Global markets live: Airbus, BP, Merck, Pfizer, Meta...

12/08/2021 | 11:49am

Every day, the MarketScreener team compiles and summarizes the most important news related to listed companies around the world.

 

 

 

  • L'Oréal will buy back 4% of its own capital held by Nestlé for €8.9bn (400 EUR per share vs. a closing price of 428.80 EUR yesterday). The Swiss company is down to 20.1% of the capital.
  • Airbus delivered 58 aircraft and received 318 orders in November.
  • BP Plc acquires US-based Amply Power. The Porsche and Piech families plan to sell Volkswagen shares.
  • HelloFresh forecasts revenue growth of up to 26% in 2022.
  • Woodside Petroleum plans to invest $5bn by 2030 in renewable energy.
  • Merck to issue $8B in bonds to fund Acceleron buyout.
  • Google discovered an online crime ring, including about a million hacked electronic devices.
  • The Boeing Company receives a $3.7 billion jet order for B737MAX aircraft.
  • Securitas buys a division of Stanley Black & Decker for $3.2 billion.
  • Triton to buy Clinigen for GBp 883 per share in cash.
  • Fosun Pharma and BioNTech co-develop a vaccine against the Omicron strain of COVID-19.
  • Weibo was losing 7% in Hong Kong trading on its debut.
  • Chinese developer Kaisa suspends its listing on the Hong Kong Stock Exchange.
  • Production of Apple's various iPhone 13 models fell by 20% in September and October compared to what was initially expected due to supply chain disruptions and power shortages in China, the Japanese business daily Nikkei reported, citing sources close to the matter. In addition, Credit Suisse has upgraded Apple to "neutral" with a price target of $150.
  • Pfizer and BioNTech said Wednesday that three doses of their COVID-19 vaccine had demonstrated the ability to neutralize the effects of the new Omicron variant of the coronavirus in laboratory tests. Alex Sigal, a professor at the Africa Health Research Institute in South Africa, had previously said the vaccine may only partially protect against Omicron. Pfizer shares gained 0.6% in premarket trading.
  • Meta - Facebook's parent company announced Wednesday that it would ban from all of its platforms activities controlled by the Burmese military, which took power in the country on Feb. 1.
  • Ford Motor announced plans to invest $900 million in upgrading its factories in Thailand, where the Ranger pickup truck and Everest SUV are produced. Ford shares are up 0.45% in pre-market trading.
  • Several hedge funds may have lost millions of dollars by investing in Didi Global, whose stock price has plummeted since the Chinese VTC services giant announced on Friday its intention to delist from Wall Street and list in Hong Kong, stock market advisers said.
  • Visa on Wednesday announced the launch of a global cryptocurrency advisory service for banks and businesses amid growing interest in digital currencies.
  • BlackRock added Bank of New York Mellon, Citigroup and JPMorgan Chase & Co as custodians of its $2.3 trillion iShares subsidiary's index funds (ETFs) to diversify beyond its longtime partner State Street.

Key earnings reports: Brown-Forman, GameStop, ICA Gruppen, Thor Industries, TUI AG...

 

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