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Astrazeneca raises earnings guidance as profit margins improve

AstraZeneca PLC (LSE:AZN) has increased its earnings guidance after a strong quarter during which EPS grew by 70% at constant exchange rates. The Angl...

November 10, 2022, 2:45 am

Altria looks like a smoker struggling to quit

The Marlboro maker has few good options left now that Philip Morris's game-changing $16 billion takeover of sw...

November 8, 2022, 5:12 am

Philip morris declares victory in bid for swedish match

Philip Morris in October raised its offer for swedish Match to 116 kronor a share from 106 kronor, valu...

November 7, 2022, 4:54 am

Philip morris wins 83% stake in swedish match, goes ahead with $16 bln takeover

Marlboro maker Philip Morris International (PMI) said on Monday it was going ahead with its $16 billion plan to buy...

November 7, 2022, 1:36 am

Philip morris may lower swedish match offer threshold - bloomberg news

Philip Morris is considering lowering the acceptance threshold on its bid for swedish Match, Bloomberg ...

September 5, 2022, 11:36 am

Swedish appliance maker electrolux to exit russia and divest business to local management

Swedish appliance maker Electrolux AB sk:elux sk:elux ELUXY, -3.56% said Friday it had decided to exit Russia and divest its business there to local m...

September 2, 2022, 6:13 am

Volvo cars august sales fall 4.6% year-on-year

Sweden's Volvo Cars saw its August sales fall by 4.6% year-on-year to 43,666 vehicles, the swedish car ...

September 2, 2022, 3:19 am

Ericsson to wind down business activities in russia over coming months

STOCKHOLM/MOSCOW (Reuters) -Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the...

August 29, 2022, 4:32 am

Truck maker volvo group plans to build battery plant

Swedish truck maker Volvo Group plans to establish a large-scale production plant for battery cells, gradually building it up towards 2030 to meet a g...

August 3, 2022, 3:10 am

Astrazeneca delivers a triple dose of drug updates

AstraZeneca PLC (LSE:AZN) on Monday revealed why it is considered to have one of the strongest drug pipelines in the life sciences industry with three...

July 25, 2022, 3:13 am

Tobacco group swedish match's profit narrowly beats estimates

Swedish Match, which is being bought by Philip Morris International Inc in a $16 billion deal, on Friday reported second-quarter operating profit just...

July 22, 2022, 2:31 am

Forestry group stora enso's quarterly earnings miss estimates

Finnish-Swedish forestry company Stora Enso on Friday posted weaker-than-expected quarterly earnings but said its 2022 comparable operating profit rem...

July 22, 2022, 1:42 am

Truck maker volvo profit grows more than expected despite supply chain issues

STOCKHOLM (Reuters) -Swedish truck maker AB Volvo posted on Tuesday a bigger rise than expected in second-quarter core earnings, and said it had succe...

July 19, 2022, 1:57 am

Swedbank net profit rises in q2

Swedish banking group Swedbank reported a rise in net earnings for the second quarter on Tuesday as higher costs somewhat offset a boost from rising i...

July 19, 2022, 1:24 am

Handelsbanken's second-quarter operating profit misses forecasts

Swedish bank Handelsbanken reported a second-quarter profit well below forecasts on Friday....

July 15, 2022, 1:13 am

Ericsson shares skid after missing profit expectations

Ericsson ERIC.B, -8.46% ERIC, +2.04% shares fell as much as 12% in Stockholm trade as the swedish telec...

July 14, 2022, 5:08 am

Ericsson misses quarterly earnings estimates. the stock is falling.

The swedish telecommunications-equipment company says it continues to see strong 5G sales momentum in N...

July 14, 2022, 5:04 am

Sas says pilot strike has so far cost $123 million

Airline SAS said on Thursday a pilot strike has cost as much as 1.3 billion swedish crowns ($122.5 mill...

July 14, 2022, 3:08 am

Polestar still sees deliveries of 50,000 cars in 2022 as first-half more than doubles from a year ago

Polestar Automotive Holding UK PLC PSNY, +0.20% backed its full-year guidance for deliveries of 50,000 cars, as the...

July 13, 2022, 7:17 am

Markforged acquires digital metal for $40m as 3d printing space continues to evolve

Metal and carbon fiber company Markforged (best known for its Digital Forge platform) announced today that it acquired Digital Metal to further increa...

July 12, 2022, 6:25 pm


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