN
UK and EU approach solution on Made in Europe rules
The UK and EU are making progress in talks on the union’s proposed Made in Europe rules, which risk disadvantaging British manufacturers, particularly in the automotive industry. This was stated by UK Business Secretary Jonathan Reynolds, Reuters reports. The rules are intended to favor European-made products in public procurement and support schemes. According to earlier […]
Weibel Scientific receives record order for radar systems for Poland worth EUR 84 million
Danish radar technology company Weibel Scientific has signed an agreement with Poland’s PIT-Radwar to deliver the XENTA-M5 radar system for Poland’s SAN anti-drone programme. The order is worth EUR 84 million, equivalent to DKK 625 million, and is the largest in the company’s history. The radar system will detect, track and classify airborne threats, from […]
