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Dynamic quotes 
OFFON

Global markets live: Square, Adidas, Peloton Interactive...

05/07/2021 | 09:55am EDT

The last set of corporate results of the week, with some heavyweights including Square, Adidas, BMW and IAG. There are still plenty of target upgrades this morning. Among other news, Ericsson is burying the hatchet with Samsung and Walmart Health buys MeMD.

 

Key earnings releases. Siemens, Cigna, Fast Retailing, Enbridge, BMW, Adidas, Crédit Agricole, Macquarie...

 

  • Credit Agricole: earnings rose sharply in Q1. This is the group's best quarter since 2012.
  • Cigna raised its annual profit and revenue targets after a better-than-expected first quarter, relying on its Evernorth healthcare services business to drive growth amid COVID-19 uncertainty. In pre-market trading, the stock gained 0.8%.
  • Adidas: the German group raised its 2021 targets after the publication of its first quarter results.
  • AIG: the stock drops slightly after the session, following the release of Q1 results.
  • Beyond Meat: another disappointment on the group's results, whose share price fell by 7% after the session.
  • BMW: the carmaker confirmed its 2021 ambitions but warned that the rest of the year will probably be volatile.
  • Enel: the Italian energy company saw its revenues fall by 14.4% in Q1, which cut its net profit by 5.7%, which nevertheless reached €1.17bn.
  • International Consolidated Airlines: the parent company of British Airways and Iberia reported an operating loss of €1.1bn in Q1, in line with expectations.
  • Peloton Interactive: the good quarterly results give back some colour to the stock, which was severely attacked the day before yesterday after the affair of the dangerous treadmills.
  • Leonardo: the Italian electronics and defence group was slightly in the red in the first quarter, but sales are up and new orders are solid.
  • Siemens: on the sidelines of its Q1 results, the group raises its 2021 guidance.
  • Square is gaining 3.4% in pre-market trading after reporting quarterly profit on Thursday that was well above market expectations, as strong demand for bitcoin fueled a surge in cryptocurrency transactions on its Cash App payment service.
  • Peloton Interactive said Thursday that its quarterly revenue more than doubled in the first quarter, but estimated that a recall of its treadmills, which have been blamed for several household accidents and the death of a child, would result in about $165 million less revenue in the current quarter. The stock gained 6.6% in pre-market trading.
  • Pfizer and BioNTech deem patent release on Covid vaccines unnecessary.
  • International Business Machines unveils new energy-efficient miniature chip.
  • Ericsson ends patent dispute with Samsung.
  • Activist fund Sherborne sold its stake in Barclays.
  • Treadmill recalls will cost Peloton Interactive $165 million.
  • Sonova to buy Sennheiser's consumer division.
  • Walmart Health to buy MeMD.

© MarketScreener.com 2021
Stocks mentioned in the article
ChangeLast1st jan.
ABIONYX PHARMA 0.59% 1.03 Real-time Quote.4.15%
ADIDAS AG 1.76% 317.8 Delayed Quote.6.68%
AIGAN CO.,LTD. 0.89% 227 End-of-day quote.-0.87%
ATEME -1.56% 12.6 Real-time Quote.-24.37%
AUPLATA MINING GROUP - AMG 0.62% 0.098 Real-time Quote.-46.39%
BEYOND MEAT, INC. -1.22% 126.54 Delayed Quote.1.23%
BIONTECH SE 0.35% 281.96 Delayed Quote.245.88%
BMW AG 2.14% 85.55 Delayed Quote.18.44%
CARMAT 0.57% 26.6 Real-time Quote.-6.01%
CELLNEX TELECOM, S.A. 1.72% 55.54 Delayed Quote.29.97%
CELYAD ONCOLOGY SA 1.91% 4 Real-time Quote.-39.58%
CIGNA CORPORATION 0.28% 232.88 Delayed Quote.11.86%
CNOVA N.V. -5.15% 9.2 Real-time Quote.206.67%
CRÉDIT AGRICOLE S.A. 1.09% 11.672 Real-time Quote.13.10%
DELTA PLUS GROUP 2.46% 83.3 Real-time Quote.17.66%
EMOVA GROUP 3.59% 1.585 Real-time Quote.54.63%
ENBRIDGE INC. 0.39% 48.8 Delayed Quote.19.41%
ERICSSON 0.47% 101.96 Delayed Quote.4.42%
EURONEXT N.V. 0.11% 90.8 Real-time Quote.10.33%
EUROPCAR MOBILITY GROUP -0.39% 0.461 Real-time Quote.9.99%
FAST RETAILING CO., LTD. -0.90% 75120 End-of-day quote.-18.76%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 1.11% 159.95 End-of-day quote.15.20%
FLEURY MICHON 0.87% 23.3 Real-time Quote.-15.58%
INTERNATIONAL BUSINESS MACHINES CORPORATION 0.45% 141.34 Delayed Quote.12.28%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.29% 121.15 End-of-day quote.7.57%
MACQUARIE GROUP LIMITED 0.15% 157.7 End-of-day quote.13.88%
PELOTON INTERACTIVE, INC. 1.57% 121.55 Delayed Quote.-19.89%
PFIZER, INC. 0.51% 41.68 Delayed Quote.13.23%
RUBIS -0.30% 33.39 Real-time Quote.-12.09%
SAMSUNG ELECTRONICS CO., LTD. -0.50% 79300 End-of-day quote.-2.10%
SIEMENS AG 0.42% 134.56 Delayed Quote.14.50%
TECHNIP ENERGIES N.V. 1.39% 11.335 Real-time Quote.0.00%
WALMART INC. 0.82% 142.43 Delayed Quote.-1.19%