Baltic Dry Index rose by 0.07 percent on Friday
The Baltic Dry Index, a dry bulk freight index, rose 0.07 percent to 2,714 on Friday. The index is considered by many to be a good economic indicator as it measures the cost of shipping raw materials. The index’s record of 11,793 points was set in May 2008. The lowest level was recorded in February […]
Rusta’s purchasing chief buys 1,773 shares
Viswakumar Ananthakrishnan bought 1,773 shares on 29 October in low-price chain Rusta, where he is purchasing chief, Chief Purchasing Officer. The shares were bought at a price of 81.90 kronor per share. The purchase price amounts to SEK 145,209. This is shown by the Swedish Financial Supervisory Authority’s insider register.
Sun Pharma barred from manufacturing ophthalmic medicines after quality deficiencies – Reuters
Indian drug regulators have halted Sun Pharma’s manufacture, sale and distribution of ophthalmic medicines from the company’s plant in Assam after deficiencies were found in its quality management system. Reuters reports this, citing regulatory documents. The decision was made on 20 August after the company voluntarily recalled around eleven drug brands in July. The authorities […]
CapMan signs EUR 30 million sustainability-linked loan
The asset manager CapMan has signed a EUR 30 million sustainability-linked loan agreement, divided into two loan facilities of EUR 15 million each. The term is three years, with the option to extend by two years. The loan will be used to refinance a EUR 40 million bond loan maturing in April 2027. The refinancing […]
OP Corporate Bank raises price target on Valmet to EUR 34 (30), reiterates accumulate – BN
OP Corporate Bank raises price target on Valmet to EUR 34 (30), reiterates accumulate – BN
OP Corporate Bank cuts price target for Huhtamäki to 35.50 euros (36.50), reiterates buy – BN
OP Corporate Bank cuts price target for Huhtamäki to 35.50 euros (36.50), reiterates buy – BN
OP Corporate Bank raises price target for Kalmar to EUR 47 (46), reiterates buy – BN
OP Corporate Bank raises price target for Kalmar to EUR 47 (46), reiterates buy – BN
ING: German inflation gives ECB room to hold off on rate hike
The decline in German inflation in October is a relief for the doves at the ECB and shows that the central bank was right to hold off on further rate hikes, according to ING. The bank points out that inflationary pressure has eased broadly and that there are still no signs of higher energy prices […]
Two insider purchases in Pihlajalinna totaling EUR 40,000
Heikki Tarkkila, Executive Vice President, Strategy and Group Operations at Finnish healthcare company Pihlajalinna, bought 3,190 shares in the company on October 29 at a price of EUR 8.62 per share. The purchase price amounted to EUR 27,498. At the same time, SSK Sijoitus, a company associated with Seppo Kariniemi, who is Executive Vice President, […]
KD Ventures writes down Umecrine Cognition to zero after study failure
KD Ventures portfolio company Umecrine Cognition has not achieved statistically significant improvements in cognition or fatigue in a phase 1b/2a study of golexanolone in the liver disease PBC. KD Ventures is therefore writing down the value of its holding from SEK 226.4 million to zero. This reduces net asset value by approximately SEK 0.30 per […]
