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Romain Fournier

Chief Editor
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: SoftBank, Toshiba, Cisco, Apple, AstraZeneca...

11/11/2022 | 10:18am EST

Every day, the MarketScreener team selects the most important news about listed companies across the world. Here is a short recap for your convenience:

 

 

 

Corporate results:

  • Cellnex: Nine-month earnings are up 45%, but the outlook was slightly lowered.
  • Compagnie Financière Richemont: posted a first-half loss after impairment related to the YNAP exit.
  • SoftBank: returned to the green in fiscal Q2.
  • Toshiba: reports a 75% drop in quarterly operating profit and cuts full-year outlook.

 

In other news:

  • Thermo Fisher plans a $4 billion share buyback program.
  • 3M Company and DuPont are under fire in California over toxic pollutants.
  • Cisco Systems plans to launch a semiconductor chip design center in Spain.
  • Apple supplier Foxconn (Hon Hai Precision) will quadruple the number of employees at its plant in India.
  • Holcim launched a share buyback of up to CHF 2 billion.
  • AstraZeneca will no longer seek U.S. approval for COVID-19 vaccine due to declining demand.
  • The Gap is collaborating with Amazon Fashion to launch a clothing line.
  • Implenia extends a syndicated loan by two years.
  • DKSH expands collaboration with Anklam Extrakt in Southeast Asia.
  • Elon Musk, Tesla's chief executive, said Friday on Twitter that his companies are well positioned heading into 2023 despite the risk of a worsening economy.
  • Berkshire Hathaway, the group led by Warren Buffett, announced Thursday that it has sold more than 91 million shares of US Bancorp since the beginning of the year, or 63% of its stake, down to 3.6%.
  • Blue Apron fell 36% in premarket trading to $1.11 a share, as a stock exchange document showed that the meal kit delivery group had reached an agreement with Canaccord Genuity to sell $30 million worth of shares.

Key earnings reports today: SoftBank, Compagnie Financière Richemont, Olympus, Daimler Truck, Cellnex... All the agenda is here.


ę MarketScreener.com 2022
Stocks mentioned in the article
ChangeLast1st jan.
3M COMPANY -0.84% 116.5 Delayed Quote.-2.03%
APPLE INC. -1.79% 151.73 Delayed Quote.16.78%
ASTRAZENECA PLC 0.19% 10598 Delayed Quote.-5.69%
CELLNEX TELECOM, S.A. 0.36% 36.53 Delayed Quote.17.85%
CISCO SYSTEMS, INC. -2.18% 47.57 Delayed Quote.-0.15%
COMPAGNIE FINANCIÈRE RICHEMONT SA -0.43% 140.25 Delayed Quote.17.43%
DAIMLER TRUCK HOLDING AG 0.19% 31.55 Delayed Quote.8.79%
DKSH HOLDING AG 0.06% 79.05 Delayed Quote.12.54%
HOLCIM LTD 0.58% 55.16 Delayed Quote.14.58%
HON HAI PRECISION INDUSTRY CO., LTD. 1.91% 101.5 End-of-day quote.1.60%
IMPLENIA AG -0.26% 38.1 Delayed Quote.0.39%
OLYMPUS CORPORATION 0.54% 2499 Delayed Quote.5.68%
SOFTBANK GROUP CORP. -1.01% 6268 Delayed Quote.12.19%
THE GAP, INC. -4.59% 14.56 Delayed Quote.35.28%
THERMO FISHER SCIENTIFIC -1.97% 576.17 Delayed Quote.4.63%
TOSHIBA CORPORATION 1.19% 4504 Delayed Quote.-3.30%