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ABGSC Financials Research ... (+4)
  • ABGSC Financials Research
  • Jan Erik Gjerland
  • Magnus Andersson
  • Patrik Brattelius

Buybacks to start in a month's time

Q1: Slower lending growth and tougher margins lower estimates in 2025e and 2026e, while 20% (from 23%) tax raises 2024e. Total yield 10-11% p.a. '24e-'26e as we await lending growth - HOLD.

ABGSC IT Research ... (+2)
  • ABGSC IT Research
  • Oscar Rönnkvist

Spoiled with beats

Decent across the board but slightly lower org. top line makes us lower our '24e organic growth assumptions by 2pp. Limited total revisions on better FX - keep BUY at 21x '25e EV/EBIT.

 PRESS RELEASE

SCWorx Corp. Receives Expected Notice from NASDAQ Stock Market Pertain...

SCWorx Corp. Receives Expected Notice from NASDAQ Stock Market Pertaining to its 10-K of December 31, 2023 NEW YORK, N.Y., April 23, 2024 (GLOBE NEWSWIRE) -- On April 17, 2024, SCWorx Corp. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market, LLC (“Nasdaq”) indicating that, as a result of not having timely filed its Form 10-K for the period ended December 31, 2023 with the Securities and Exchange Commission (“SEC”), the Company has failed to satisfy a standard for continued listing, namely  Nasdaq Listing Rule 5250(c)(1) , which requires timely filing of all req...

 PRESS RELEASE

NHOA : Mise à jour commerciale et opérationnelle T1 2024

PARIS--(BUSINESS WIRE)-- Regulatory News: Le Groupe NHOA (NHOA.PA, anciennement Engie EPS) a le plaisir de publier la Mise à jour commerciale et opérationnelle T1 2024 non auditée contenant les indicateurs de performance au 31 mars 2024.         2023 2024     MISE À JOUR COMMERCIALE ET OPÉRATIONNELLE T1 2024 Notes Données en T1 2023 FY 2023 T1 2024 T1 3 mois Var% vs T1 2023 Var% vs 31 dec 2023     NHOA Group Ventes [1]   €m 37,1 ...

Illinois (State of): Update to credit analysis with revision of outloo...

Our credit view of Illinois primarily reflects the states very high leverage and fixed costs.

Moody's Ratings assigns A2 to Maine Student Loan Revenue Bonds; outloo...

Moody's Ratings (Moody's) has assigned an A2 rating to the Finance Authority of Maine's planned $19.8 million issuance of Student Loan Revenue Bonds, Class A Series 2024A-1 (Supplemental Education Loan Program). Moody's Ratings maintains an A2 rating on the state's approximately $80.5 million of out...

 PRESS RELEASE

Interoil's Annual Statement of Reserves 2023 released

Interoil's Annual Statement of Reserves 2023 released Oslo, 23 April 2024 Interoil Exploration and Production ASA today released the Annual Statement of Reserves for 2023. Please find the document attached. The report is also available on the company website. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act and is prepared in accordance with Oslo Stock Exchange's Listing and disclosure requirements for oil and natural gas companies. + + + Please direct any question to Interoil Exploration and Production A...

 PRESS RELEASE

Nokia Oyj: Omien osakkeiden takaisinosto 23.04.2024

Nokia Oyj: Omien osakkeiden takaisinosto 23.04.2024 Nokia OyjPörssitiedote23.04.2024 klo 22.30 Nokia Oyj: Omien osakkeiden takaisinosto 23.04.2024 Espoo – Nokia Oyj (LEI: 549300A0JPRWG1KI7U06) on 23.04.2024 hankkinut omia osakkeitaan (ISIN FI0009000681) omistukseensa seuraavasti: Markkinapaikka (MIC Code)Osakkeiden lukumääräPainotettu keskihinta osakkeelta, euroa*XHEL385 6153,40CEUX--BATE--AQEU--TQEX--Yhteensä385 6153,40 * Kahden desimaalin tarkkuuteen pyöristettynä Nokia ilmoitti 25. tammikuuta 2024, että yhtiön hallitus on käynnistämässä osakkeidensa takaisinosto-ohjelman palauttaaksee...

 PRESS RELEASE

Nokia Corporation: Repurchase of own shares on 23.04.2024

Nokia Corporation: Repurchase of own shares on 23.04.2024 Nokia CorporationStock Exchange Release23 April 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 23.04.2024 Espoo, Finland – On 23 April 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL385,6153.40CEUX--BATE--AQEU--TQEX--Total385,6153.40 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return u...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Ecobank Transnational Incorporated and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 April 2024 in which Moody's reassessed the appropriateness of the rat...

 PRESS RELEASE

5 Things to Know About First-Ever Starbucks Promises Day

SEATTLE--(BUSINESS WIRE)-- At a global gathering of Starbucks partners in Seattle and around the world, Starbucks global chief executive officer Laxman Narasimhan announced five initiatives at the first-ever Starbucks Promises Day that underscore the company’s promises to its partners, farmers, customers, communities, shareholders and the environment: 100% of sales of Starbucks Odyssey Blend whole bean coffee in North America will support World Central Kitchen First-ever Global Barista Championships coming in 2025 Coffee experience pop-ups will launch in cities around the world Exp...

Broadridge Financial Solutions Inc.: Update to credit analysis

Our credit view of this issuer reflects its investment-grade financial policies and strong liquidity, against its moderate scale relative to other peers in the rating category.

Moody's Ratings affirms the ratings of Southwest Gas Holdings and Sout...

Moody's Ratings (Moody's) affirmed the Baa2 issuer rating of Southwest Gas Holdings, Inc. (Southwest Holdings) and the Baa1 senior unsecured rating of Southwest Gas Corporation (Southwest Gas). The outlooks are stable. RATINGS RATIONALE "The affirmation of Southwest Holdings' ratings follows the...

Moody's Ratings assigns definitive ratings to Notes issued by Tower Br...

Moody's Ratings (Moody's), has assigned definitive ratings to Notes issued by Tower Bridge Funding 2024-2 PLC: ....GBP 267M Class A Mortgage Backed Floating Rate Notes due May 2066, Definitive Rating Assigned Aaa (sf) ....GBP 21M Class B Mortgage Backed Floating Rate Notes due May 2066, Definitiv...

Moody's Ratings upgrades BICSA to Ba3 deposit rating; outlook stable

Moody's Ratings (Moody's) has today upgraded Banco Internacional de Costa Rica, S.A.'s (BICSA) long-term foreign-currency deposit rating to Ba3 from B1, its long-term foreign-currency Counterparty Risk Rating (CRR) to Ba2 from Ba3 and its long-term Counterparty Risk Assessment (CRA) to Ba2(cr) from ...

High Liner Foods Incorporated: Update to credit analysis

Our credit view of this issuer reflects its conservative financial leverage levels, offset by its mature and competitive protein market in North America.

 PRESS RELEASE

Twin Disc Announces Update to Timing of its Fiscal 2024 Third Quarter ...

Twin Disc Announces Update to Timing of its Fiscal 2024 Third Quarter Earnings Webcast and Conference Call MILWAUKEE, April 23, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced an update to the timing of its fiscal 2024 third-quarter earnings webcast and conference call to 11:00 am Eastern on April 30, 2024 from the previously scheduled time of 9:00 am Eastern on April 30, 2024. The Company will still release its fiscal 2024 third-quarter results at approximately 8:00 am Eastern on April 30, 2024. The live audio webcast will be available on Twin Disc’s website a...

Moody's Ratings assigns Aa1 to City of Clive, IA's GO Bonds

Moody's Ratings has assigned an Aa1 to the City of Clive, IA's General Obligation Corporate Purpose Bonds, Series 2024A, with a likely par amount of $5.1 million. Moody's Ratings maintains the city's Aa1 issuer rating and the Aa1 rating on its outstanding general obligation unlimited tax (GOULT) deb...

Moody's Ratings downgrades Du Page County S.D. 45 (Villa Park), IL' ra...

Moody's Ratings ("Moody's") has downgraded Du Page County School District 45 (Villa Park), IL's outstanding issuer, general obligation unlimited tax (GOULT), and general obligation limited tax (GOLT) ratings to Aa3 from Aa2. As of June 30, 2023, the district has about $59 million in outstanding debt...

Clarity Trust: ABCP Program Review

This report explores the credit quality of the program, including both credit strengths and challenges, and addresses the program’s assets and structure.

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