Alm. Brand aims to cut repair costs by more than DKK 50 million
The insurance group Alm. Brand Group plans to triple its use of the Smart Repair method by 2028. The aim is to handle around 20,000 minor car claims annually, compared with the expected 10,000 in 2027. The method can reduce the repair time to around two hours. The group already saves approximately DKK 5 million […]
Ship captain sentenced to prison in Finland for cable sabotage in the Baltic Sea
A court in Helsinki has sentenced the captain and a crew member of the cargo ship Fitburg to three years and six months and two years and ten months in prison, respectively, for aggravated damage to underwater cables in the Gulf of Finland. According to the court, the ship dragged its anchor along the seabed […]
H&M CEO not satisfied with growth, defends stock returns – EFN
H&M CEO Daniel Ervér acknowledges that the fashion retailer’s growth is not satisfactory, but defends the company’s performance and shareholder returns. He says this in an interview with EFN Finansmagasinet. Ervér points out that H&M has increased its profitability from 3 to 9 percent and that the focus is now on creating the conditions for […]
Image Systems receives SEK 1.5 million defense order
Image Systems’ Motion Analysis business area has received an order worth SEK 1.5 million from a major European defense organization. The order concerns a software subscription for the business area’s products, with a contract term of 60 months. The agreement will commence in the autumn, according to a press release.
Nordea sees acquisition potential in Medicover after India sale – lowers price target
Nordea repeats its Buy rating on healthcare and diagnostics company Medicover but lowers the price target to 340 kronor from 350 kronor after the third-quarter report. The bank lowers its forecasts for adjusted EBITDA in 2026–2028 by 1–2 percent following weaker growth and continued reimbursement pressure in Germany. At the same time, margins are improving […]
Number of job cuts in US 43,994 in October according to Challenger
The number of job cuts in the US amounted to 43,994 in October. The figure was 43,281 the previous month. This is shown in a report from Challenger, Gray & Christmas. USOctober, 2026September, 2026Challenger job cuts43,99443,281
OpenAI changes data center strategy amid growing opposition
AI company OpenAI will avoid confidentiality agreements in negotiations over new data centers and ensure that local residents do not have to bear the facilities’ electricity costs. Bloomberg News reports this. The company also promises greater transparency regarding the impact of data centers on, among other things, water consumption, noise and energy use. OpenAI will […]
Image Systems receives order worth SEK 1.5 million
Image Systems receives order worth SEK 1.5 million
DNB Carnegie raises the price target for Medicover to SEK 300 (295), reiterates Buy
DNB Carnegie raises the price target for Medicover to SEK 300 (295), reiterates Buy
Pareto cuts price target for Cheffelo after report – but considers share-price decline excessive
Pareto repeats its Buy rating on meal-kit company Cheffelo but cuts its price target to SEK 140 from SEK 150 after the third-quarter report. The brokerage cuts its EBIT forecasts for 2026–2028 by 2–4 percent following weaker volumes and higher costs. Despite this, growth for the year is expected to reach 13.5 percent, above the […]
