Walmart, Nestlé, Applied Materials, Airbus, Daimler, Roku, Electricité de France, Barclays, Crédit Suisse and Moncler are among companies reporting their results today.
- Baidu: Quarterly results are slightly better than expected and Q1 forecast is slightly better than expected.
- Barclays: results are better than expected and a £700m share buyback program has been launched.
- Crédit Suisse: net profit declined by 22% to CHF 2.7bn. The proposed dividend is up to CHF 0.2926.
- Daimler: revenues and earnings are expected to be significantly higher in 2021, the manufacturer announced on the sidelines of its 2020 figures.
- Nestlé: the world's leading food company reported results close to expectations in 2020, including organic growth of 3.6%. This year, the company is targeting a continued increase in its "single-digit" organic growth.
- Walmart is down 4.3% ahead of the stock market after publishing a quarterly profit below expectations for the first time in two years and a cautious forecast.
- Marriott announced on Thursday a new quarterly loss, as bookings from the world's largest hotel chain declined due to travel restrictions related to the Covid-19 pandemic. The share fell by 2% in pre-market trading.
- Royal Dutch Shell seals the sale of its Canadian shale assets to Crescent Point Energy for $707 million.
- ThyssenKrupp ends discussions with Liberty Steel.
- General Motors is forced to freeze certain operations in Mexico due to a shortage of natural gas.
- Facebook blocks media in Australia in response to new regulations in the country.
- Befimmo extends its portfolio to the Grand Duchy of Luxembourg.
- Jaguar Land Rover (Tata Motors) will cut 2,000 jobs worldwide.
- Tesla has reduced the selling price of the cheapest versions of the Model 3 and Model Y while increasing the price of the most expensive cars, shows the site of the electric vehicle manufacturer.