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: Berkshire Hathaway, Tesla, Twitter, Amazon, Starbucks...
Everyday, the MarketScreener team selects the most important news about listed companies across the globe. Here is a short recap for your convenience:
- Volkswagen sets a high-end price of EUR 82.50 for Porsche's IPO, which becomes the largest such deal in Europe since 2011.
- China Airlines placed an order for 24 B787 Dreamliners with The Boeing Company.
- Philip Morris has no plans to lower its Swedish Match offering.
- Cineplex has approached creditors of bankrupt rival Cineworld about a potential merger with the British company's U.S. Regal Entertainment unit, the WSJ reports.
- Hedin Mobility is reportedly open to selling its stake in Pendragon if a third party announces a firm offer of at least 35 pence per share.
- Workiva is attracting interest from Thoma Bravo and TPG for a takeover.
- Berkshire Hathaway further strengthens its position in Occidental Petroleum.
- Merck grants Sinopharm rights to distribute its COVID-19 drug in China.
- Tesla announced on Wednesday that billionaire Joseph Gebbia, co-founder of AirBnb, would join its board of directors to replace Larry Ellison, the co-founder of Oracle, who has not served since August.
- Twitter - Several major advertisers such as Dyson, Mazda, Forbes and PBS Kids told Reuters they have decided to suspend their marketing campaigns or remove their ads on Twitter because they appeared next to tweets that promoted child pornography.
- Amazon on Wednesday announced an average hourly wage increase to more than $19 for employees in its warehouses and shipping departments.
- Starbucks - The coffee chain announced an increase in its quarterly dividend to shareholders from $0.49 per share to $0.53 on Nov. 25.
- Berkshire Hathaway, Warren Buffett's company, announced on Wednesday that it will buy an additional 5.99 million shares of Occidental Petroleum, bringing its stake in the oil company to 20.9%, which was up 0.8% in premarket trading.
- Rite Aid fell 15% in premarket trading after reporting a larger-than-expected second-quarter loss and lowering its adjusted Ebitda forecast.
- Gilead Sciences - A U.S. federal judge froze the assets of dozens of individuals and entities accused of running a massive program to distribute counterfeit drugs from the company, including one of its HIV treatments.
- KKR - The launch of the U.S. investment fund's takeover bid for Hitachi Transport System for about 670 billion yen will be delayed from the original timetable of late September, the Japanese group said Thursday.
- EQT - The private equity firm announced Wednesday that it will buy Billtrust for a sum valued at $1.7 billion
- Bed Bath & Beyond - The home goods chain reported a wider quarterly loss Thursday, sending its stock down 1.4% in pre-market trading.
- PG&E announced on Wednesday that it will spin off its non-nuclear generation assets into a standalone division, with 49.9% of the stock to be sold.
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