Stockholm_stock_exchange
The following articles have been tagged with "Stockholm_stock_exchange":
Revamp dampens Ericsson profits
Business & Money: 24 Apr 13
Swedish telecom company Ericsson announced its first quarter profit had been weighed down by restructuring costs in the past year.
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Nordea's profits 'higher than expected'
Business & Money: 24 Apr 13
Nordea, the Nordic banking giant partially owned by the Swedish state, posted a two-percent increase on quarterly profit on Wednesday, with net profits of over 9 billion kronor ($1.36 billion) exceeding analysts' expectations.
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Skanska posts heavy drop in annual net profit
Business & Money: 7 Feb 13
Swedish construction firm Skanska reported on Thursday a drop in annual net profit by 59 percent, despite a strong fourth quarter.
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Stora Enso axes 300 jobs across Sweden
Business & Money: 5 Feb 13
Forest company Stora Enso has announced job cuts across its production in Sweden, stating that "the painful decision was necessary" due to slaking newspaper demand.
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'Bank customers need to toughen up': minister
Politics: 31 Jan 13
Following better-than-expected results from several Swedish banks, leading politicians had mixed reactions about the enormous pay-outs awaiting shareholders.
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Massive expansion dampens H&M profits
Business & Money: 30 Jan 13
Swedish clothing giant H&M reported on Wednesday that its net profits increased by 6.6 percent last year, yet the company's high expansion costs meant it struggled to meet analysts' expectations on the stock exchange.
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TeliaSonera rebuffs minister's 'time-out' call
Business & Money: 9 Jan 13
TeliaSonera will not order senior managers accused of corruption stemming from the Nordic telecom giant's dealings in Uzbekistan to take time off, despite calls by a Swedish minister who called recent revelations "very serious".
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SAS chairman: 'now it's business as usual'
National: 19 Nov 12
With Scandinavian airlines SAS and unions working furiously to avoid potential bankruptcy, The Local brings you the latest news, reactions, and details surrounding the troubled airline.
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Seven of eight unions sign new deals with SAS
Society: 19 Nov 12
Scandinavian Airlines representatives met with union officials throughout Sunday night, with all but one of the trade unions signing new collective agreements in an effort to stave off the company's bankruptcy.
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SAS unveils massive cost-cutting bid
Business & Money: 12 Nov 12
Scandinavian airline SAS announced plans on Monday to slash 3 billion kronor ($445 million) in costs, with at least 800 jobs to be cut in what the company's CEO has labelled "the final call" for the troubled airline.
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SAS owners look to EU for loan approval
Business & Money: 9 Nov 12
Sweden, as well as Denmark and Norway, have asked for EU approval to guarantee new loans for Scandinavian airline SAS, a week after rumours swirled about the company's strained finances.
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Skanska blames profit drop on eurozone
Business & Money: 8 Nov 12
Swedish construction and engineering giant Skanska announced a drop in third-quarter profits of 23 percent, citing the uncertainty of the European economy.
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SAS shares halted after media speculation
Business & Money: 30 Oct 12
Shares in Scandinavian airline SAS were suspended on Tuesday morning following media reports about the company’s strained finances, according to the Stockholm stock exchange.
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H&M sees profits boom on strong spring sales
Business & Money: 20 Jun 12
Swedish fashion retailer H&M saw its shares jump on Wednesday after reporting a higher-than-expected 22 percent rise in profits for the second quarter.
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Skanska profits double but fail to beat forecasts
Business & Money: 10 May 12
Swedish construction and engineering giant Skanska reported a doubling of first quarter net profits on Thursday, despite poor performance in the company's residential sector.
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Downshift in profits for truckmaker Scania
Business & Money: 24 Apr 12
Swedish heavy-truck maker Scania, owned by Volkswagen, announced on Tuesday that its first-quarter profit had fallen by 28 percent owing to weaker demand and high development costs.
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H&M profit hopes tied down by pricey cotton
Business & Money: 29 Mar 12
Swedish fashion retailer H&M recorded higher net profits in the most recent quarter according to figures published on Thursday, yet failed to live up to analysts' expectations.
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Kinnevik in bid to buy up publisher Metro
Business & Money: 6 Feb 12
Swedish investment firm Kinnevik has made an offer to buy up Metro International, a global publisher of free newspapers.
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TeliaSonera reports profit drop for 2011
Business & Money: 3 Feb 12
Nordic telecoms giant TeliaSonera reported a 14-percent drop in net profit for 2011 on Thursday but said that their analysts still forecast a modest rise in sales for 2012.
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Electrolux profits plunge amid weak demand
Business & Money: 2 Feb 12
Swedish appliancemaker Electrolux reported a nearly 50 percent drop in net profits for 2011 as material costs and lower demand took their toll on earnings.
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H&M bottom line feels the pinch
Business & Money: 26 Jan 12
Swedish fashion retailer H&M on Thursday reported a 15 percent drop in net profits for 2011, but remained optimistic for 2012 despite the downbeat economic climate.
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HQ scandal splits Swedish business duo
Business & Money: 16 Nov 11
Sven Hagströmer and long-term business partner Mats Qviberg have announced that their holding firm Öresund is to be divided in the wake of a scandal involving the now defunct HQ bank.
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Sweden's SCA offers Tea Party-backers billions for tissue firm
Business & Money: 10 Nov 11
Swedish paper firm SCA said Thursday that it had placed a 12.6 billion kronor bid to purchase the European tissue wing of US pulp and paper company Georgia-Pacific, a firm owned by Tea Party movement financiers David and Charles Koch.
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SAS shares slump despite rise in profits
Business & Money: 8 Nov 11
Scandinavian airline SAS reported modest profits for the third quarter on Tuesday following steep losses in 2010, but warned that the outlook for the airline remained uncertain.
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Sandvik to slash Swedish workforce in cost-savings drive
Business & Money: 1 Nov 11
Swedish industrial equipment maker Sandvik announced on Tuesday it plans to cut 365 jobs despite posting better-than-expected earnings for the third quarter.
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Ericsson and Sony go separate ways
Business & Money: 27 Oct 11
Swedish telecom equipment giant Ericsson confirmed on Thursday that it would sell its stake in mobile phone joint venture Sony Ericsson to Sony for €1.05 billion ($1.47 billion).
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Volvo Trucks slashes 450 jobs
Business & Money: 25 Oct 11
Swedish truck maker Volvo announced on Tuesday that it was cutting 450 jobs, after reporting that third quarter profit came in under expectations amid a shrinking European market.
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Nordea earnings hit by euro debt crisis
Business & Money: 19 Oct 11
Nordic bank Nordea revealed a €300 million ($414 million) drop in third quarter profits on Wednesday amid turbulence related to the eurozone debt crisis.
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Scania cuts output amid slowing global growth
Business & Money: 10 Oct 11
Swedish truckmaker Scania on Monday announced a cut in production by up to 15 percent starting next month due to lower demand caused by a global economic slowdown.
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H&M deliver upbeat report
Business & Money: 29 Sep 11
Swedish clothing giant Hennes & Mauritz reported a profit before tax of 4.85 billion kronor ($717 million) for the period June-August, exceeding analyst forecasts and helping to boost the stock market on Thursday.
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Stockholm stock market up on Greek tax vote
Business & Money: 28 Sep 11
At the close of trading on Tuesday, the Stockholm stock exchange OMXS index had risen by 5.7 percent on the back of positive news from Greece.
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Volvo Trucks to refine performance indicators
Business & Money: 22 Sep 11
Sweden's Volvo Group, the world's second-largest truck maker, announced on Thursday plans to begin using new financial targets measuring not only growth but also how it fares against key competitors.
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Nordea cuts 2,000 jobs
Business & Money: 29 Aug 11
Nordea, the biggest bank in the Nordic region with around 34,000 employees, said Monday it planned to cut some 2,000 jobs across the region by the end of 2012 to counter the effects of rising costs.
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Stockholm stock exchange plummets
Business & Money: 18 Aug 11
The Stockholm stock exchange was down 6.2 percent on Thursday afternoon when trading closed, making the drop the steepest since November 2008. A broad fall among other European stock markets means fears of a recession are mounting.
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SAS shares jump as airline returns to profit
Business & Money: 17 Aug 11
Scandinavian airline SAS announced its best quarterly results since 2008 on Wednesday, with the airline's return to profit sending its share price soaring.
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Stockholm stocks down on France concerns
Business & Money: 11 Aug 11
The Stockholm stock exchange plunged on Wednesday as global markets tumbled on fears of Greek debt and the risk of a downgrading of France's credit rating.
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Riksbank interest rate hikes 'in doubt': experts
Business & Money: 9 Aug 11
Swedish experts have expressed scepticism that the Riksbank will raise base interest rates when it meets to discuss monetary policy on September 6th, after a renewed day of stock market turbulence in Stockholm.
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Stockholm stock market in shaky opening
Business & Money: 8 Aug 11
As expected the Stockholm stock exchange opened sharply down on Monday although after an hour's trading had rebounded into positive territory as the market battled to digest the weekend's global finance developments.
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Stockholm stock market recovers lost ground
Business & Money: 5 Aug 11
The Stockholm stock exchange dropped by 4 percent at the opening of trading on Friday morning, but had recouped the losses by the afternoon amid mounting fears about the the global economy.
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Swedish bearings firm SKF reports profits jump
Business & Money: 15 Jul 11
Swedish ball-bearings giant SKF on Friday report a hike in second-quarter profits, aided by an improving automotive market.
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Sony Ericsson reports profits slump
Business & Money: 19 Apr 11
Swedish-Japanese mobile phone manufacturer Sony Ericsson on Tuesday reported a steep decline in net profits, explained by the impact on sales of the earthquake and tsunami in Japan.
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TeliaSonera lowers forecast as profits dip
Business & Money: 19 Apr 11
Swedish-Finnish telecom provider TeliaSonera on Tuesday announced a small dip in quarterly net profits as slower growth and currency movements also dented the company's 2011 sales expectations.
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Ericsson slashes 450 Swedish jobs
Business & Money: 23 Mar 11
Swedish mobile telecom network giant Ericsson announced on Wednesday that 450 positions are to be cut in its sales and administration operations in Sweden.
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Skanska sales up, profits remain elusive
Business & Money: 10 Feb 11
Swedish construction and civil engineering giant Skanska on Thursday posted an increase in sales in the fourth quarter 2011, the first rise since the outbreak of the financial crisis, but full-year profits remained firmly in the red.
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TeliaSonera cuts jobs despite profits boost
Business & Money: 3 Feb 11
Nordic telecoms giant TeliaSonera announced layoffs within its fixed broadband operations, despite posting a 13 percent rise in net profits for 2010.
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Scania MAN merger on hold
Business & Money: 2 Feb 11
Swedish truckmaker Scania reported booming profits in its 2010 report published on Wednesday, advising that the proposed merger with Germany's MAN is on hold.
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Nordea tops estimates with soaring profit
Business & Money: 2 Feb 11
Nordic bank Nordea recorded a 15 percent hike in net profit for 2010 and a 72 percent jump in the fourth quarter, boosted by Sweden's strong economic recovery.
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Electrolux earnings fall below expectations
Business & Money: 2 Feb 11
Fourth quarter results for Swedish white goods manufacturer Electrolux failed to meet expectations, as the rising cost of raw materials put additional cost pressure on the company.
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H&M stock dips on profits fall
Business & Money: 27 Jan 11
Swedish retailer Hennes & Mauritz on Thursday reported a fall in fourth quarter profits on the back of rising cotton prices and the weak euro, prompting a steep drop in the firm's stock in Stockholm trading.
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Ericsson sales improve on mobile broadband
Business & Money: 25 Jan 11
Swedish mobile network giant Ericsson announced increased sales and a sharply higher net profit thanks to mobile broadband sales, although its earnings slightly missed expectations.
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Sony Ericsson posts profit as sales fall
Business & Money: 20 Jan 11
Android-based smartphone sales helped move Swedish-Japanese mobile phone maker Sony Ericsson back into profit in 2010, despite lower than expected fourth quarter earnings and sales.
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Ericsson wins Norway network deal with Huawei
Business & Money: 11 Jan 11
Sweden's Ericsson and Chinese telecom giant Huawei have been commissioned by Sweden's TeliaSonera to modernise and expand Norway's entire mobile network, the companies announced on Tuesday.
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SAS shares jump on bidding war rumours
Business & Money: 3 Jan 11
Scandinavia airline SAS saw its share price soar on reports that Air France-KLM, Lufthansa and British Airways are prepared to enter a bidding war for the embattled airline.
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Skanska nets windfall from Chile highway sale
Business & Money: 29 Dec 10
Shares in Swedish construction giant Skanska jumped on Wednesday after the company announced it would earn a hefty profit from the sale of its share of a Chilean highway joint venture.
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Sweden's SSAB issues profits warning
Business & Money: 23 Dec 10
Swedish steelmaker issued a profits warning on Thursday, expecting weak demand and lower production to push operating profits to near zero.
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Swedish households wealthier than ever
Business & Money: 20 Dec 10
The net worth of Swedish households grew by 244 billion kronor ($35.58 billion) to 7.26 trillion kronor in the third quarter, the measure's highest nominal level ever, according to a new SEB study.
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Ericsson chairman announces resignation
Business & Money: 6 Dec 10
Ericsson chairman Michael Treschow informed the Swedish telecommunications firm on Monday that he will resign from his post next year or in 2012, according to a company statement.
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Swedes' borrowing increases at record pace
Business & Money: 15 Nov 10
Swedish households increased their bank loans by 53 billion kronor ($7.72 billion) in the third quarter, the highest increase ever recorded for July to September, Statistics Sweden (SCB) reported on Monday.
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SAS posts deep losses after cartel fine
Business & Money: 10 Nov 10
Beleaguered Scandinavian airline SAS posted deep losses for the third quarter, with results weighed down by legal fees and a €70 million fine ($96.38 million) for being part of a global cargo cartel.
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Swedes show little faith in pensions agency
National: 1 Nov 10
After 10 years of retirement savings under the Premium Pension Authority, only one percent of Swedes are very satisfied with their savings, a survey has found, while investment returns this year have lagged.
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Smartphone sales boost profits for TeliaSonera
Business & Money: 25 Oct 10
Nordic telecoms giant TeliaSonera said on Monday that sales of smartphones, coupled with growth in eastern Europe and Asia, boosted third-quarter profits and its outlook for fiscal-year results.
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Ericsson shares jump on profits boost
Business & Money: 22 Oct 10
Swedish telecom firm Ericsson on Friday reported a net profit of 3.68 billion kronor ($553 million) in the third quarter, with its shares leaping 6 percent as a result in early trading.
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Defence concern Saab lowers annual forecast
Business & Money: 20 Oct 10
Swedish aerospace and defence concern Saab reported higher net income for the third quarter, but warned that operating income will be lower for the year as it embarks on restructuring to cut costs.
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Handelsbanken profits up as loan losses fall
Business & Money: 20 Oct 10
Sweden’s Handelsbanken reported a 12 percent increase in net profits for the third quarter on Wednesday, as reduced losses on lending activities made up for falling net interest income.
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Sweden's SKF snaps up US firm on heels of strong results
Business & Money: 19 Oct 10
Sweden's SKF, the world's biggest maker of industrial bearings, announced strong third quarter results on Tuesday, as well as the purchase of US-based engineered lubrication systems maker Lincoln Industrial.
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Profits return for free paper publisher Metro
Business & Money: 18 Oct 10
Swedish publisher Metro International has returned to profitability, reporting a third quarter net profit of just over €1 million ($1.4 million) on Monday. The company also announced plans to change its tax home to Sweden.
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H&M earnings boost fails to impress
Business & Money: 29 Sep 10
Swedish clothing giant H&M reported disappointing third-quarter earnings on Wednesday, adding it would scale back plans for new stores due to property market challenges in southern Europe and France.
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Live Blog: post-election developments
National: 22 Sep 10
Latest: The Liberal Party - and by extension the Alliance - has missed out one seat it needed to gain in Gothenburg to the Social Democrats - by just four votes.
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Lundin Petroleum up after Norway oil find
Business & Money: 17 Sep 10
Swedish oil firm Lundin Petroleum climbed fast on the Stockholm stock exchange on Friday morning after announcing a "significant" find in the Norwegian North Sea.
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SAS picks Swede to take over as new CEO
Business & Money: 16 Sep 10
Swedish insurance executive Rickard Gustafson, current head of Codan/Trygg-Hansa, has been named the new chief executive of SAS, the Scandinavian airline announced on Thursday.
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Carnegie takes over HQ Bank
Business & Money: 3 Sep 10
Investment bank Carnegie has signed a deal to take over crisis-hit sector colleague HQ Bank, with payment amounting to 268 million kronor ($36.8 million) to settle employee stock options and client obligations.
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HQ appeals revoked banking license
Business & Money: 31 Aug 10
HQ has appealed the decision to suspend the banking license for HQ Bank, which has forced it into liquidation and kept the bank closed on Tuesday.
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Uncertain future after bank liquidation
Business & Money: 30 Aug 10
The administrator of the collapsed HQ Bank has said he wants to find a new owner who can keep the business running.
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SAS narrows loss in Q2, hurt by ash cloud
Business & Money: 18 Aug 10
Beleaguered airline SAS announced it narrowed its losses in the second quarter, but remained deep in the red due to the flight chaos caused by a cloud of volcanic ash from Iceland in April and May.
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Nordea Q2 profit falls, issues mixed outlook
Business & Money: 21 Jul 10
Nordea Bank announced a second-quarter profit decline on Wednesday and issued a mixed economic outlook, pointing out that the Nordic countries doing well, but the eurozone is still fighting a debt crisis.
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TeliaSonera Q2 profits rise as expected
Business & Money: 20 Jul 10
TeliaSonera reported on Tuesday that profit rose in the second quarter near expectations, adding that earnings in the second half of the year would be similar to the first half.
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SKF reports hike in profits after sales boost
Business & Money: 15 Jul 10
Swedish industrial bearings giant SKF has reported an increase in second-quarter profits on the back of higher sales and production on 2009.
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SEB sells German retail banking operation
Business & Money: 12 Jul 10
Swedish bank SEB announced on Monday that it has signed a €555 million euros ($698 million) agreement to sell its German retail banking business to Spanish bank Santander.
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Sweden home to more than 48,000 millionaires
Business & Money: 22 Jun 10
One of 200 Swedes is now a millionaire. In total, 48,300 people in Sweden had assets worth more than $1 million (7.74 million kronor) last year, excluding home and collectible values, according to a survey.
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Volvo shareholder keen on Renault stake
Business & Money: 21 Jun 10
Swedish holding company Industrivärlden, Volvo Group's second largest shareholder, has confirmed its interest in buying some or all of Renault's stake in the Swedish truckmaker.
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HQ rescue plan triggers new share collapse
Business & Money: 8 Jun 10
Financial services group HQ must immediately strengthen its finances and will temporarily sell its fund management company HQ Fonder to its principal owner Öresund for 850 million kronor ($105.07 million).
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Stockholm markets recoil on debt crisis concerns
Business & Money: 11 May 10
The Stockholm stock exchange followed markets across Europe and Asia downwards on Tuesday morning after a day of significant gains on Monday and indicating that the recent turbulence remains.
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Crisis package cools Stockholm market nerves
Business & Money: 10 May 10
The Stockholm stock exchange joined European markets in rebounding strongly on Monday on news of the €750 billion ($1 trillion) package to ease debt pressure on troubled euro area countries.
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Greek crisis sparks Swedish sell-off
Business & Money: 6 May 10
The Greek crisis now spreading across Europe has sparked a sell-off on the Stockholm Stock Exchange. A record number of transactions were recorded by online brokers.
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SSAB swings to profit in Q1
Business & Money: 4 May 10
Steel producer SSAB reported a quarterly profit of 83 million kronor ($11.34 million), beating analyst expectations and a 215 million kronor loss in the same period last year.
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Electrolux posts upbeat forecast
Business & Money: 27 Apr 10
Swedish white goods firm Electrolux on Tuesday exceeded analyst profit forecasts for the first quarter of 2010 and projected a positive year as key markets begin to recover.
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Volvo stock responds to positive report
Business & Money: 23 Apr 10
Swedish truck maker Volvo AB topped the list of winners as the Stockholm stock exchange opened for business on Friday after reporting positive interim figures.
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SAS losses widen in 2010
Business & Money: 31 Mar 10
SAS Scandinavian airlines' losses continued to widen in January and February, the company said Tuesday as it prepares for a new €510 million rights issue to bolster its ailing finances.
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Ericsson takes home massive Chinese orders
Business & Money: 29 Mar 10
Ericsson has signed two massive orders worth a combined $1.8 billion from China Mobile and China Unicom, according to a statement from the Swedish telecom company.
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Volvo optimistic as losses mount
Business & Money: 5 Feb 10
Swedish truck maker Volvo says it sees signs of recovery in the global economy as it reports a net loss of 14.7 billion kronor ($1.96 billion) in 2009.
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Electrolux stock falls on gloomy forecast
Business & Money: 3 Feb 10
Swedish appliances firm Electrolux reported solid 2009 profits on Wednesday. But a weak forecast pushed the company's stock into a nosedive.
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H&M to open more stores on strong 2009 profits
Business & Money: 28 Jan 10
Swedish discount fashion retailer H&M saw its profits soar past expectations for the last quarter in 2009, causing its share price to rally in Thursday morning trading in Stockholm.
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More layoffs at Ericsson as profits plunge
Business & Money: 25 Jan 10
Swedish telecom giant Ericsson on Monday reported a 92 percent drop in net profits for the fourth quarter, adding that it would now cut 6,500 jobs under its restructuring plan.
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Sony Ericsson losses lower than expected
Business & Money: 22 Jan 10
Mobile phone maker Sony Ericsson reported a quarterly loss on Friday that surpassed market expectations but, amid plunging sales for the company, it continues to face fierce competition in the smartphone market.
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Sweden's Supreme Court gets first female chair
National: 14 Jan 10
For the first time ever, Sweden has named a woman to be the top judge of the country’s highest court.
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Takeover bid sees Ticket trading halted
Business & Money: 5 Jan 10
Trading in shares of the Ticket travel company was halted on the Stockholm stock exchange on Tuesday morning after the company’s stock price shot up 22 percent on rumours of a takeover bid by the firm's primary owner.
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Swedish state's holdings outperform Stockholm exchange
Business & Money: 30 Dec 09
The value of the Swedish state's stock portfolio grew by 55 billion kronor ($7.66 billion) in 2009, putting its current value slightly higher than it was before the financial crisis hit.
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Stockholm falls as Dubai shocks global markets
Business & Money: 27 Nov 09
The Stockholm stock exchange fell by 3.1 percent on Thursday in response to an announcement that Dubai World has requested deferment on its $59 billion mountain of debt.
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H&M set to expand as profits climb
Business & Money: 24 Sep 09
Swedish cut-price fashion clothing group H&M bucked the economic gloom on Thursday, reporting a four percent hike in third quarter profits and announcing an expansion of its chain of stores.
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Stock exchange gives Pirate Bay suitor the boot
Science & Technology: 10 Sep 09
Global Gaming Factory, the Swedish tech company which is set to purchase The Pirate Bay file sharing site, has been thrown out of the Aktietorget stock exchange, further jeopardizing the proposed deal.
READ »
Latest news about gambling laws and online gambling sites in Sweden
- 05/17 Swedish Gambling Monopoly Retains Poker Supplier
- 04/26 New Swedish Gambling Legislation Planned
- 04/19 Cherry Buys License Then Buys the Whole Company
- 01/09 No Financial Crisis for Swedish Betting Solutions Supplier
- 01/08 The Young Swedish Poker Pro Does it Again
- 12/23 New Swedish Online Casino Reached an Agreement With QuickFire
- 11/21 Swedish Tax Authority Uses Data Miners to Tax Online Poker Players
News provided by GamingZion: Your global online gambling directory
- 24/05 Fan wants Bayern ticket-Oktoberfest beer swap »
- 24/05 Nationwide cannabis limit rolls nearer »
More news from Germany at thelocal.de
- 25/05 Lagarde completes second day of questioning »
- 25/05 Mobile app to help fight against racism in France »
More news from France at thelocal.fr
More news from Norway at thelocal.no
- 24/05 Tibetan exiles berate Chinese rights record »
- 24/05 Chinese premier lauds trade deal in Bern »
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