Fortum Oyj (FOT.BE)
| Previous Close | 13.74 |
| Open | 13.93 |
| Bid | 14.01 x N/A |
| Ask | 14.10 x N/A |
| Day's Range | 13.93 - 13.93 |
| 52 Week Range | 10.55 - 14.77 |
| Volume | |
| Avg. Volume | 14 |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Oct 29, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
ReutersFortum to sell its stakes in biobased solutions businesses in India
Fortum said on Monday it had agreed to sell its 37.4% stake in Finnish biorefining technology firm Chempolis, including Fortum's biobased solutions businesses, and its stake in the firm that owns 40.3% of Assam Bio Ethanol in India. The Finnish energy group said in a statement the buyer is India's AM Green Technology & Solutions. Fortum said the divestment is a part of its strategic review and would not have a material impact on its result.
ReutersFinland's Fortum uses US nuclear fuel to cut Russia dependence
LOVIISA, Finland (Reuters) -Finnish utility Fortum said on Monday it has successfully started using nuclear fuel from U.S.-based Westinghouse Electric as it seeks to replace Russian supply. Fortum's Loviisa power plant in Finland has depended on nuclear fuel from TVEL, a subsidiary of Russian state-owned power company Rosatom, but Fortum began looking to replace the this in 2022 after Moscow's full-scale invasion of Ukraine. "The loading of the new fuel is a significant milestone that guarantees a reliable Western alternative for fuel," Fortum said in a statement, adding that the first Westinghouse fuel had been loaded during the power plant's annual outage in August.
Insider MonkeyFortum Oyj (FOJCY): Morgan Stanley is Bullish on This European AI Stock Now
We recently compiled a list of the 15 Best European AI Stocks According to Morgan Stanley. In this article, we are going to take a look at where Fortum Oyj (OTC:FOJCY) stands against the other European AI stocks approved by Morgan Stanley. There are several ways that investors are approaching the artificial intelligence (AI) boom that […]
