Witted Megacorp invests EUR 100,000 in new consulting company
Witted Megacorp invests EUR 100,000 in newly established Airi Works and acquires a 20 percent ownership stake. The company will help corporate management implement AI-driven business transformation. The remaining 80 percent is owned by key individuals. Airi Works CEO Mia Folkesson is married to Witted CEO Markus Huttunen, who did not participate in the decision. […]
JP Morgan raises Danske Bank, Noba and Handelsbanken – remains negative on Nordea and SEB
US banking giant JP Morgan has updated its recommendations for several Nordic banks ahead of 2027. The bank sees improved earnings prospects but at the same time warns of pressured lending margins due to fierce competition, particularly in Norway. Danske Bank is upgraded to overweight from neutral, and the price target is raised by 25 […]
Wells Fargo resumes coverage of Thor Industries with an Equal Weight rating and a price target of $80
Wells Fargo resumes coverage of Thor Industries with an Equal Weight rating and a price target of $80
Bank of America downgrades VAT Group to Neutral (Buy)
Bank of America downgrades VAT Group to Neutral (Buy)
Bank of America downgrades Rheinmetall to Neutral (Buy), target price EUR 900 (1,300)
Bank of America downgrades Rheinmetall to Neutral (Buy), target price EUR 900 (1,300)
Internal tug-of-war within the Centre Party after opening to the right – SR
The Centre Party is divided over the party’s political direction following party leader Elisabeth Thand Ringqvist’s opening to the right on Friday. Sveriges Radio reports this, citing several party sources. According to one source, the party’s confidence council is expected to decide on the direction after the Social Democrats and Moderates announce their positions on […]
Reports: Evonik rejects further takeover approach from BASF after meeting – Handelsblatt
German chemicals company Evonik is standing by its independence despite the company’s management meeting with representatives of BASF for the first time to discuss a possible takeover. Handelsblatt reports this, citing sources familiar with the matter. The meeting took place on Saturday in the Frankfurt area and brought together the companies’ CEOs, finance chiefs and […]
Nordea fined 155 million Danish kroner in money laundering case
Large bank Nordea has been fined 155 million Danish kroner in a major Danish case involving violations of the Money Laundering Act. This is confirmed by the Copenhagen District Court to the news agency Ritzau. The case concerns violations linked to amounts exceeding 26 billion Danish kroner. The prosecutor had sought a fine of 6.6 […]
Sources: DE Shaw in talks about billion-pound investment in Monzo – Sky News
US asset manager DE Shaw is in talks to lead a capital raising of between 300 and 500 million pounds in British digital bank Monzo. Sky News reports this, citing sources. The deal is expected to value Monzo at around 7 billion pounds before the capital injection. The talks follow the termination of acquisition discussions […]
Handelsbanken Fonder reduces holding in Cellavision below 5 percent
Handelsbanken Fonder has sold 69,000 shares in Cellavision on November 6, thereby crossing below the 5 percent disclosure threshold. Following the sale, the holding amounts to approximately 1.18 million shares, corresponding to 4.94 percent of the capital and votes.
