"Zonebourse: Your Daily Source for Global Stock Market News and Analysis"

2023-05-08 06:48:12

Every morning, the Zonebourse team identifies and summarizes the key information concerning listed companies around the world, to have the main news at the start of the stock market day. The content includes a section on France and the other on the main international markets, in particular American companies and those in large European markets (UK, Germany, Switzerland, Italy, Spain) and Asia-Pacific.

In France

Important (and less important) announcements

Vivendi obtains Spain’s approval to increase its stake in Prisa.
Alstom has appointed Bernard Delpit as the new Group Executive Vice President and Chief Financial Officer effective June 30.
S&P raised Verallia’s long-term issuer credit rating from “BB+” to “BBB-“, with a positive outlook. This increase marks the passage of the debt from the speculative category to the investment category.
Vallourec announces the return to full operation of the Pau Branco mine.
ABB announces its collaboration with Lhyfe and Skyborn on the SoutH2Port project.
John Textor becomes CEO of Olympique Lyonnais Groupe. Jean-Michel Aulas honorary president.
They have published / They must publish : Buy-Rent…

In the world

Company results (comments are given on the spot and do not prejudge the evolution of securities)

Almirall: Core profit reached €51.8m in Q1, slightly above expectations.
Berkshire Hathaway: quarterly operating profit exceeds $8 billion.
PostNL: operating profit finally slightly positive in Q1, at €7m.

Important (and less important) announcements

ISS recommends shareholders vote against Shell’s climate activists’ resolution.
HSBC shareholders block Ping An’s Asian split proposal and dividend policy change.
Assa Abloy is going to sell several brands to secure the American antitrust green light in connection with the takeover of Spectrum Brands for $4.3 billion.
Coty is considering a double listing in Paris (Adrien Chavanne just made a presentation of Coty last week here. Does he have inside information?.
Buffett says Apple is the best company in Berkshire’s portfolio.
US justice is investigating possible violations of Russian sanctions by Binance.
Pinduoduo denies the transfer of its head office to Ireland.
US justice is investigating insider trading by First Republic executives.
Pacwest soars 82% on Wall Street.
The main publications of the day: PayPal, Westpac, McKesson, KKR, Hoya, Marubeni, BioNtech… The whole agenda here.