Irregular close on the Stockholm Stock Exchange, OMXS30 index fell 0.1 percent
The Stockholm Stock Exchange recovered somewhat in the afternoon after oil prices turned lower following signals of diplomatic progress in the Middle East. However, sentiment weakened somewhat towards the end of the day and the stock market ultimately closed slightly lower. At the close, the OMXS30 index was down 0.08 percent at 3,284.44. Shares worth […]
Demant’s final third-quarter figures in line with preliminary announcement
Danish hearing healthcare company Demant reports a sharp increase in revenue in the third quarter, driven by strong organic growth in Hearing Aids and the acquisition of German company KIND. The figures are in line with the preliminary announcement made on October 9. Net revenue rose 21,5 percent to 6 624 million Danish kroner (5 […]
Cambi resolves on a dividend of 0.45 Norwegian kroner per share
The board of Norwegian Cambi has, with support from the authorization granted by the annual general meeting, resolved on a dividend of 0.45 Norwegian kroner per share. The share will trade ex-dividend on Friday, November 6, according to a press release. Cambi previously paid a dividend of 0.30 Norwegian kroner per share this year.
Italy proposes exit tax for wealthy individuals
Italian Prime Minister Giorgia Meloni wants to introduce a 26 percent exit tax on capital gains for people with assets exceeding 800,000 euros who move abroad. Bloomberg reports. The proposal is part of the government’s 26 billion euro budget and comes ahead of the next election, while rising inflation and living costs are fuelling discontent. […]
Russia says it attacked cargo vessel near Odesa
Russia says its forces have hit a dry bulk vessel in the Black Sea, around 24 kilometres south of the Ukrainian city of Odesa. Bloomberg News reports this, citing a statement from the Russian Defence Ministry on Telegram. According to the ministry, a logistics centre in the Zhytomyr region was also attacked. The information could […]
Trump: US could quickly balance its budget if Fed cuts interest rates
US President Donald Trump says the country could quickly achieve a balanced budget if the central bank Federal Reserve cut interest rates. Bloomberg News reports this, citing an interview with Fox News. Trump also says that the US attacked a newly built Iranian air defense facility during the night. He further says that US support […]
Cambi improved operating profit in the third quarter
The Norwegian environmental technology company Cambi reports increased revenue and higher operating profit in the third quarter compared with the same period of the previous year. Revenue rose 4.8 percent to 269.0 million Norwegian kronor (256.8). Ebitda was 45.2 million Norwegian kronor (41.8), with an Ebitda margin of 16.8 percent (16.3). Operating profit was 41.1 […]
Verve Group appoints Bryan Jennings as new CFO
The media company Verve Group has appointed Bryan Jennings as its new CFO. He succeeds Christian Duus, according to a press release. Jennings has more than 13 years of experience as a CFO at listed and unlisted companies in Europe and the United States. He began his career at Goldman Sachs and also worked for […]
Pareto Securities cuts its price target for Hexagon Composites to NOK 19 (24), reiterates Buy
Pareto Securities cuts its price target for Hexagon Composites to NOK 19 (24), reiterates Buy
Pareto cuts Hexagon Composites price target to NOK 19 – repeats Buy rating
Pareto Securities repeats its Buy rating on Norwegian fuel systems company Hexagon Composites but cuts its price target to NOK 19 from 24. The research firm sees a risk that eased US emissions regulations will delay the transition to natural gas-powered trucks. EBITDA forecasts for 2027–2028 are therefore cut by 13–14 percent, but they remain […]
