Corporate results:

HelloFresh: Expects core earnings of €460-540M in 2023. Henkel: targets organic sales growth of between 1% and 3% in 2023. Lindt: improved profitability in 2022. Nexi: maintains its 2023 guidance after achieving its 2022 targets. Zalando: sales may decline in 2023 after a 2022 at the bottom of the target range. Blackberry was down 2.5% in premarket trading after it reported a revenue forecast for this year that was below the Refinitiv consensus.

In other news:

The U.S. Department of Justice is expected to oppose the JetBlue/Spirit Airlines deal today, according to several sources. Meta Platforms is expected to cut several thousand additional jobs this week, according to information obtained by Bloomberg. L3Harris receives a contract from Lockheed Martin for the Viper Shield electronic warfare system. Equinor and Petrobras partner are to evaluate offshore wind projects in Brazil. Nel completes a capital increase of 1.6 MdNOK. U.S. FTC to oppose Black Knight 's deal with InterContinental Exchange, according to Bloomberg. Sika is placing a CHF 650 million bond to finance the MBCC transaction. Brenntag is considering a 5% share buyback. Cruise, General Motors' autonomous-vehicle subsidiary, is focusing this year on cutting expenses, a top executive said Monday, even as the sector isn't growing as fast as expected. Rivian will launch a $1.3 billion bond issue, the electric vehicle maker announced Monday, as weakening demand and soaring costs exacerbate the cash crunch for companies in the sector. Today's top earnings reports: Sea Limited, Ashtead, Ferguson, Lindt, Henkel, com, Traton, GEA Group, Zalando, ...