Earnings season. Roche, ASML, Verizon, BHP Group, Nextera, Heineken, Ericsson, Sartorius Stedim Biotech, Deutsche Börse, Antofagasta , Worldline, Akzo Nobel, Carrefour are among companies reporting their earnings today.
Carrefour, the French retailer, posted solid organic growth of 4.2% in Q1. At the same time, it announced a €500m share buyback plan.
Kering: Q1 sales jumped 26% thanks to the rebound of Gucci.
L' Oréal is to launch a €1.2bn share buyback programme in mid-June.
Nobel: Dutch chemical company posted adjusted earnings of €307m in Q1, up 43% year-on-year and ahead of market consensus.
ASML: the group ended Q1 with a net profit of €1.33bn, above market expectations. Revenue growth is expected to reach 30% this year, a significant increase on the previous estimate of "at least 10%".
BHP Group: iron ore production forecast to be at the top end of guidance in 2021.
Ericsson: the telecom equipment maker reported Q1 adjusted operating results of SEK5.3bn, against a consensus of SEK5bn.
Heineken: sales stabilized in Q1, which is better than analysts expected.
Netflix: the stock fell 8.7% in the after-hours after reporting results that were deemed disappointing in terms of new subscribers.
Roche: Q1 sales fell slightly to CHF14.93bn. The company is targeting 1-5% growth in sales excluding foreign exchange this year.
Zalando: preliminary Q1 results beat expectations.
Discord has reportedly finally rebuffed Microsoft's takeover offer, according to the Wall Street Journal.
Toshiba pushes back CVC's offer but is willing to talk.
Apple is dusting off its iMac and iPad lineup and launching paid podcasts.
Foxconn will ultimately invest only $672M, not $10B, in the Wisconsin plant promoted by Donald Trump.
CaixaBank to cut more than 8,000 jobs in Spain.
Anta Sports ' largest shareholder to sell $1.5bn of shares.
Landis+Gyr acquires software developer True Energy. WeWork introduces crypto-currencies as payment method. Blablacar valued at $2bn in a funding round. Key earnings releases.