Scandinavian Tobacco raises full-year forecasts after earnings improvement
Tobacco company Scandinavian Tobacco reports increased revenue and higher operating profit in the third quarter compared with the same period a year earlier. The company is also raising its forecasts for the operating margin and adjusted earnings per share for the full year. Revenue rose 3.3 percent to 2,434 million Danish kroner (2,357). Organic sales […]
Helsing launches AI platform for military intelligence analysis
German AI and defense company Helsing has launched Clarity, an AI-based platform designed to help armed forces analyze large volumes of data more quickly, identify threats and prepare military operations. This is stated in a press release. The platform uses AI agents to compile and analyze information from satellites, drones, sensors and intelligence reports, among […]
Sand Grove Capital increases holding in Egetis Therapeutics
Sand Grove Capital Management has increased its holding in the pharmaceutical company Egetis Therapeutics to approximately 16.4 million shares, from 14.7 million shares previously. The holding consequently amounts to 3.525 percent of the shares and votes. In addition, Sand Grove holds financial instruments corresponding to 1.502 percent of the votes. The total holding therefore amounts […]
Vend Marketplaces issues bonds worth NOK 2.85 billion
Norwegian Vend Marketplaces has issued senior unsecured bonds worth NOK 2.85 billion across three tranches. A five-year bond of NOK 1.2 billion carries a floating rate of three-month NIBOR plus 1.00 percentage points, while a five-year bond of NOK 400 million carries a fixed rate of 5.496%. A seven-year bond of NOK 1.25 billion carries […]
Coreweave expects continued expansion despite political opposition
AI infrastructure company Coreweave does not expect the political changes following the Democrats’ success in the US midterm elections to slow the expansion of data centers. CEO Mike Intrator said this during the earnings call, CNBC reports. “We do not expect the sweeping changes in the regulatory framework to have any consequences,” Intrator said. The […]
Dataproces signs new advisory agreement in Germany
Danish Dataproces has signed another advisory agreement in Germany through its collaboration with Lexis & Rother, according to a press release. The agreement is the company’s sixth advisory assignment in Germany and covers development planning for special schools in a German district and three cities. The total sales value in Germany during the 2026/27 financial […]
Sources: Iberdrola considering selling solar power assets in Germany for up to EUR 200 million – BN
Spanish energy company Iberdrola is considering selling a portfolio of solar power assets in Germany with an installed capacity of 121 megawatts. The assets are valued at between EUR 100 million and EUR 200 million, Bloomberg News reports, citing sources. The sale is part of the company’s strategy to focus on electricity grid operations in, […]
Fidelity reduces shareholding in General Oceans – falls below 5 percent
The asset manager Fidelity Management & Research has reduced its shareholding in General Oceans to 4.97 percent, thereby falling below the reporting threshold of 5 percent. Including financial instruments, the holding amounts to 5.02 percent. Parent company FMR’s total holding in General Oceans is unchanged at 8.33 percent of the share capital and votes. The […]
Eli Lilly’s drug combination shows improved efficacy against psoriatic arthritis
US pharmaceutical company Eli Lilly reports positive 52-week results from the phase 3b Together-PsA study, in which the combination of Taltz and Zepbound showed greater efficacy than Taltz alone in patients with psoriatic arthritis and overweight or obesity. This is stated in a press release. After one year, 43.7 percent of the patients receiving the […]
Bankruptcy administrator disputes hundreds of claims in Northvolt bankruptcy – Di
The bankruptcy administrator for Northvolt is challenging almost half of the claims filed after the battery manufacturer’s collapse. The disputed claims include a significant amount from a bank consortium led by Swedbank. Dagens industri reports. Of approximately 800 claims filed, bankruptcy administrator Mikael Kubu has raised objections to nearly 350, in whole or in part. […]
