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Stockholm market ended the week with a broad gain, OMXS30 index rose 1.3 percent
Stockholm market rose in a broad advance on Friday. The gain was in line with Frankfurt, while London and Paris posted more moderate increases. Investor
Akzo Nobel offers concessions to the EU over Axalta deal
Dutch paint and coatings specialist Akzo Nobel has submitted proposals for concessions to address the European Commission’s competition concerns over the acquisition of US rival
Goldman Sachs CEO David Solomon becomes new chair of The Business Council
Goldman Sachs Chairman and CEO David Solomon has been appointed the new chair of the US business organization The Business Council. He succeeds Brian Cornell,
Barclays changes Fed forecast after higher inflation – now forecasts hikes in December and January
Barclays now expects the US central bank Federal Reserve to raise its policy rate by 25 basis points in both December and January, followed by
SEB raises the price target for Chemometec to DKK 580 (500), maintains its hold rating
SEB raises the price target for Chemometec to DKK 580 (500), maintains its hold rating
Sources: Lufthansa considers selling software assets for 1 billion euros – FT
German airline Lufthansa is considering selling some of its software assets in a deal that could be worth 1 billion euros. Several people familiar with
Bank of America raises Fox to Buy – price target raised sharply
Bank of America raises its recommendation for media company Fox to Buy from Underperform and raises the price target to 85 from 54 dollars following
Flerie gets approval for merger with Biosergen
The Swedish Companies Registration Office has granted investment company Flerie permission to complete the merger with Biosergen. The merger is expected to be registered on
European stocks rise broadly ahead of close, Stoxx 600 index up 0.8 percent
Major European stock markets are rising broadly ahead of Friday’s close, with the Frankfurt Stock Exchange leading the gains. The broad European Stoxx 600 index
Spain’s opposition leader calls for naval deployment to Ceuta
Spain’s opposition leader Alberto Núñez Feijóo, leader of the conservative Partido Popular, is calling for the country’s navy to be sent to Ceuta following unconfirmed
Bank of America expects Meta Platforms to beat sales consensus
Bank of America repeats its Buy rating on technology company Meta with a price target of 810 dollars ahead of the report on October 21.
Citadel Securities no longer a public short seller in Nordic Mining
Citadel Securities has reduced its short position in the Norwegian mining company Nordic Mining to below 0.5 percent of the capital. As a result, the
Millennium no longer a public short seller in Norwegian Air Shuttle
Millennium International Management has reduced its short position in the Norwegian airline Norwegian Air Shuttle to below 0.5 percent of the share capital. As a
Citadel Advisors new publicly disclosed short seller in Bavarian Nordic
Citadel Advisors has increased its short position in the Danish biotech company Bavarian Nordic to 0.51 percent of the share capital, from 0.45 percent previously.
Technology shows weakness in choppy New York trading, S&P 500 index down 0.1 percent
The New York Stock Exchange opened Friday’s trading with a choppy trend. The technology-heavy Nasdaq is, however, recording a clear decline. The broad S&P 500
Danske Bank sees signs of increased price pressures in Sweden
Danske Bank notes that Swedish core inflation came in slightly higher than in the flash estimate, at 0.54 percent year-over-year versus the preliminary 0.53 percent.
European Commission approves EQT’s and GIM’s acquisition of AES
The European Commission has approved Global Infrastructure Management’s (GIM) and EQT Fund Management’s acquisition of joint control over the US energy company AES. The transaction
Upcoming listing Prisjakt: Plans to grow through AI, expansion and acquisitions – CEO
Prisjakt is heading for the stock market with a focus on continued expansion in Europe and further acquisitions. CEO Peter Greberg views the listing as
Eniro CFO Mario von Dahn to leave in spring – joins Net Insight (update)
(adds two final paragraphs) Search company Eniro’s CFO Mario von Dahn has decided to leave the company at the beginning of the second quarter of
US industrial capacity utilization higher than expected in September
US industrial capacity utilization came in higher than expected in September. Capacity utilization increased to 76.9 percent from 76.4 (revised from 76.3) in the previous
Net Insight: Mario von Dahn to take over as CFO in the spring
Net Insight: Mario von Dahn to take over as CFO in the spring
US industrial production increased more than expected month-on-month in September
US industrial production increased more than expected month-on-month in September. On a monthly basis, industrial production rose 0.7 percent (+0.1 revised from 0.0), compared with
Egetis Therapeutics: New study shows positive effects of tiratricol in RTH-beta
Drug development company Egetis Therapeutics announces that the largest retrospective study to date of tiratricol in thyroid hormone resistance, RTH-beta, has been published, according to
Affärsvärlden gives a neutral recommendation on Wallenstam
Affärsvärlden gives a neutral recommendation on property company Wallenstam in an analysis on Friday. With interest rates fixed for long periods at low levels, Wallenstam
Base metals – total copper inventories at LME/SHFE increased 2.6 percent during the week
Total copper inventories at the London Metal Exchange and Shanghai Futures Exchange rose by 2.6 percent during the week. This is shown by the latest
Broad gains among base metals
Base metals moved higher on Friday. At around 15.11, the three-month copper futures contract was up 0.8 percent at 14,455 dollars per tonne while zinc
Affärsvärlden positive on Plejd after strong report
Affärsvärlden is positive on home automation company Plejd, according to a comment on Friday. Plejd earlier today released a strong report for the third quarter
Havila Shipping signs three-year vessel contracts in the North Sea
The shipping company Havila Shipping has signed three-year contracts with Neo Next+ Energy E&P UK for the supply vessels Havila Fanø and Havila Herøy. This
JM expected to report SEK 91 million in operating profit – Modular
The residential developer JM will release its report for the third quarter on Wednesday. Expected operating profit, according to consensus from Modular Finance based on
Lockheed Martin delivers Super Hercules aircraft to the US Navy
US defense company Lockheed Martin delivered a C-130J-30 Super Hercules to the US Navy at its facility in Marietta, Georgia, on October 15. The aircraft
Geely enters global partnership with Google on digital services in cars
Chinese automotive group Geely Holding has entered into a strategic partnership with Google to integrate the company’s digital services into cars in international markets. The
Canadian housing starts came to 0.2489 million in September
The number of housing starts in Canada came to 0.2489 million on an annualized basis in September. According to LSEG, the market expected a level
Canadian housing starts came in at +0.2489 million annualized in September, expected +0.2325
Canadian housing starts came in at +0.2489 million annualized in September, expected +0.2325
Exxon Mobil expects lower upstream results but stronger refining in Q3
US energy giant Exxon Mobil expects lower oil prices to weigh on upstream results in the third quarter, while improved refining margins are expected to
Sources: Steelmaker Celsa considering IPO or sale – BN
The Spanish steelmaker Celsa has contacted several investment banks to evaluate a possible IPO or sale of the company, Bloomberg News reports citing sources. The
US import prices rose more than expected month-on-month in September
US import prices rose more than expected month-on-month in September. On a monthly basis, import prices rose 1.1 percent (+0.5 revised from +0.7), compared with
US import prices up 1.1 percent month-on-month in September, expected up 0.8 percent
US import prices up 1.1 percent month-on-month in September, expected up 0.8 percent
DNB Carnegie internally brokers approximately 1.3 percent of the capital in Prevas
At 13.22, DNB Carnegie internally brokered a block of 166,165 shares in IT consultancy Prevas at a price of SEK 55.50. The block corresponds to
Getinge expected to report adjusted EBITA of SEK 1,185 million – Modular
The medical technology company Getinge will release its third-quarter report on Wednesday. Expected adjusted EBITA, according to consensus from Modular Finance based on estimates from
Mandatum completes acquisition of Swedish Cliens
Finnish asset manager Mandatum has completed the acquisition of 78.4 percent of the shares in Cliens Holding, the parent company of Swedish asset manager Cliens