Every morning, the Zonebourse team identifies and summarizes the important information about listed companies around the world in order to have the most important news at the start of the trading day. The content includes a part on France and another on the main international markets, in particular American companies and those from key European markets (UK, Germany, Switzerland, Italy, Spain) and the Asia-Pacific region.
In France
Company results (comments are made directly and do not prejudge the development of the securities)
- Air Liquide confirms its targets after moderate growth in the third quarter.
- Dassault Systèmes raises its 2023 earnings per share target.
- Kering suffered a 13% decline in revenue in the third quarter.
- Despite weak growth, Michelin increases its free cash flow forecast for 2023.
- OVH forecasts lower-than-expected sales growth for 2024.
- Nexans recorded a decline in sales to 4.92 billion euros within nine months, but confirmed its goals.
- Worldline reduces its forecasts for 2023.
Important (and less important) announcements
- According to Reuters, Orange and MasMovil have chosen Romanian company Digi as the buyer of the assets they want to sell in response to European Union concerns about the two operators’ planned merger in Spain.
- Stellantis will establish a joint venture with Orano to recycle electric vehicle batteries. In addition, the company is laying off 525 additional workers in Michigan due to the UAW strike.
- Vivendi requests an extraordinary shareholder vote on KKR’s bid for Telecom Italia’s fixed telephone network.
- Air Liquide will build a €140 million low-carbon production platform in Canada.
- Ipsos acquires Irish agency Behavior & Attitudes.
- Photosol (Rubis), the first winner of CRE tenders, starts the construction of its largest photovoltaic project in France and accelerates its implementation in Spain.
- Vicat sells a piece of land from its Reveriaz site to Opinel.
- Abivax raises $235.8 million through its Nasdaq IPO.
- Phaxiam receives green light from ANSM for its Phase I clinical trial for the treatment of endocarditis infections.
- You have published / you must publish : Gaztransport & Technigaz, Mersen, Bic, Lectra, Bureau Veritas, Nexans, Voltalia, Paragon ID, Groupe Crit, PCAS, Synergie, Nexity, Haulotte, Lumibird, Clariane, Believe, Egide, ID Logistics, Osmosun, Altheora, Groupe Berkem, Compagnie des Alpes…
In the big world
Company results (comments are direct and do not prejudge the performance of the securities, with the exception of post-session exchanges in the United States, which usually reflect the trend well)
- Alphabet stumbles 6% outside the session following its quarterly reports.
- ASM International exceeds its sales target thanks to its activities in China.
- Banco Santander reports higher than expected results.
- Beiersdorf is raising its sales forecast for 2023 thanks to solid results in the first nine months of the year.
- Deutsche Bank performed better than expected in the third quarter.
- Heineken confirms its forecasts, with the decrease in volumes being offset by the increase in prices.
- Microsoft rose 4% outside the session following its quarterly reports.
- Porsche AG confirms its annual forecast.
- Reckitt Benckiser plans £1bn share buyback after falling sales.
- Snap rose 24% after the out-of-session results.
- Symrise misses its sales estimates for the third quarter.
- Texas Instruments fell 4.6% outside the session after reporting quarterly results.
- Uniper clarifies its outlook for 2023.
- Visa is steady after quarterly results outside the session.
Important (and less important) announcements
- Apple is hosting a special event called “Scary Fast” on October 31st (ostensibly to unveil new Macs).
- On the eve of the publication of the results, Meta Platforms is shocked by the lawsuit filed by dozens of US states for endangering the mental health of young people.
- Infineon completes acquisition of GaN Systems for $830 million.
- VF Corp, which has already been pushed for change by Engaged Capital, is facing additional pressure from a second activist investor, Legion Partners Asset Management.
- Nvidia and Lenovo collaborate on hybrid AI solutions for enterprises.
- Enel sells shares in Chile for 525 million euros.
- Qualcomm is unveiling a new laptop chip with artificial intelligence capabilities for 2024.
- Pierer Mobility acquires an option to acquire a majority stake in MV Agusta.
- Top releases of the day: Air Liquide, Boeing, IBM, Heineken, Automatic Data Processing, General Dynamics Corporation, Thermo Fisher Scientific, Moody’s Corporation, Banco Santander, Canadian Pacific Kansas City Limited, CME Group, Meta Platforms, ServiceNow, Equinix, T -Mobile USA, Atlas Copco, LG Energy Solution, Porsche AG… The whole agenda here.
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