Global markets live: Cisco, Kohl's, Boeing, Ford L'Oréal...

05/19/2022 | 12:25pm

Every day, the MarketScreener team selects the most important news about listed companies across the world. Here is a short recap for your convenience:




Earnings Releases:

  • Cisco: The stock dropped after fiscal Q4 guidance comes in well below expectations.
  • easyJet: Half-year loss reached 545 MGBP, in line with expectations.
  • Tencent: The stock was losing ground in Hong Kong after the release of disappointing quarterly results.
  • Kohl's, which is seeking a buyer under pressure from activist investors, lowered its annual profit target due to the heavier-than-expected impact of rising transportation and labor costs.


In other news:

  • BBVA invests $1.4bn to take 36% of Turkish Garanti.
  • The British antitrust authorities are skeptical about the merger between Veolia and Suez.
  • Société Générale has finalized the sale of its Russian assets, including Rosbank, to Interros Capital.
  • L'Oréal is buying Byredo perfumes from the Manzanita Capital fund, for about €1 billion.
  • A new complaint has been filed against Credit Suisse in the wiretapping case.
  • Green light from the Comco for the merger between Burkhalter and Poenina.
  • International Consolidated Airlines orders 50 B737MAX from The Boeing Company.
  • Brookfield will buy Homeserve at GBp 1200 per share.
  • Sercel (CGG) acquires geocomp, a leading provider of infrastructure monitoring services in the US.
  • Under Armour announced Wednesday the resignation of its chief executive Patrik Frisk, who will be temporarily replaced by Colin Browne, currently chief operating officer.
  • Carvana's license to sell vehicles in Illinois is suspended.
  • Sika acquires US company United Gilsonite Laboratories.
  • DKSH acquires Italian Victa Food.
  • Calida acquires high-end lingerie brand Cosabella.
  • Spirit Airlines - The airline's board of directors urged its shareholders to reject the unsolicited offer from JetBlue Airways
  • The Boeing Company - Britain's IAG announced Thursday that it has agreed to order 50 737 MAX aircraft from Boeing, to be delivered between 2023 and 2027.
  • Ford on Thursday announced a recall of 39,000 2021 Expedition and Lincoln Navigator SUVs, with the automaker warning of an engine compartment fire hazard.

Main earnings reports today: Applied Materials, National Grid, Palo Alto Networks, Xiaomi, Assicurazioni Generali, Julius Bär, Embracer, Ackermans, Eurazeo...

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