US:
- Dupont de Nemours is up 2.7% in pre-market trading after raising its annual profit forecast above consensus on Tuesday. The industrial materials manufacturer also exceeded its third-quarter profit target thanks to strong demand for electronics and AI-based technologies.
- Companies up after their quarterly results: Palantir (+14%), Vertex (+2%)...
- Companies down after their quarterly results: NXP Semiconductors (-6%), Wynn Resorts (-3%), Illumina (-2%)...
- Boeing employees accept the 3 rd plan submitted by management and end their strike.
- Investors withdrew more than $53 billion from Franklin Resources' bond division, Western Asset Management, after the revelation of a federal investigation into veteran trader and the company's co-chief investment officer, Ken Leech.
- Apple explores the field of connected glasses, the preserve of Meta Platforms and EssilorLuxottica.
- Silver Lake, Bain and Francisco Partners ready to bid for a minority stake inIntel's Altera unit.
- South Korea fines Meta around $15 million for collecting user data.
- Dollar Tree CEO Rick Dreiling steps down.
- Several nuclear energy companies fell yesterday after the US energy regulator rejected a project to supply power to Amazon.
Europe and Asia:
- Carrefour is considering ways of reducing its discount, according to Bloomberg.
- Bouygues confirms 2024 targets after better-than-expected 9-month results.
- UK regulator declares Vodafone / Three likely to get green light.
- Syensqo accelerates efficiency measures.
- Salzgitter revealed that its second shareholder, GP Günter Papenburg, is considering a takeover bid with a partner, without quoting a price.
- UniCredit and Alpha Bank Romania finalized plans to merge their Romanian subsidiaries in the second half of 2025.
- DSV plans to issue €5 billion in senior unsecured bills to finance its €14.3 billion takeover of Schenker from Deutsche Bahn.
- BASF concludes the sale of its flocculant mining activities.
- DHL reports lower-than-expected third-quarter net profit.
- Adecco disappoints in third quarter.
- Hugo Boss third-quarter operating profit slightly ahead of expectations.
- Orsted posts third-quarter profit, but sales down.
- Vestas third-quarter operating profit below expectations.
- Associated British Foods reports higher earnings and sales for the year.
- AIB Group reports growth in net interest income for the first nine months and confirms guidance.
- Evotec sells its chemical API manufacturing unit to streamline operations.
- Coca-Cola Europacific Partners reports a rise in third-quarter sales, but lowers its outlook for fiscal 2024.
- OC Oerlikon reports lower third-quarter sales and revises its outlook for fiscal 2024.
- Zalando confirms preliminary third-quarter results.
- Burckhardt Compression reports higher net income and sales for the first half of the fiscal year.
- Uniper begins repaying Germany for €13.5 billion bailout.
- Schindler to begin share buyback program on November 6.
- Swedish Orphan Biovitrum appoints David Meek, formerly of Ipsen, as Chairman of its Board of Directors.
- Nintendo lowers annual operating profit forecast due to slowing Switch sales.
- Toyota 's second-quarter earnings report revealed a significant drop in profits.
Today's main earnings reports: Apollo Global Management, Thomson Reuters, Ferrari, Emerson Electric, Marathon Petroleum, Cummins, Coupang, Microchip, Gartner, Yum! Brands, DuPont de Nemours, International Flavors & Fragrances, DHL Group, Coca-Cola Europacific Partners, Bayer, Coloplast, Orsted, Associated British Foods, Vestas Wind Systems, Uniper, AIB Group, Bouygues, Fresenius Medical Care, Inwit, Aramco, Fast Retailing, Hon Hai Precision Industry, Goodman, Nintendo, Mitsubishi Heavy Industries, Titan Company Limited, Z Holdings Corporation...