Earnings season. Dominion Energy, Air Liquide, Daimler, Hilton, Delivery Hero, Hasbro, Ocado and Randstad are among companies reporting their earnings today.
Update. Deutsche Bank has approached Microsoft, Google and Amazon to modernize its technology networks, sources close to the case told Reuters.
Virus impact. General Motors plans to suspend production at one of its plants in South Korea on February 17 and 18, as the fallout from the coronavirus epidemic in China has led to a shortage of spare parts, the automaker said.
Thank you, Disney. Hasbro jumped by 9 % after announcing a better than expected profit for the fourth quarter, thanks to cost reductions and the success of the "Star Wars" and "Frozen" licenses.
Disappointing results. Under Armour said it expects a decline in its annual sales, due to the coronavirus epidemic in China. The share of the sports equipment manufacturer fell by more than 14 %
The outcome is nearing. The American justice system could authorize the merger between T-Mobile US and Sprint as of today, according to several press reports. This would be a major victory for the two big companies, as attorneys general in many states are seeking to prohibit the merger, amid fears of reduced competition. The deal would reduce the number of major players in the US from 4 to 3.
Trump still at the helm? Amazon.com wants Donald Trump to testify in the dispute over his eviction from the big Pentagon contract. The group believes that its subsidiary AWS was pushed out under pressure from the American President, whose enmity for Jeff Bezos is notorious (the reciprocal is true).
In other news. The Slack share rose by 15.6% yesterday, after Business Insider mentioned a big contract with International Business Machines. William Hill signs a deal with ViacomCBS to find new prospects. Avis Budget appoints former Kraft Heinz boss Bernardo Hees as president. Infosys offers Simplus. Morgan Stanley invests more than 6 million Uber shares. Daimler proposes a dividend at the lower end of the expected range and estimates that its 2020 results will be significantly higher than those of 2019.