• Netflix enters the mobile game business.
  • Pfizer raises its forecast for Covid-19 vaccine sales.
  • Amgen unveils third-quarter revenue of $6.7 billion, up 4%, and lowers the high end of its annual guidance range.
  • Facebook ends easy recognition on its platform.
  • Novo Nordisk raises its full-year guidance.
  • BMW confirms full-year guidance and reports Q3 profit of €2.56 billion.
  • Volkswagen takes a stake in an EU-backed fund, EIT InnoEnergy.
  • Lufthansa reports its first operating profit since the start of the pandemic.
  • Zalando reports a decline in Q3 revenues, despite a 23% increase in sales.
  • Geberit reports Q3 sales of 855 million Swiss francs, up 7.6% year-on-year.
  • Vontobel says the pace of collection slowed during the summer but confirms its targets.
  • CVS Health on Wednesday raised its adjusted earnings forecast for 2021 after posting above-expectations quarterly earnings on strong demand for its COVID-19 tests and vaccination.
  • Discovery reported better-than-expected quarterly revenue on higher advertising revenue from the European broadcast of the Tokyo Olympics.
  • Capri Holdings raised its full-year profit target, dismissing concerns about supply chain strains and rising costs. The owner of the Michael Kors brand climbs 9.5% in pre-market trading.
  • Uber drivers in London will now be able to buy or lease vehicles from the U.S. automaker as part of a subsidy program aimed at increasing the use of electric cars, the VTC services group announced.
  • T-Mobile US gained 3.3% in pre-market trading after reporting better-than-expected new subscribers in the third quarter.
  • Deere & Co Employees at 12 of the group's U.S. plants are set to continue their three-week strike after rejecting a new draft contract reached between the farm equipment maker and a union that called for higher wages and bonuses.
  • Jen Oneal, Activision Blizzard's co-chief executive, decided Tuesday to resign and leave Mike Ybarra alone at the helm of the video game publisher. The group has also postponed indefinitely the launch of two highly anticipated titles, "Overwatch 2" and "Diablo IV". The share fell by 12.1% in after-hours trading.
  • Avis Budget Group is down nearly 5 percent to $340.36 in premarket trading Wednesday. The stock had doubled in value Tuesday in reaction to statements by its executives about discussions with manufacturers to increase the number of electric vehicles in its fleet. Avis also reported better-than-expected quarterly results.
  • Match Group - Tinder's parent company said Tuesday it expects fourth-quarter revenue of between $810 million and $820 million, compared with the consensus of analysts surveyed by Refinitiv of $838.5 million.

 

Key earnings reports. Novo Nordisk, Costco Wholesale, Qualcomm, CVS Health, Booking, Equinix, BMW