Earnings reports: Costco Wholesale, Constellation Brands, Tesco, Aeon, Levi Strauss, LDC...

 

  • LVMH acquires perfume company Officine Universelle Buly 1803.
  • AirAsia reached a compromise with Airbus to redefine the terms of an order for 362 A321neo aircraft. In addition, Jet2 is ordering 15 more A321neo aircraft from Airbus.
  • Mark Zuckerberg says accusation that Facebook favors profits over safety are false, following the testimony of former employee Frances Haugen before the US Congress.
  • PepsiCo warns that snack and drink prices could rise again.
  • Tesco raises its forecasts and announces a share buyback programme.
  • Thoma Bravo will buy com for $6.6 billion ($330 a share).
  • Dominion Energy will sell Questar to Southwest Gas in a deal worth nearly $2 billion.
  • Vedanta is considering a bid for the Indian government's stake in Hindustan Copper.
  • Telefonica is reportedly considering opening up the capital of its fibre-optic subsidiary in Spain, according to Bloomberg.
  • Visa is reportedly considering changes to the terms and conditions for processing Apple Pay transactions.
  • Palantir gets $823M contract from US military for intelligence data analysis.
  • Novartis cooperates with Innodem in multiple sclerosis.
  • TUI to raise €1.1bn in a guaranteed capital increase.
  • Lindab acquires Swiss ventilation group Tecnovent.
  • Xerox acquires technology consulting firm Competitive Computing.
  • German company Northern Data denies allegations of market manipulation.