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Global markets live: Tesla, Biogen, Lyft, Ford, Toyota...

09/28/2022 | 12:12pm EST

Apple has scrapped plans to increase production of its new iPhones after expectations of demand failed to materialize, Bloomberg reports.

 

 

 

  • Tesla CEO Elon Musk's lawyers have asked a U.S. appeals court to ease a 2018 Securities and Exchange Commission (SEC) order to regulate the billionaire's tweets.
  • Biogen and Eisai announced Wednesday that their experimental Alzheimer's treatment showed a significant slowdown in cognitive decline in a large clinical trial in patients still in the early stages of the disease. Biogen shares jumped 50% in pre-market trading.
  • The U.S. financial regulator on Tuesday fined 16 banks worldwide, including Bank of America, Goldman Sachs, Citigroup and Morgan Stanley, for using personal apps and their own devices to discuss transactions or conduct financial transactions.
  • Lyft - The VTC services group announced on Tuesday that it would freeze hiring in the United States until the end of the year as fears of an economic recession in the country grow.
  • Blackberry fell 4% in after-hours trading as the company reported second-quarter revenue of $168 million, down 4% from the same period a year ago.
  • Ford will invest $700 million and create 500 jobs to produce new pickup trucks.
  • Boohoo cut its forecasts.
  • Twitter said Musk analysts have no evidence on fake accounts.
  • Shy debut on Wall Street for Harley-Davidson's electric motorcycle subsidiary, LiveWire.
  • Shell and Exxon to divest $2bn of natural gas assets in the UK and Dutch North Sea.
  • Commerzbank has increased its provision for losses on the loan portfolio of its Polish subsidiary Mbank by €490 million.
  • Apollo is reportedly in the process of exploring a takeover of Ryder System, according to Bloomberg.
  • Dufry is awarded a contract at Chongqing Airport.
  • Siegfried and Novavax extend their partnership through the end of 2023.
  • Toyota will start selling a small electric sedan in China by the end of the year.

ę MarketScreener.com 2022
Stocks mentioned in the article
ChangeLast1st jan.
APOLLO GLOBAL MANAGEMENT, INC. 5.38% 69.39 End-of-day quote.-4.20%
BIOGEN INC. 4.72% 305.17 Delayed Quote.27.20%
BLACKBERRY LIMITED -0.46% 6.52 Delayed Quote.-44.84%
BOOHOO GROUP PLC 5.55% 41.63 Delayed Quote.-66.21%
COMMERZBANK AG -0.07% 8.006 Delayed Quote.19.69%
DUFRY AG 0.82% 38.22 Delayed Quote.-15.35%
EISAI CO., LTD. 4.75% 9775 Delayed Quote.42.89%
EXXON MOBIL CORPORATION 0.72% 111.34 Delayed Quote.80.65%
FORD MOTOR COMPANY 1.09% 13.9 Delayed Quote.-33.80%
HARLEY-DAVIDSON, INC. 2.46% 47.13 Delayed Quote.25.05%
LYFT, INC. 4.28% 11.22 Delayed Quote.-73.74%
NOVAVAX, INC. -2.02% 16.49 Delayed Quote.-88.47%
SHELL PLC 1.81% 2444 Delayed Quote.50.70%
SIEGFRIED HOLDING AG -1.40% 634.5 Delayed Quote.-28.67%
TESLA, INC. 7.67% 194.7 Delayed Quote.-44.73%
TOYOTA MOTOR CORPORATION -0.60% 1998.5 Delayed Quote.-4.51%
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