Paxman receives its first UK orders for neuropathy system
Medical technology company Paxman has received its first UK orders for the Paxman Neuropathy System, which aims to reduce nerve damage during chemotherapy. Four systems will be installed in December at a private cancer care provider operating at four locations in the UK. The orders mark the company’s first commercial step beyond scalp cooling. No […]
Colgate-Palmolive’s results better than expected
US consumer products company Colgate-Palmolive reported revenue in line with expectations in the third quarter. Adjusted earnings per share were better than expected. Revenue increased 4.7 percent to USD 5.37 billion (5.13). This compares with FactSet analyst consensus of 5.34. Adjusted earnings per share were USD 0.97 (0.91), which is 4.3 percent better than analyst […]
Scatec CFO buys shares for NOK 594,000
Scatec CFO Hans Jakob Hegge has bought 7,000 shares in the company at an average price of NOK 84.90 per share. The transaction is worth approximately NOK 594,000. Following the purchase, he owns 20,363 shares in Scatec.
Verdict in Lundin case postponed until February 2027 – TT
The verdict in the case concerning suspected serious violations of international humanitarian law linked to Lundin Oil has been postponed from 3 December to 17 February 2027, Stockholm District Court announces, as reported by TT. The reason is that the court needs more time to finalize the verdict. Lundin Oil’s former executives Ian Lundin and […]
Valmet and Metsä Fibre settle billion-scale dispute
Finnish companies Valmet and Metsä Fibre have reached a settlement in the arbitration proceedings concerning Metsä Fibre’s bioproduct mill in Kemi. The outstanding claim against Valmet amounted to approximately EUR 33.5 million at the end of the third quarter. The terms of the settlement are confidential. The effect will be recognized as an item affecting […]
Affärsvärlden lands on a Buy rating for Autoliv
Affärsvärlden gives a Buy rating to automotive safety company Autoliv despite risks of declining vehicle production and pressured margins. Global Mobility expects vehicle production to decline by 4.5 percent globally and 9 percent in China during the fourth quarter. In a pessimistic scenario, Affärsvärlden sees downside of approximately 30 percent at a 7 percent operating […]
EU fees on Shein and Temu could generate 6 billion euros annually
EU fees on low-cost e-commerce parcels from, among others, the Chinese companies Shein and Temu could generate 6 billion euros annually for the bloc’s budget during the 2028–2034 period. Reuters reports this, citing a document from the European Commission. From 1 November, an additional fee of 2 euros per item will be introduced, on top […]
General Dynamics increases revenue by 13 percent – earnings above expectations
US defense contractor General Dynamics reports revenue of USD 14.57 billion for the third quarter. Analysts had expected USD 13.71 billion, according to Bloomberg News. Earnings per share rose to USD 4.49 from USD 3.88, versus expectations of USD 4.13. The operating margin improved to 10.5 percent from 10.3 percent, compared with expectations of 10.4 […]
Jernhusen CEO sees increased demand, plans further disposals and continues developing projects – Kvartalet
State-owned property company Jernhusen’s CEO Biljana Pehrsson sees continued growing demand for stations and train depots, driven by increased rail travel and investments in new trains. She says this in an interview on the Kvartalet podcast. The company has acquired an office property in Sävenäs in Gothenburg to enable future expansion of the adjacent depot. […]
Viaplay completes sale in the Netherlands for SEK 1.57 billion
Viaplay has completed the sale of its Dutch streaming and television operations to DPG Media-owned Videoland for EUR 142 million, corresponding to SEK 1.57 billion. Net proceeds are expected to amount to approximately SEK 1.1 billion after costs and future payments and will be used to reduce net debt. The operations generated revenue of EUR […]
