Global markets live: Daimler, GSK, Mattel

Corporate results are still at the top of the agenda for the last session of the week, notably those of L'Oréal for the consumer/luxury goods sector and Daimler for the automotive sector. In other news, Coinbase is still attracting a lot of interest. US financial companies are also in focus.

 

Earnings season.

Morgan Stanley, The Bank of New York Mellon, Tryg, X5 Retail, Conzzeta are among companies reporting their results today.

L'Oréal: organic growth reached 10.2% in Q1, with sales of €7.61bn.

Alcoa: Q1 Ebitda increased by 62%, well above expectations.

Daimler: Q1 results well above expectations.

HelloFresh: Q1 performance well above expectations,

 

In other news:

New car registrations jump 87% in March in Europe.

Thermo Fisher buys PPD at $47.50 a share, a bill of $14.7 billion.

Activist fund Elliott builds a position in GlaxoSmithKline .

Fiat(Stellantis) cuts production in Brazil due to lack of semiconductors.

ARK buys $110 million of Coinbase shares and strengthens its position.

PTC Inc will replace Varian Medical in the S&P500.

LG Electronics and General Motors plan to create an electric battery factory in the US.

Mattel unveils first Tesla Roadster CarbonNeutral Matchbox vehicle made of 99% recycled materials.