Key earnings reports. Unitedhealth, Morgan Stanley, Fast Retailing, Investor AB, Partners Group, Experian, Barry Callebaut, Delta Air Lines, Just Eat Takeaway...
- Daimler's Q2 results exceed market expectations.
- Morgan Stanley reported stronger-than-expected second-quarter profit growth as the group's investment banking business benefited from higher trading volumes and strength in the capital markets.
- Taiwan Semiconductor and Fast Retailing results are more mixed.
- TomTom revises its targets downwards.
- Siemens gives up on its targets because of Siemens Gamesa.
- NortonLifeLock is considering purchasing Avast
- Barry Callebaut posted 2.1% gross growth and 7.7% excluding currency in its first nine months of its off-year.
- Microsoft is launching cloud versions of Windows 10 and 11.
- Ali Group to buy Welbilt for $3.4bn in cash, beating out The Middleby's proposal.
- Facebook calls for FTC official to recuse herself.
- Netflix plans to enter the video game business, to diversify its offerings.
- Johnson & Johnson recalls Neutrogena and Aveeno sunscreen products.
- Sydney Airport unanimously rejects takeover bid submitted to it by a consortium of investors.
- The Blackstone Group and AIG seal a partnership with asset transfers.
- Volkswagen ordered to pay €450 million in damages in the Netherlands in connection with dieselgate.
- AMC Entertainment and GameStop worth half of their recent highs. Veritas fund is reportedly preparing the IPO of Cotiviti for $15bn, according to Bloomberg.
- Valora takes over five train station bookstores in northern Bavaria.
- GAM Holding posts a net loss of CHF 3 million in H1, but an underlying profit before tax of around CHF 1 million.
- Toyota Motor acquires US-based Carmera, a provider of maps and data for driverless vehicles. Neobank N26 is reportedly valued at $10bn in a funding round.