Romain Fournier

Chief Editor
Having worked in the British, French and Swiss financial press, Romain is able to report on local and international issues, as comfortable in French as in the language of Shakespeare, Romain Fournier leads the editorial team at Marketscreener. Fine connoisseur of the English-speaking markets, Romain delivers an editorial every day on US and UK markets.

Global markets live: BP, Pfizer, Expedia, Citigroup, Amazon...

05/03/2022 | 11:52am EDT

Every day, the MarketScreener team selects the most important news about listed companies in the world, delivered in a concise manner.

 

 

 

Corporate results:

  • BP Plc: The group posted strong results due to high oil prices, despite taking a $25.5bn charge on the Rosneft exit deal.
  • Pfizer on Tuesday confirmed its annual sales forecast for its COVID-19 treatment Paxlovid as well as for the vaccine developed with BioNTech, but revised its earnings per share forecast slightly downward to include certain expenses that were not previously recognized.
  • Covestro: The chemical company is lowering its guidance for fiscal 2022 due to the COVID-19 blockage in China.
  • Expedia - The online travel agency reported Monday a smaller-than-expected adjusted loss for the first quarter and said it was optimistic about the recovery of tourist travel this summer.
  • Paramount Global, formerly ViacomCBS, reported weaker-than-market-forecast sales due to a decline in first-quarter TV advertising revenue.
  • Dupont De Nemours - The industrial materials maker reported Tuesday a year-on-year decline in quarterly profit due to higher raw material and logistics costs, which were not offset by 6% price increases, and cut its annual sales and profit forecasts.
  • Deutsche Post: The group announces a rise in its Q1 profits and confirms its forecasts.
  • Logitech: Fiscal Q4 revenue down 20% to $1.23B. 2023 guidance is reduced.
  • Norsk Hydro: Record Q1 profit exceeds forecasts.
  • The Estee Lauder Company lowered its annual revenue forecast to take into account the impact of the recent confinements in China and the Russian invasion of Ukraine.

 

 

In other news:

  • Citigroup acknowledged that one of its traders was behind the sharp drop in European stocks yesterday.
  • Amazon will financially support its employees who would have to travel for an abortion.
  • PayPal contributed to the EU's antitrust complaint against Apple in payments.
  • Alibaba shares plunge 9% after a story about lawsuits targeting a Ma... who is not the group's founder Jack Ma. The stock recovered in the aftermath.
  • Brussels is looking into suspected abuse of Apple's dominant position in mobile payments.
  • Uniper is in talks with the German government and PJSC Gazprom on a ruble payment system.
  • BMW and Mercedes to sell their car-sharing joint venture to Stellantis.
  • AMS-Osram finalizes sale of its horticultural lighting business.
  • Idorsia gets EU green light for Quviviq in insomnia.
  • Fincantieri secures $4 billion cruise ship order from Norwegian Cruise Line.
  • Morgan Stanley - The bank's German subsidiary was raided Tuesday as part of an investigation into "past activities," a group spokesman said. The prosecutor's office said the investigation was into a so-called "cum-ex" tax fraud case.
  • Biogen announced Tuesday the resignation of its CEO, Michel Vounatsos, saying it had started to look for a successor.

Key earnings reports of the day: Pfizer, Advanced Micro Device, S&P Global, Airbnb, BP Plc, The Estée Lauder, Starbucks, BNP Paribas, Deutsche Post, Universal Music Group, Royal DSM, Logitech, Galp Energia, Demant...


© MarketScreener.com 2022
Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED MICRO DEVICES, INC. -3.66% 73.67 Delayed Quote.-48.80%
AIRBNB, INC. 2.62% 91.41 Delayed Quote.-45.10%
ALIBABA GROUP HOLDING LIMITED 2.04% 116 Delayed Quote.-2.35%
AMAZON.COM, INC. 3.15% 109.56 Delayed Quote.-34.28%
AMS-OSRAM AG -2.91% 8.348 Delayed Quote.-49.70%
APPLE INC. 1.62% 138.93 Delayed Quote.-23.01%
BIOGEN INC. 3.28% 210.63 Delayed Quote.-12.21%
BMW INDUSTRIES LTD. 1.44% 24.6 End-of-day quote.-39.93%
BNP PARIBAS -0.12% 45.31 Real-time Quote.-25.44%
BP PLC -1.34% 383.1 Delayed Quote.15.92%
CITIGROUP INC. 1.91% 46.87 Delayed Quote.-22.39%
COVESTRO AG -1.36% 32.53 Delayed Quote.-39.98%
DEMANT A/S 2.18% 272.1 Delayed Quote.-18.80%
DEUTSCHE POST AG 0.31% 35.85 Delayed Quote.-36.59%
DUPONT DE NEMOURS, INC. -1.49% 54.75 Delayed Quote.-32.22%
EXPEDIA GROUP, INC. 1.66% 96.4 Delayed Quote.-46.66%
FINCANTIERI S.P.A. -0.38% 0.528 Delayed Quote.-12.51%
GALP ENERGIA, SGPS, S.A. -4.69% 10.66 Real-time Quote.25.12%
IDORSIA LTD -1.25% 13.48 Delayed Quote.-27.68%
LOGITECH INTERNATIONAL S.A. -0.58% 49.58 Delayed Quote.-35.51%
MERCEDES-BENZ GROUP AG -0.40% 55 Delayed Quote.-18.63%
MORGAN STANLEY 0.91% 76.75 Delayed Quote.-21.81%
NORSK HYDRO ASA -2.10% 54 Real-time Quote.-22.32%
PAYPAL HOLDINGS, INC. 2.23% 71.4 Delayed Quote.-62.14%
PFIZER, INC. -0.23% 52.31 Delayed Quote.-11.21%
ROYAL DSM N.V. 1.39% 139 Real-time Quote.-29.80%
S&P GLOBAL, INC. 1.86% 343.33 Delayed Quote.-28.58%
STARBUCKS CORPORATION 3.76% 79.26 Delayed Quote.-32.24%
THE ESTÉE LAUDER COMPANIES INC. 0.73% 256.52 Delayed Quote.-31.21%
UNIPER SE 10.30% 15.63 Delayed Quote.-62.61%
UNIVERSAL MUSIC GROUP N.V. -0.07% 19.12 Real-time Quote.-22.84%