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23.10.26 - 14:12
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"Those Times Are Gone": Volvo Crashes As China Sales Collapse, BofA Recommends Default Protection (ZeroHedge)
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"Those Times Are Gone": Volvo Crashes As China Sales Collapse, BofA Recommends Default Protection
Volvo Cars shares in Stockholm crashed the most since the company's October 2021 listing. The Swedish automaker announced another 2,500 job cuts and warned that its Chinese sales are under severe pressure.
Third-quarter deliveries in China plunged 40% as domestic brands gained ground with cheaper electric vehicles.
"Nobody will be successful with the old recipe where you had global cars developed in Europe and sold them at a premium price" in China, CEO Hakan Samuelsson told analysts on the earnings call earlier today.
Samuelsson emphasized, "Those times are gone." In other words, Volvo is no longer competitive in overseas markets.
The 2,500 job cuts represent about 6% of Volvo's workforce and will primarily affect Sweden. They form part of a turnaround strategy to save an additional 5 billion kronor, following 3,000 job cuts announced last year.
Bank of America a...
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23.10.26 - 13:01
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Ambea′s Nomination Committee appointed for the Annual General Meeting 2027 (Cision)
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The Nomination Committee ahead of the AGM 2027 consists of:
· Oscar Bergman, Swedbank Robur Fonder AB, Chair of the Nomination Committee
· Fredrik Strömholm, Impilo Care AB
· Niclas Röken, Alcur Fonder AB
· Yrjö Närhinen, Chair of the Board of Ambea AB (publ)
Shareholders who wish to submit proposals to the Nomination Committee can do so on the following email address: valberedning@ambea.se (valberedning@ambea.se)or to the following post address:
Ambea AB
Valberedningen
c/o Johan Regnér
Box 1565
SE-171 29 Solna, Sweden
The Nomination Committee's proposals shall be...
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23.10.26 - 11:18
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Invitation to the presentation of Loomis′ Interim Report on October 30, 2026 (Cision)
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Loomis AB will publish the Interim Report for the third quarter of 2026 on October 30, 2026, at 07.30 a.m. (CET). The report will be presented at a webcast conference at 10:00 a.m. (CET) the same day.
A press and analyst conference call will be held at 10:00 a.m. (CET) where Loomis President and CEO Aritz Larrea, CFO Tobias Hägglöv and Head of Sustainability and IR Jenny Boström will present the report and answer questions.
To follow the webcast, please follow this link (https://fronto.vancastvideo.com/event/xuG1ESiL/12195/?lang=11293).
To follow the conference call via telephone and...
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23.10.26 - 08:01
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Fastighets AB Balder′s (publ) Interim report January-September 2026 (Cision)
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· Profit from property management for the period amounted to SEK 4,695m (5,176). Profit from property management attributable to the parent company's shareholders amounted to SEK 4,345m (4,798), corresponding to a decrease per share by 8% to SEK 3.70 (4.03). Adjusted for Balder's participation in the profit from property management from Norion Bank, the profit from property management per share increased instead by 6% compared with the same period in the previous year.
· Long term net asset value amounted to SEK 97.03 per share (93.03).
· Rental income amounted to SEK 10,671m (10,...
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23.10.26 - 07:06
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Tele2 Nomination Committee Convened (Cision)
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Stockholm – In accordance with Tele2 AB's (“Tele2”) (Nasdaq Stockholm: TEL2 A and TEL2 B) procedures for the Nomination Committee as decided by the 2018 Annual General Meeting, Nicolas Didio, representing Freya Investissement, has convened a Nomination Committee which had its first meeting yesterday. The committee consists of members appointed by the three largest shareholders in terms of voting interest in Tele2 who have wished to appoint a committee member.
The Nomination Committee comprises Nicolas Didio, appointed by Freya Investissement, Frank Larsson, appointed by Handelsbanken...
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22.10.26 - 15:42
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Klarna to Publish Q3 2026 Earnings on November 17, 2026 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Klarna, the everyday finance network, will publish its Q3 2026 earnings on its investor relations website (investors.klarna.com) on Tuesday, November 17, 2026, before market open. Klarna will host an earnings webcast to discuss the financial results at 8:30 a.m. ET on the same day.
Shareholders and other interested participants can register to attend the webcast here. A replay will be available on the investor relations website following the webcast.
For additional information, visit investors.klarna.com.
About Klarna
Klarna is the everyday finance network. With over 120 million global active Klarna users and 3.8 million transactions per day, Klarna's AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay & Google Pay. Over 1.2 million retailers trust Klarna's innovative solutions to drive growth and loyalty, including Uber, H&M, ...
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22.10.26 - 09:31
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Nomination Committee appointed for Storskogen Group AB′s Annual General Meeting 2027 (Cision)
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In accordance with the decision by the extraordinary general meeting on 24 September 2021, the Nomination Committee shall consist of four members. The Nomination Committee for the Annual General Meeting 2027 has been appointed based on the shareholdings as of 31 August 2026 and in accordance with the instructions for the Nomination Committee.
The Nomination Committee is composed of:
Peter Ahlgren (Chairman), appointed by the A-shareholders,
Ronnie Bergström, appointed by the A-shareholders,
Johan Skoglund, appointed by AMF, and
Oscar Bergman, appointed by Swedbank Robur Fonder.
In...
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