Global markets live: Cisco, EasyJet, Roche, Netflix, Amazon...
Every day, the MarketScreener team selects the most important news about listed companies across the world. Here's a short recap for your convenience:
Corporate results:
- Alpha Services boosts earnings by 37% thanks to strong interest income in Q1.
- Avolta reports Q1 sales of CHF 2.83 bn and higher Ebitda.
- Cisco gains 5% after a strong Q1.
- Deutsche Telekom reports higher first-quarter core earnings in all segments.
- Siemens AG misses its earnings forecast due to difficulties in its industrial activities.
- Swiss Re posts better-than-expected quarterly profit and withdraws from iptiQ business.
- Syensqo beats its first-quarter core earnings forecast thanks to improved margins.
- Walmart was down 1.2% in pre-market trading ahead of the publication of its quarterly results.
- Under Armour gains 1.5% in pre-market trading as its quarterly results are expected before the opening in New York.
In other news:- Norwegian pension fund excludes Adani Ports, L3Harris Technologies and Weichai Power from potential investments due to ethical concerns.
- Siemens AG sells Innomotics to KPS for €3.5 bn.
- AT&T has signed an agreement with Ast Spacemobile to provide a high-speed network from space directly to cell phones, the two companies announced on Wednesday. AST gained 36% in after-hours trading.
- John Wood Group rejects Sidara takeover proposal at GBX 212 per share.
- A consortium including Baywa and Elicio wins the tender for France's first floating offshore wind farm.
- International Distributions Services (IDS), the parent company of troubled UK postal operator Royal Mail, has accepted in principle an improved £3.5 billion offer from Czech billionaire Daniel Kretinsky.
- BT Group's new CEO aims to double free cash flow in five years.
- IBM plans to hire up to 800 more people in Ireland to help build software based on artificial intelligence (AI), state investment agency IDA Ireland said Thursday.
- EasyJet announces that CFO Kenton Jarvis will become CEO in early 2025.
- Roche announces first clinical success for experimental Carmot GLP-1.
- AstraZeneca reports that the Supernova trial has met the COVID-19 prevention endpoint.
- Sulzer acquires stake in Canadian Wealth Minerals.
- Zehnder Group disposes of its Climate Ceiling Solutions division.
- Berkshire Hathaway acquires stake in insurer Chubb.
- Netflix acquires NFL games as part of its expansion into sports.
- Amazon will invest 7.8 billion euros in cloud computing in Germany.
- Microsoft asks hundreds of China-based employees to relocate amid tensions between the US and China, according to the WSJ.
- IBM creates 800 AI-related jobs in Ireland.
- Pfizer offers up to $250m to settle thousands of Zantac lawsuits, according to the FT.
- Uber launches shuttle service to airports, stadiums and concert halls.
- Blackbaud rejects Clearlake takeover offer.
- Civitas Resources - The oil and gas producer announced that the Canada Pension Plan Investment Fund would halve its stake in the group.
- Chinese group XPeng launches in France and Germany.
Today's main earnings reports:Walmart, Applied Materials, Deere, Copart, Baidu, Take-Two Interactive, Siemens AG, Deutsche Telekom, Zurich Insurance, Pernod Ricard, Swiss Re, KBC Groupe, Snam, Sage Group, BT Group, Syensqo, Hindustan Aeronautics, Fubon Financial, Galaxy Entertainment...