The Walt Disney Company, L'Oréal, PepsiCo, AstraZeneca, Schneider, Duke Energy, Pernod Ricard, Relx, Crédit Agricole, KBC Group, Cloudflare and Unicredit are among companies reporting their results today.
- AstraZeneca: earnings per share are slightly lower than expected.
- Clariant: the chemist published better results than expected in 2020. A dividend of CHF 0.70 will be proposed.
- Commerzbank: Operating loss is slightly higher than expected, while sales are in line with expectations. The CET1 ratio stands at 13.2%.
- Metro: Fiscal Q1 ended with sharply declining revenues, but results are positive. The Group has reiterated its 2021 objectives.
- Uber: the stock lost 4.8% after the publication of disappointing Q4 results.
- Umicore: 2020 results exceeded expectations and the 2021 outlook points to improved earnings growth.
- Unicredit: Italian bank reports a €2.78 billion loss in 2020, higher than expected. This is explained by a €5bn provision for doubtful and disputed receivables as a consequence of the coronavirus.
- Microsoft has reportedly approached Pinterest, currently valued at $51 billion, for a buyout.
- Twitter is studying the possibility of paying its employees in Bitcoins.
- Royal Dutch Shell wants to accelerate its transformation towards a zero-emission target in 2050.
- French president Emmanuel Macron and U.S. President Joe Biden have discussed how to resolve the Airbus / Boeing dispute.
- According to Bloomberg, an executive of Tencent is detained in China in a corruption case.
- Facebook is working on an application to compete with Clubhouse, according to the New York Times.
- Brookfield Infrastructure wants to buy Inter Pipeline for CAD 13.5 billion.
- Sensirion acquires Dutch gas analysis specialist Qmicro.
- Arc Resources and Seven Generations Energy merge through a share exchange.
- Ares withdraws its offer to acquire AMP Limited.