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Dynamic quotes 
OFFON

Global markets live: Citigroup, BoA, Broadcom, Apple, Tullow Oil...

07/14/2021 | 10:50am EDT

Corporate publications are starting, particularly in the United States with several major banks. Apple and Goldman Sachs team up to launch a "buy now, pay later" service. The United Kingdom's antitrust approves AstraZeneca 's $39 billion acquisition of Alexion.

Main earnings reports. Bank of America, Wells Fargo, Citigroup, Barratt Developments, Tele2, Pagegroup... 

 

  • Citigroup reported a better-than-expected quarterly profit on Wednesday as the economic recovery allowed the bank to reduce provisions for potential defaults and offset a drop in net banking income due to lower transactions and lending.
  • Wells Fargo reported a profit in the second quarter thanks to provision reversals, while expenses related to its business practices scandal stabilized.
  • Bank of America saw its profit almost triple in the second quarter, thanks in particular to the reversal of provisions set aside last year, but its lending activities remain penalized by the low interest rate environment. The share of the American bank falls by 2% in pre-trade.
  • Blackrock largely exceeded expectations on Wednesday with a 28% jump in second-quarter profit and a new record in assets under management, at $9.490 trillion. However, the world's leading asset manager lost 1.5% in pre-market trading.
  • LG Chem will invest $8.7 billion to boost its battery division.
  • American Airlines returned to positive cash flow in Q2.
  • UK antitrust approves AstraZeneca 's $39 billion acquisition of Alexion.
  • Broadcom reportedly ended its negotiations to buy SAS Institute, according to the Wall Street Journal.
  • Apple wants to increase its iPhone production by 20% in 2021.
  • Apple and Goldman Sachs plan to create a "buy now, pay later" service.
  • Swisscom chief apologizes after a giant outage that affected emergency numbers in Switzerland.
  • Bossard has a record first half year.
  • Tullow Oil says it can generate $600 million in cash flow this year based on a barrel price of $60 each.
  • Ascom wins a €1.1 million contract in the Netherlands.
  • The FCA has told Provident Financial that it does not support the company's settlement plan for its home loan business.
  • Tele2 improves quarterly results on cost savings.
  • Sumitomo Mitsui Financial Group to take a 5% stake in Jefferies Bank for $380m. 

ę MarketScreener.com 2021
Stocks mentioned in the article
ChangeLast1st jan.
ALEXION PHARMACEUTICALS, INC. 1.70% 182.5 End-of-day quote.0.00%
AMERICAN AIRLINES GROUP INC. 1.85% 20.9 Delayed Quote.32.53%
APPLE INC. 0.67% 146.83 Delayed Quote.10.66%
ASCOM HOLDING AG 1.81% 14.62 Delayed Quote.11.60%
ASTRAZENECA PLC 0.55% 8664 Delayed Quote.18.35%
BANK OF AMERICA CORPORATION 3.86% 41.69 Delayed Quote.37.55%
BARRATT DEVELOPMENTS PLC 0.17% 691.8 Delayed Quote.3.61%
BLACKROCK, INC. 2.95% 876.17 Delayed Quote.17.95%
BLEECKER -0.77% 129 Real-time Quote.-5.15%
BOSSARD HOLDING AG 0.34% 299.5 Delayed Quote.67.88%
BROADCOM INC. 0.74% 504.3 Delayed Quote.15.18%
CBO TERRITORIA 0.28% 3.55 Real-time Quote.-2.74%
CITIGROUP INC. 3.87% 70.88 Delayed Quote.14.95%
DRONE VOLT -1.71% 0.1493 Real-time Quote.-46.68%
GOLDMAN SACHS BDC, INC. 0.16% 18.83 Delayed Quote.-1.52%
ISTOXX FP GR DEC 2.54 (EUR) 2.53% 40.23 Delayed Quote.0.00%
JEFFERIES FINANCIAL GROUP INC. 2.64% 37.26 Delayed Quote.47.56%
LG CHEM, LTD. 8.42% 760000 End-of-day quote.-7.77%
LG CORP. 0.74% 95300 End-of-day quote.-0.72%
LONDON BRENT OIL 0.36% 77.57 Delayed Quote.44.45%
NEXTEDIA -2.59% 1.204 Real-time Quote.3.35%
NIKKEI 225 2.06% 30248.81 Real-time Quote.8.00%
PAGEGROUP PLC 0.85% 652 Delayed Quote.45.51%
PROVIDENT FINANCIAL HOLDINGS, INC. -0.02% 17 Delayed Quote.8.23%
PROVIDENT FINANCIAL PLC 2.16% 349.8 Delayed Quote.13.94%
PROVIDENT FINANCIAL SERVICES, INC. 2.34% 22.72 Delayed Quote.26.50%
S&P 500 1.21% 4448.98 Delayed Quote.15.92%
SPINEWAY 0.00% 0.0016 Real-time Quote.33.33%
STELLANTIS N.V. 1.21% 16.748 Real-time Quote.0.00%
STELLANTIS N.V. 1.31% 16.768 Delayed Quote.14.38%
SUMITOMO MITSUI FINANCIAL GROUP, INC. -0.99% 3890 End-of-day quote.22.02%
SWISSCOM AG 0.38% 534 Delayed Quote.11.93%
TENCENT HOLDINGS LIMITED 2.93% 463.2 End-of-day quote.-17.87%
THE GOLDMAN SACHS GROUP, INC. 1.66% 391.86 Delayed Quote.48.60%
TULLOW OIL PLC 0.24% 46.55 Delayed Quote.57.37%
WELLS FARGO & COMPANY 1.53% 47.8 Delayed Quote.58.38%
WTI 0.26% 73.471 Delayed Quote.46.78%