7.26.2019

When your house is on fire

Speaking of Scandinavian banks.Yesterday, Kindred share fell sharply on the Swedish stock exchange.

One of the major shareholders in the share is Nordea via two of its funds, with about 5% in each fund.

Today Nordea came out with a purchase recommendation for Kindred.

Although I am for damage control this seems almost desperate.

-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Trump's Greenland Play: National Security... or the Ultimate AI Power Grab?

I believe President Trump’s interest in Greenland is primarily due to the potential for massive future revenues from some of the world’s lar...

  • The world's worst secret
    The people, exclusively mothers, that I have talked to about the sadness of the world's most perfect teenager prioritizing friends over ...
  • I don't get it
    For some reason that I absolutely cannot understand, the Swedish krona continues to strengthen compared to the US dollar. As a Swede, I am o...
  • It's always more fun to trade shares than to pay interest
    We have chosen to have a variable interest rate on our mortgage. This interest rate is renegotiated every three months based on how the Cent...