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Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead Oct 25 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 29-Oct-2024 06:00 ORK.OL Orkla ASA Q3 2024 Orkla ASA Earnings Release 30-Oct-2024 NTS TEL.OL Telenor ASA Q3 2024 Telenor ASA Earnings Release 30-Oct-2024 NTS WAWI.OL Wallenius Wilhelmsen ASA Q3 2024 Wallenius Wilhelmsen ASA Earnings Release 30-Oct-2024 05:00 AKRBP.OL Aker B
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Finland warns of hostile activities by Russia

Finland warns of hostile activities by Russia Finland experiencing acts of sabotage and disruption Interior minister blames Russia for influence operations Acts are creating 'uncertainty and vagueness', Lulu Ranne says Russia has repeatedly denied such claims By Anne Kauranen HELSINKI, Oct 23 (Reuters) - Finland is experiencing suspicious acts of sabotage and disruption and believes Russia is engaged in broad-ranging influence operations against it and other European countries, Finland's Ministe
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Fortum sues former Russian business over unpaid loans

UPDATE 2-Fortum sues former Russian business over unpaid loans Adds Forward Energo declining to comment in paragraph 5 COPENHAGEN, Oct 22 (Reuters) - Finnish utility Fortum FORTUM.HE said on Tuesday it had filed legal proceedings in a Dutch civil court against Forward Energo, its former Russian business, over unpaid intercompany loans totalling around 600 million euros ($649 million).
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Fortum Starts Legal Proceedings Against Forward Energo

BRIEF-Fortum Starts Legal Proceedings Against Forward Energo Oct 22 (Reuters) - Fortum Oyj FORTUM.HE : HAS INITIATED LEGAL PROCEEDINGS AGAINST FORWARD ENERGO TO RECOVER APPROXIMATELY EUR 800 MILLION IN INTERCOMPANY LOANS PROCESS IS EXPECTED TO TAKE SOME YEARS SAYS PAO FORWARD ENERGO IS IN PAYMENT DEFAULT OF ALL INTERCOMPANY LOANS CLAIM, INCLUDING I
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Basler AG, Greatland Gold, Sandvik AB

EUROPE RESEARCH ROUNDUP-Basler AG, Greatland Gold, Sandvik AB Oct 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Basler AG, Greatland Gold and Sandvik AB, on Tuesday. HIGHLIGHTS * Autoneum Holding AG AUTON.S : UBS raises PT to CHF 170 from CHF 160 * Azelis NV AZE.BR : HSBC raises to buy from hold * Basler AG BSLG.DE : Jefferies cuts to hold from buy * Greatland Gold Plc GGPL.L : Berenberg cuts to hold from buy * Sandvik AB SAND
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Power Up-Rio's Lithium Power Play

Power Up-Rio's Lithium Power Play Power Up is published on Mondays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here . by Andy Home, Senior Metals Columnist. In today’s issue we look at Rio Tinto’s swoop on Arcadium Lithium. The deal will create the world’s third largest producer of a metal at the core of the energy transition.
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Fortum, Vestas settle dispute over Russian wind energy projects

UPDATE 1-Fortum, Vestas settle dispute over Russian wind energy projects Adds detail on settlement, background COPENHAGEN, Oct 10 (Reuters) - Finland's Fortum FORTUM.HE said on Thursday it had settled a dispute with Denmark's Vestas VWS.CO over advance payments it made for equipment for Russian wind park projects that were terminated due to sanctions.
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Fortum, Vestas settle dispute over Russian wind energy projects

Fortum, Vestas settle dispute over Russian wind energy projects COPENHAGEN, Oct 10 (Reuters) - Finland's Fortum FORTUM.HE said on Thursday it had reached a settlement with Denmark's Vestas VWS.CO over deliveries of equipment for wind parks in Russia for which it had made advance payments to Vestas, which were terminated due to sanctions. Reporting
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Fortum, Vestas Reach Settlement Related To Russian Wind Energy Projects

BRIEF-Fortum, Vestas Reach Settlement Related To Russian Wind Energy Projects Oct 10 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM AND VESTAS REACH SETTLEMENT RELATED TO RUSSIAN WIND ENERGY PROJECTS SETTLEMENT ENTAILS THAT BOTH COMPANIES WAIVE PAST, PRESENT AND FUTURE CLAIMS RELATED TO DISPUTE AT HAND PREVIOUSLY COMMENCED INTERNATIONAL CHAMBER OF COMME
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Finnish utility Fortum reports pick up in cyberattacks and surveillance

EXCLUSIVE-Finnish utility Fortum reports pick up in cyberattacks and surveillance CEO says Fortum faces cyberattacks on daily basis Has also spotted drones, suspicious people near sites Security services allege rise in malicious activity by Russia Adds Finnish and Swedish security service comments, request to Russian authorities, context By Anne Kauranen and Essi Lehto HELSINKI, Oct 10 (Reuters) - Nordic utility Fortum FORTUM.HE faces cyberattacks on a daily basis in Finland and Sweden and has s
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Finnish utility Fortum's power assets targeted with surveillance, cyber attacks

EXCLUSIVE-Finnish utility Fortum's power assets targeted with surveillance, cyber attacks By Anne Kauranen and Essi Lehto HELSINKI, Oct 10 (Reuters) - Finland's largest power utility Fortum FORTUM.HE has experienced satellite disturbances, spotted drones and suspicious individuals around its energy assets and been targeted with daily denial-of-service attacks, its chief executive told Reuters.
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Fortum, Norsk E-Fuel To Collaborate In Rauma, Finland

BRIEF-Fortum, Norsk E-Fuel To Collaborate In Rauma, Finland Oct 8 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM AND NORSK E-FUEL TO COLLABORATE IN RAUMA, FINLAND AGREED TO RESERVE A 14-HECTARE AREA FOR A SUSTAINABLE SYNTHETIC AVIATION FUEL (ESAF) PLANT AT THE PORT OF RAUMA PROJECT IS IN ITS EARLY STAGES, AND NORSK E-FUEL HAS NOT YET MADE AN INVESTMENT
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Russia proposes squeezing more budget funds from state asset seizures

Russia proposes squeezing more budget funds from state asset seizures Oct 4 (Reuters) - Russia's government has proposed ordering state companies that acquire assets and property through court decisions to pay 50% of the assets' market value to the federal budget, a note published by the lower house of parliament showed. More than 1 trillion roubles' ($10.54 billion) worth of strategic enterprises and assets, seen as critical for developing Russia's economy and defence capabilities, were transfe
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Top of the Street: UK real estate, European utilities, Covestro, SEB

BUZZ-Top of the Street: UK real estate, European utilities, Covestro, SEB A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank raises three UK real estate companies to "buy" from "hold" citing cautious optimism as Britain moves into a rate cutting cycle ** It upgrades LondonMetric Property LMPL.L as its "roll up & recycle" model continues to plough on, and ups British Land BLND.L and Landsec LAND.L on improving office and retail fundamentals **
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DB resumes coverage of European utilities with neutral sector view

BUZZ-DB resumes coverage of European utilities with neutral sector view ** Deutsche Bank says a recovery in European utility stocks has narrowed their 15% underperformance vs wider market to just 2%, leaving the broker neutral on the sector ** "The rally and modest earnings upgrades means that the sector is again closer to its long-run norm: P/E pa
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Ina Invest and Siemens; updates CMA CGM Sept 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Monday: * * Swiss real estate company Ina Invest INAI.S is considering a merger with its peer Cham Group and if talks succeed, shareholders of both firms will be able to vote on the plan in the spring of 2025, they said.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: MINISO, UniCredit Updates: Rightmove Sept 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** MINISO 9896.HK will take up a 29.4% stake in Chinese supermarket operator Yonghui Superstores 601933.SS for 6.3 billion yuan ($893.05 million), it said, on track to becoming the largest single shareholder in the embattled firm.
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Fortum to sell its stakes in biobased solutions businesses in India

UPDATE 1-Fortum to sell its stakes in biobased solutions businesses in India Adds detail in paragraph 3 STOCKHOLM, Sept 23 (Reuters) - Fortum FORTUM.HE said on Monday it had agreed to sell its 37.4% stake in Finnish biorefining technology firm Chempolis, including Fortum's biobased solutions businesses, and its stake in the firm that owns 40.3% of Assam Bio Ethanol in India.
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Fortum to sell its stakes in biobased solutions businesses in India

Fortum to sell its stakes in biobased solutions businesses in India STOCKHOLM, Sept 23 (Reuters) - Finland's Fortum FORTUM.HE said on Monday it had agreed to sell its 37.4% stake in Chempolis, including Fortum's all biobased solutions businesses, and its shares in the holding company owning 40.3% in Assam Bio Ethanol in India. It said in a statement the buyer is India's AM Green Technology & Solutions.
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