Having worked in the British, French and Swiss financial press, Romain is able to report on local and international issues, as comfortable in French as in the language of Shakespeare, Romain Fournier leads the editorial team at Marketscreener. Fine connoisseur of the English-speaking markets, Romain delivers an editorial every day on US and UK markets.
Global markets live: Prada, Koh'ls, Alphabet, Meta, Novartis...
Everyday, the MarketScreener team selects the most important news about listed companies across the world. Here is a short recap for your convenience (The list is updated during the session):
- HelloFresh: Results were down, but less than expected. However, forecasts were revised downwards, which did not prevent shares from rising before the opening.
- Henkel: Despite lower half-year profits, the group surprises positively by raising its sales forecast for the second time this year.
- Saudi Aramco (Saudi Arabian Oil) reports record net profit of $48.4bn in Q2.
In other news:
- The New York-listed shares of Turquoise Hill Resources were up 24 percent in premarket trading after the Canadian mining group rejected an offer from its largest shareholder Rio Tinto to pay $2.7 billion for the 49 percent of the company it does not yet own.
- Peloton is to cut 800 jobs, outsource deliveries and close shops.
- Contemporary Amperex Technology (CATL) has earmarked up to €7.34bn to set up an electric vehicle battery factory in Hungary.
- Prada is seeking a listing in Milan in addition to Hong Kong, according to Bloomberg.
- Kohl’s - Activist fund Starboard Value, which offered to buy the department stores' for about $9 billion in January, reduced its stake by more than 80 percent in the second quarter.
- Nexstar Media, the largest owner of local television stations in the United States, announced that it has purchased a majority stake (75%) in the CW television network.
- Unity Software on Monday rejected a $17.54 billion bid by gaming software company Applovin and said it plans to pursue its acquisition of rival IronSource.
- ENBW confirmed over the weekend, in response to rumours, that it was in "concrete" discussions to sell its high-voltage network TransnetBW.
- Scandinavian airline SAS AB, in bankruptcy in the US, has secured a $700m loan with funds managed by Apollo Global Management.
- Moderna - The UK Medicines Authority (MHRA) announced on Monday that it had approved as a booster dose Moderna's bivalent COVID-19 vaccine, which targets both the original SARS-CoV-2 strain and the Omicron variant of the virus that causes the disease.
- Alphabet - YouTube, a subsidiary of the company, is considering launching an online shop to market its streaming video services and has reopened discussions with entertainment groups to do so, the Wall Street Journal reported Friday.
- Nordex maintains its forecast of lower sales for 2022.
- Novartis fails with lung cancer drug canakinumab.
- Bâloise sells its portfolio in German run-off.
- Facebook (Meta Platforms) teams up with DoorDash for its Marketplace deliveries.
Main earnings reports today: Henkel, CureVac, HelloFresh... All the agenda here.
© MarketScreener.com 2022