I wouldn't call myself a swing trader, but in this case, I go in as cheap as I can, and then leave if the company moves up above €24/share, usually. The reason this is an attractive play even during ...
Neocloud Nscale is partnering with Finnish energy firm Fortum on another Nordics-based data center development, this time in ...
We recently compiled a list of the Morgan Stanley’s 15 Best European AI Stocks. In this article, we are going to take a look at where Fortum Oyj (OTC:FOJCY) stands against Morgan Stanley’s other ...
Fortum has today agreed to pay €2.3bn ($2.5bn) to increase its stake in European utility Uniper to 70.5 percent. Finland-headquartered Fortum had previously held a 49.9 per cent share in Uniper since ...
If you are wondering whether Fortum Oyj at €22.29 is offering fair value or sitting at an interesting price, this breakdown will help you line that up with the underlying numbers. The stock has seen ...
HELSINKI (Reuters) -Nordic utility Fortum faces cyberattacks on a daily basis in Finland and Sweden and has sometimes spotted drones and suspicious individuals near its sites, its CEO told Reuters, ...
Finnish utility Fortum has launched a two-year feasibility study to examine the prerequisites for nuclear new build in Finland and Sweden. The study will consider both small modular reactors and ...
Lithium-ion batteries are more complex and difficult to recycle than the lead-acid, which are almost entirely recyclable, but there are new ways to increase the recycling rate. According to Fortum, ...
Fortum is an interesting Nordic utility company that recently experienced two major setbacks. Its Russian investments were seized and its sizeable investments in Uniper were sold at a loss of €5.8B.
Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. Fortum is launching a €8bn takeover offer for Uniper after the Finnish group secured the agreement of the ...
Fortum has agreed to support the development of Finnish technology company Steady Energy's district heating nuclear reactor with its simulation expertise. The goal is to create a comprehensive digital ...
HELSINKI (Reuters) - State-controlled Finnish utility Fortum (HEX:FUM1V) has agreed to sell its local power distribution grid to a consortium of institutional investors led by First State Investments ...