Sea Limited, Fast Retailing, Target, Flutter, Ashtead, Lindt, Edenred, HelloFresh, Kion, Intertek, Fresnillo and Piaggio are among companies reporting their results today.

 

Abercrombie & Fitch reported net income of $82.4 million in Q4, or $1.27 per share, compared to $83.1 million, or $1.29 per share, a year earlier.

Kohl's Corp. reported quarterly results that exceeded expectations. The U.S. retail group reported fourth-quarter net income up 29.4% to $343 million, or $2.2 per share.

Lindt: Chocolate did not perform well during the health crisis, so results fell sharply, but a little less than expected. A dividend of CHF 1,100 is proposed.

Target reported net income for the fourth quarter of its 2021 fiscal year ending January of USD 1.38 billion, or USD 2.73 per share, a record for the group.

Zoom Video Communications: the stock gains more than 8% after the publication of its Q4 results.

Infineon will replace Nokia in the EURO STOXX 50 on March 22.

Joe Biden is expected to announce that Merck & Co. will contribute to the production of Johnson & Johnson's Covis-19 vaccine, the Washington Post reports.

South Korean e-commerce giant Coupang will go public on the New York Stock Exchange at a price of $27-30, valuing it at $51 billion on the high end of the range.

Dufry obtains dealership extensions in Jamaica.

Travis Perkins resumes the Wickes spin-off process.

Renishaw officially goes on sale.

La Vaudoise and Valiant start a collaboration in the mortgage business.

Sika develops a new concrete recycling process.

Perrot Duval takes over the laboratory and quality control unit of Syntegon Technology.