Earnings reports:

Credit Suisse: The bank is reporting a net loss of CHF 1.57 billion for the year 2021.

Delivery Hero: The group expects revenues of between €9.5 and €10.5bn in 2022.

KBC: Net profit reaches €2.61bn (+81%) in 2021.

Siemens: Quarterly net profit beats expectations.

Uber: Quarterly earnings are well received with the stock gaining 5.5% post-trade.

Unilever: Net profit beats consensus on growth of over 8%.

Vestas Wind: Annual revenues are at the bottom of the range. Previous guidance is confirmed.

Walt Disney: Stock jumps 6.6% in after-hours trading after strong hiring for Disney+.

Zurich Insurance: Results beat expectations, dividend raised by CHF 2 to CHF 22 per share.

Coca-Cola - The soda giant reported quarterly sales Thursday that beat analysts' expectations thanks to higher prices and a gradual reopening of restaurants around the world as health restrictions are eased.

Pepsico reported better-than-expected quarterly sales on Thursday and announced a $10 billion share buyback plan and a 7% increase in the annual dividend paid to shareholders.

Mattel - The toy maker issued a better-than-expected annual profit forecast on Thursday, as the group counted on strong demand for Barbie dolls and other items to help it cope with persistent supply problems.

Tapestry - The owner of fashion group Kate Spade on Thursday raised its full-year revenue and profit forecast on the back of strong demand in Europe and the U.S. for its luxury handbags and clothing.

 

In other news:

Credit Suisse shareholders reportedly oppose the reappointment of the bank's vice chairman, according to the FT.

Prudential CEO Mike Wells will resign.

A2A is interested in a majority stake in renewable energy company Alerion Clean Power.

Italy considers KKR's proposal for Telecom Italia too low, according to Bloomberg.

Western Digital estimates that a contamination in its manufacturing processes is affecting production operations at its Yokkaichi and Kitakami joint venture flash memory manufacturing facilities, causing a reduction in availability of at least 6.5 exabytes.

Novartis files for emergency approval of Covid in the US.

Sika strengthens its position in Tanzania and Ivory Coast.

Microsoft to implement a new set of principles for its app store, including open access for developers who meet privacy and security standards.

 

Main earnings releases: Taiwan Semiconductor, Coca-Cola, PepsiCo, AstraZeneca, Philip Morris, TotalEnergies, Linde, Unilever, Siemens, Vale, Zurich Insurance, Pernod Ricard, Crédit Agricole, KBC Group, Société Générale, ArcelorMittal...