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: Walt Disney, Apple, Vodafone, Boeing, Ford...

05/12/2022 | 11:43am EDT

Every day, the MarketScreener team selects the most important news about global listed companies, and creates a short recap for your convenience.

 

 

 

Company results:

  • Allianz: Maintains its operating profit target for the full year.
  • Hapag-Lloyd: The group posted exceptional Q1 profit.
  • Merck KGaA: Q1 2022 profits are up 18.2%. Organic growth is expected to be between 6 and 9% this year.
  • Siemens: The group will take a €600m charge for the closure of its Russian operations.
  • Telefonica: Q1 results are above expectations.
  • Walt Disney Company: The number of Disney+ subscribers is higher than expected, but results are down.
  • Zurich Insurance: 2022 targets will be exceeded.

 

In other news:

  • Aramco's capitalization exceeds Apple's.
  • Vodafone is reportedly negotiating a merger of its UK operations with local rival Three UK, reports the Financial Times.
  • Developer Sunac China defaults on a bond.
  • The SEC is investigating how Elon Musk built his initial position in Twitter, the WSJ reports.
  • The Boeing Company is struggling to produce B737MAXs due to parts shortages.
  • Anglo American returns to Zambia with Arc Minerals copper deal.
  • Walgreens Boots Alliance sells 6 million shares of AmerisourceBergen stock for $150 per share, reducing its stake from 28.1% to 25.2%.
  • Instacart prepares for its IPO on Wall Street.
  • Apple is down 1.4% in pre-market trading, as its subcontractor Foxconn reported a slowdown in demand for electronic products and tensions in supply chains due to health restrictions in China.
  • Alphabet subsidiary Google on Wednesday showed off a new prototype of connected glasses that can transcribe and translate a conversation in real time at its annual developer conference.
  • Meta Platforms confirmed Wednesday that it is considering changes in Reality Labs, a division at the heart of the company's strategy to refocus on hardware and the metaverse, a virtual universe touted as the future of the Internet.
  • Ford Motor announced Thursday that it has given up producing electric vehicles in India for export and is considering options for its two sites in the country.
  • Beyond Meat plunged 24% in premarket trading in response to the release of a widening first-quarter net loss linked to higher costs and deep discounts in the period.
  • Bumble - The dating app jumped 8.9% in the aftermath of Wednesday's release of better-than-expected first-quarter revenue and earnings.
  • Rivian Automotive confirmed its target of producing 25,000 vehicles this year despite supply chain tensions.

Main earnings reports today: Siemens AG, Allianz, Merck KGaA, Hapag-Lloyd, Zurich Insurance, Verbund, Telefonica, KBC, Veolia, Atlantia, CNP Assurances, Fortum, Nexi ...


© MarketScreener.com 2022
Stocks mentioned in the article
ChangeLast1st jan.
ALLIANZ SE -2.84% 177.78 Delayed Quote.-11.86%
ALPHABET INC. -0.21% 2174.75 Delayed Quote.-24.93%
ANGLO AMERICAN PLC -5.63% 2678 Delayed Quote.-5.84%
APPLE INC. 1.62% 138.93 Delayed Quote.-21.76%
ATLANTIA SPA -0.13% 22.39 Delayed Quote.28.44%
BEYOND MEAT, INC. 7.18% 25.66 Delayed Quote.-60.62%
BUMBLE INC. 4.30% 29.36 Delayed Quote.-13.29%
CNP ASSURANCES -0.38% 20.82 Real-time Quote.-4.28%
FORD MOTOR COMPANY 1.71% 11.32 Delayed Quote.-45.50%
FORTUM OYJ -3.82% 13.11 Delayed Quote.-49.54%
HAPAG-LLOYD AG 1.39% 247.4 Delayed Quote.-11.91%
KBC GROUPE NV -4.91% 50.38 Real-time Quote.-29.79%
MERCK KGAA -0.21% 165.05 Delayed Quote.-27.14%
META PLATFORMS, INC. -0.76% 160.03 Delayed Quote.-52.42%
NEXI S.P.A -1.97% 7.666 Delayed Quote.-44.10%
RIVIAN AUTOMOTIVE, INC. -0.16% 25.7 Delayed Quote.-75.21%
SIEMENS AG -3.13% 94.19 Delayed Quote.-36.26%
TELEFÓNICA, S.A. 0.82% 4.937 Delayed Quote.27.13%
THE BOEING COMPANY 2.28% 139.84 Delayed Quote.-30.54%
VEOLIA ENVIRONNEMENT 0.00% 22.53 Real-time Quote.-27.06%
VERBUND AG -0.62% 96.15 Delayed Quote.-2.17%
VODAFONE GROUP PLC -1.21% 127.1 Delayed Quote.14.68%
WALGREENS BOOTS ALLIANCE, INC. 1.74% 38.56 Delayed Quote.-26.07%
WALT DISNEY COMPANY (THE) 1.84% 96.14 Delayed Quote.-37.93%
ZURICH INSURANCE GROUP LTD -2.27% 412.5 Delayed Quote.5.44%