Pareto raises target price for Storytel to SEK 115 – repeats Hold rating
Pareto Securities repeats its Hold recommendation for Storytel but raises its target price to SEK 115 from SEK 110 following the company’s third-quarter report. The report was stronger than expected, with revenue exceeding Pareto’s forecast by 4 percent and consensus by 5 percent. The external publishing business was the main contributor, while the streaming business […]
Hong Kong’s exports rose 64.9 percent year-on-year in September – increase of 51.6 percent expected
Hong Kong’s trade deficit amounted to HKD 46.3 billion in September. The previous month showed a deficit of HKD 71.2 billion. According to Bloomberg, the market expected a deficit of HKD 69.0 billion. Exports rose 64.9 percent year-on-year. The market expected an increase of 51.6 percent. The previous month’s reading was 53.0 percent. Hong Kong, […]
Hong Kong’s trade balance -46.3 billion Hong Kong dollars in September, expected -69.0
Hong Kong’s trade balance -46.3 billion Hong Kong dollars in September, expected -69.0
Hong Kong exports +64.9 percent year-over-year in September, expected +51.6
Hong Kong exports +64.9 percent year-over-year in September, expected +51.6
Kepler Cheuvreux cuts Storytel to Hold (Buy), price target SEK 125 (120)
Kepler Cheuvreux cuts Storytel to Hold (Buy), price target SEK 125 (120)
Stockholm stock exchange trades around flat at the open – Fed decision tonight
The Stockholm stock exchange opened Wednesday’s trading around flat, with interim reports in focus. At the same time, the market is awaiting this evening’s interest rate decision from the Federal Reserve. The interest rate is expected to be left unchanged, but signals on future monetary policy are taking center stage. Over the coming days, important […]
Intrum CEO Johan Åkerblom buys shares for SEK 0.45 million
Credit management company Intrum’s CEO Johan Åkerblom bought 265,937 shares in the company on October 27. The shares were purchased at a price of SEK 1.71 per share, a transaction worth SEK 454,000. The transaction was carried out on Nasdaq Stockholm. This is shown by the Swedish Financial Supervisory Authority’s insider register. Åkerblom subsequently owns […]
Loomis expected to report adjusted operating profit of 1 125 million – Modular
The cash management company Loomis will publish its report for the third quarter on Friday. Expected adjusted operating profit, according to consensus from Modular Finance based on estimates from five analysts, is 1 125 million kronor. In the corresponding period last year, the result was 961 million. The company will release the report at 07.30 […]
Qatar has put forward a new peace proposal for Iran
Qatari mediators have presented a new draft agreement for Iran aimed at ending the war with the United States and Israel. Iran is considering the proposal and is expected to respond before the end of the week, Reuters reports, citing an official with insight into the negotiations. The proposal includes a seven-day plan under which […]
Eastnine CEO and major shareholder Kestutis Sasnauskas buys shares worth SEK 2.1 million
On 27 October, Kestutis Sasnauskas bought 50,000 shares in property company Eastnine, where he is CEO and major shareholder, through the company Schkval. The shares were bought at a price of SEK 42.20 per share, a transaction worth SEK 2.1 million. The transaction was carried out on Nasdaq Stockholm. This is shown by the Swedish […]
