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Amazon cuts jobs in devices and services division – Reuters

E-commerce giant Amazon is reducing its workforce in its devices and services business following several product launches, including new Kindle e-readers and tablets. Reuters reports this. The company told Reuters that a small number of positions are being eliminated to streamline the business and better align the organization with its product plans. Earlier in October, […]

Swiss Properties Invest insider buys shares for 1.1 million Danish kroner

Keld Østergaard has bought a total of 11,186 shares in Swiss Properties Invest through Swiss Property Ventures for approximately 1.1 million Danish kroner. On 26 October, 10,000 shares were bought at a price of 102 Danish kroner, corresponding to 1.02 million Danish kroner. The following day, a further 1,186 shares were bought at a price […]

JP Morgan may face tax bill of up to £150 million in the UK – Sky News

JP Morgan Chase is expected to pay an additional £100–150 million in UK tax following the government’s increase in the bank tax, Sky News reports. The surcharge will rise from 3 to 6 percent over 15 months from January 2027, which the government expects to raise around £1.5 billion. According to Sky News, the higher […]

Dynavox Chief Operating Officer Luis Mustafa buys shares

Luis Mustafa bought 1,920 shares in technology company Dynavox on 28 October, where he is Chief Operating Officer. The shares were purchased at a price of 7.80 dollars per share, a transaction worth 15,000 dollars. The transaction was carried out outside a trading venue. This is shown by the Swedish Financial Supervisory Authority’s insider register. […]

EU drops plan for associate membership for Canada – Politico

EU countries have scrapped the proposal to offer Canada associate membership status in the union ahead of this week’s EU-Canada summit, Politico reports, citing a draft. Germany, Italy, Greece and France are among the countries that opposed the wording. The latest draft instead refers to ever-closer association between Canada and the EU, but without full […]

Atlas Copco CFO Peter Kinnart buys shares for just over SEK 0.6 million

Peter Kinnart bought 4,000 B shares in industrial company Atlas Copco on 27 October, where he is CFO. The shares were bought at a price of SEK 159.35 per share, a transaction worth SEK 637,400. The transaction was made on Nasdaq Stockholm. This is shown in the Swedish Financial Supervisory Authority’s insider register. Kinnart subsequently […]

EFN gives Sandvik a buy rating – sees 20–25 percent upside

EFN Finansmagasinet recommends buying engineering company Sandvik and estimates that the stock has 20–25 percent upside over a 12-month horizon. Analyst Gabriel Isskander highlights strong order intake, rising margins and a strong balance sheet. At the same time, the stock has fallen nearly 20 percent from its peak levels. EFN expects adjusted EBITA of SEK […]

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