krone

Novo Nordisk A/S (ADR) (NYSE: NVO) came out with better-than-expected quarterly results earlier on Thursday. Revenue for the company was up by 24 percent year-over-year to DKK 25.2 billion kroner, while net profit increased from DKK 6.46 billion to DKK 9.88 billion (DKK = Danish krone). Novo...

Major global banks will charge customers to hold deposits in currencies such as Swiss francs and the Danish krone in an effort to extract profits from those looking to escape the controversial euro. The two countries have pared interest rates as a way of keeping their currencies from appreciating...