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Dynamic quotes 

Global markets live: BMW, IBM, Credit Suisse…

04/20/2021 | 10:09am EDT

First-quarter earnings releases are accelerating, with Johnson & Johnson, Procter & Gamble, Netflix, Abbott Laboratories, Philip Morris, Kering, Investor AB, Danone, Sandvik, Sika and ASM International...



  • Avast: Q1 revenue grew 10.5%. Annual growth is expected to be in the upper end of the initial 6-8% range.
  • BMW: the group announced that its Q1 net profit almost quadrupled to €3.76bn. Momentum was strong in China and in the used car market.
  • International Business Machines: Q1 performance appealed to the market, which pushed the stock up 3% after the announcement of the figures.
  • Sika: the Swiss group raised its 2021 forecast after a good start to the year.
  • Zur Rose: sales rose 15.3% to CHF 420.9m in Q1. Targets confirmed.
  • Facebook is strengthening its audio offering with podcasts and chat rooms.
  • Credit Suisse announced the departure of the two heads of its prime brokerage business, an activity that was blamed for the Archegos Capital debacle.
  • A consortium led by DWS is said to be on the verge of buying French railway operator SNCF's leasing division, Emerwa, for €3 billion, Bloomberg has learned.
  • Vale's Q1 iron ore production came in below expectations.
  • Wirecard scandal begins to make its way into the political-financial sphere in Germany.
  • Johnson & Johnson reported better-than-expected quarterly results showing that sales of its COVID-19 vaccine, whose use is suspended in the U.S., earned it $100 million in the first three months of the year.
  • Procter & Gamble reported better-than-expected quarterly sales on Tuesday and confirmed its annual guidance.
  • Travelers reported first-quarter profit that beat market expectations as higher returns helped cushion the impact of the cold snap that hit several U.S. states in February.
  • Lockheed Martin raised its full-year revenue and profit guidance after its ship and helicopter manufacturing unit delivered a better-than-expected first-quarter profit.
  • Abbott’s profit more than tripled in the first quarter, supported in particular by strong demand for COVID-19 test kits, but its sales were below the Refinitiv consensus. The stock is down 2% in pre-market trading.
  • Apple will hold its first event of the year on Tuesday and may announce new products.
  • Chief Executive Elon Musk said a Tesla's autopilot was not activated when it apparently crashed into a tree in Texas on Saturday, killing both occupants. Two U.S. agencies have opened an investigation into the crash.
  • United Airlines reported a larger-than-expected quarterly net loss of $2.4 billion on Monday as fuel prices rose and the airline's flight volumes fell amid weak demand from the pandemic. In after-hours trading, it was down 1.8%.
  • Altria and Philip Morris lost more than 2% in pre-market trading after the Wall Street Journal reported that the U.S. is considering imposing a nicotine reduction on cigarette manufacturers.
  • Xerox is down 1.3% in premarket trading after reporting a weaker-than-expected first-quarter profit, as the company said its business is still being impacted by the Covid-19 pandemic.

© MarketScreener.com 2021
Stocks mentioned in the article
ChangeLast1st jan.
ABBOTT LABORATORIES -0.19% 111.2059 Delayed Quote.1.78%
ALTRIA GROUP, INC. 0.00% 47.29 Delayed Quote.15.34%
APPLE INC. 0.84% 133.4401 Delayed Quote.-1.68%
ASM INTERNATIONAL N.V. 1.12% 263 Real-time Quote.44.54%
AVAST PLC -0.61% 492.6 Delayed Quote.-8.30%
BMW AG -0.17% 92.97 Delayed Quote.28.94%
CREDIT SUISSE GROUP AG -0.32% 9.374 Delayed Quote.-17.51%
DANONE -0.45% 57 Real-time Quote.6.51%
DWS GROUP GMBH & CO. KGAA -0.26% 38.24 Delayed Quote.10.17%
FACEBOOK INC 1.63% 337.54 Delayed Quote.21.65%
JOHNSON & JOHNSON -0.34% 163.31 Delayed Quote.4.10%
KERING 0.36% 761.9 Real-time Quote.27.73%
LOCKHEED MARTIN CORPORATION -0.05% 382.325 Delayed Quote.6.82%
NETFLIX, INC. 2.39% 508.905 Delayed Quote.-8.09%
PHILIP MORRIS INTERNATIONAL, INC. -0.11% 100.055 Delayed Quote.20.98%
PROCTER & GAMBLE COMPANY 0.09% 133.2 Delayed Quote.-4.36%
SANDVIK AB -0.28% 217 Delayed Quote.8.10%
SIKA AG 1.21% 300 Delayed Quote.22.58%
TESLA, INC. 0.70% 625.4 Delayed Quote.-12.02%
UNITED AIRLINES HOLDINGS, INC. -1.10% 55.09 Delayed Quote.28.76%
VALE S.A. 3.01% 109.09 End-of-day quote.24.75%
WIRECARD AG -4.56% 0.3831 Delayed Quote.28.61%
XEROX HOLDINGS CORPORATION -1.63% 23.365 Delayed Quote.2.41%
ZUR ROSE GROUP AG -5.22% 372.5 Delayed Quote.38.87%