SKFRY News and Press, Aktiebolaget SKF ADR From 10/21/19

Maybe the worst is over for multi-industrials. Multiple end markets are still weakening, but investors seem to increasingly have this factored into their outlooks, as Sandvik ’s ( OTCPK:SDVKY ) low-quality beat in the third quarter seems to have gone over fairly well with investors. ...

GOTHENBURG, Sweden , Oct. 9, 2019 /PRNewswire/ -- SKF will publish its nine-months results for 2019 on 22 October 2019 at approximately 13:00 (CET). Investors, analysts and media are invited to join a conference call, which will be held in English, at 14:00 (CET). To join the confe...

SKF ( OTCPK:SKFRY ) to acquire Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. More news on: AB SKF (publ), Merger & acquisition news, Read more ...

GOTHENBURG, Sweden , Oct. 7, 2019 /PRNewswire/ -- SKF has signed an agreement to acquire Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso's AI capability enables production plants to find and act on anomalies t...

GOTHENBURG, Sweden , Oct. 7, 2019 /PRNewswire/ -- Nancy Gougarty has decided to leave the Board of AB SKF for personal reasons as a result of having been the subject of the U.S. Securities and Exchange Commission proceedings concerning violations of the U.S. Foreign Corrupt Practices Ac...

GOTHENBURG, Sweden , Sept. 23, 2019 /PRNewswire/ -- SKF and Nordic Paper have signed a five-year fee- and performance-based contract. The agreement aims to improve Nordic Paper's productivity, health and safety and sustainability performance. Nordic Paper is a pulp and paper manufactur...

GOTHENBURG, Sweden , Sept. 16, 2019 /PRNewswire/ -- In accordance with a resolution taken at the Annual General Meeting of AB SKF on 28 March 2019, this is to announce the representatives of the four largest shareholders by number of votes, who, together with the Chairman o...

GOTHENBURG, Sweden , Aug. 30, 2019 /PRNewswire/ -- SKF har utsett Thomas Fröst till ny medlem i koncernledningen från och med 1 september 2019 . Thomas har sedan 2017 innehaft positionen President, Industrial Units. I samband med utnämningen kommer hans ansvarsområ...

This article has taken somewhat longer than anticipated, considering the company, with subsidiaries/joint ventures, makes up almost 3% of my portfolio holdings. However, now it's time to introduce investors to Hemfosa Fastigheter ( OTC:HMFFF ), one of Sweden's most interesting real estate co...

There are a lot of reports left for the second quarter reporting cycle, but so far it’s looking like my call for weakening industrial markets (particularly short-cycle markets) is playing out, as several high-quality industrial players are seeing weakness, including SKF ( SKFRY ). Alt...