Inderes repeats its Sell rating on Endomines – cuts price target
Inderes repeats its Sell rating on mining company Endomines and cuts the price target to EUR 7.5 from EUR 8 after a weaker-than-expected third quarter. Higher unit costs at Pampalo have prompted the research house to raise its cost forecasts. At the same time, the feasibility study for the southern gold belt has been postponed […]
DNB Carnegie raises its price target for Apotea to SEK 114 (100), reiterates Buy
DNB Carnegie raises its price target for Apotea to SEK 114 (100), reiterates Buy
DNB Carnegie raises its price target for Camurus to SEK 914 (863), reiterates Buy
DNB Carnegie raises its price target for Camurus to SEK 914 (863), reiterates Buy
Russia takes over Japan Tobacco’s factories as conflict with Japan escalates
Russia has taken control of four factories belonging to Japan Tobacco. President Vladimir Putin has decided that the company’s Russian assets are to be placed under temporary local administration. The Wall Street Journal reports. The decision comes after relations between the countries deteriorated sharply as a result of Japan’s support for Ukraine. Russia has also […]
BTS sharply increased EBITA – reiterates full-year outlook
Consulting and training company BTS reports increased revenue and a significantly improved operating profit in the third quarter, described as the company’s strongest third quarter to date. Revenue rose 14.4 percent to SEK 716 million (626). Currency-adjusted growth was 13 percent, entirely organic. EBITA was SEK 81 million (45), with an EBITA margin of 11.4 […]
Wonder prepares for US IPO
US restaurant and food delivery company Wonder, founded by entrepreneur Marc Lore in 2018, has confidentially filed documents with the SEC ahead of a planned IPO. The company operates around 170 locations in the US and has completed acquisitions worth at least 1 billion dollars, including Grubhub and Blue Apron. Wonder has raised more than […]
Inderes lowers the price target for Koskisen to EUR 7.50 (8.50), reiterates Reduce
Inderes lowers the price target for Koskisen to EUR 7.50 (8.50), reiterates Reduce
Sources: General Mills considering selling Häagen-Dazs outside North America – WSJ
The US food producer General Mills is considering divesting its Häagen-Dazs ice cream business outside North America. The Wall Street Journal reports this, citing sources. The plans are at an early stage and the company may choose to retain the business. One possible buyer is Froneri, which already operates Häagen-Dazs in the US and is […]
Krona Public Real Estate has its final trading day on Spotlight today ahead of delisting
The real estate company Krona Public Real Estate has its final trading day on Spotlight Stock Market today, 6 November, ahead of delisting. The background is that the company has been acquired by Krona Bidco, which controls 93 percent of the shares. The bidder has initiated compulsory redemption of the remaining shares.
DNB Carnegie raises its price target for Ørsted to DKK 150 (145), reiterates Hold
DNB Carnegie raises its price target for Ørsted to DKK 150 (145), reiterates Hold
