$ | Procter & Gamble Q2 22 Earnings:
- Net Sales: $21.0B (est $20.35B)
- Core EPS $1.66 (est $1.65)
- Organic Rev: +6% (est +3.97%)
- Raises FY 2022 Sales & Cash Guidance
$ | Bank Of America Q4 21 Earnings:
- EPS: $0.82 (prev $0.76) - Rev: $22.06B (prev $22.23B)
- Equities Trading Rev. Ex-DVA: $1.37B (est $1.33B)
- Trading Revenue Ex-DVA: $2.93B (est $3.10B)
- Wealth & Investment MGMT Rev: $5.40B (est $5.38B)
[WISE.UK] Q3 Trading update: Q3 volume £20.6B v £15.0B y/y, Rev £149.8M v £111.9M y/y; Continue to expect the take rate to be slightly lower in H2 FY22
- Affirms FY22 gross margin 65-67%
- Take rate 0.73% v 0.75% y/y
Järelturu liikujad: CNXC +5% rises while OESX -16% declines on earnings/guidance.
CAIRO (Reuters) - Dubai's Emirates airline announced on Tuesday that it will suspend flights to several destinations in the United States as of Jan. 19 until further notice because of concerns over 5G mobile deployment.
(Reuters) -Ford Motor Co said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in Rivian Automotive Inc, following the electric-vehicle maker's blockbuster market debut in November.
ZURICH (Reuters) - A group of more than 100 billionaires and millionaires has issued a plea to political and business leaders convening virtually for the World Economic Forum: make us pay more tax. The group calling itself the "Patriotic Millionaires" said that the ultra-wealthy were not currently being forced to pay their share of the global economic recovery from the pandemic.
TOKYO (Reuters) - Asia's share markets struggled on Wednesday as U.S. Treasury yields hit fresh two-year highs and a global technology stock sell-off unsettled investors worrying about inflation and bracing for tighter U.S. monetary policy. Japan Nikkei -2.65%
(Reuters) - U.S. President Joe Biden will leave it to Congress to decide the rules on members trading stocks, White House spokeswoman Jen Psaki told a briefing on Tuesday, noting he had never done so when he was a senator.
(Reuters) - There is no evidence at present that healthy children and adolescents need booster doses of COVID-19 vaccine, the World Health Organization's chief scientist Soumya Swaminathan said on Tuesday. More research needs to be done to ascertain who needs booster doses.
$ Reports Q4 Net €4.39 v €3.78e, Rev €4.99B v €5.14Be; Expected impact of the fire in part of a building at Berlin site included into FY22 outlook - Guides Q1 Rev €3.3-3.5B; Gross Margin 49% - Guides FY22 Rev +20% y/y
GOLDMAN SACHS Q4 EPS USD 10.81 VS. ESTIMATE USD 11.77
GOLDMAN SACHS Q4 REVENUE USD 12,640 MILLION VS. ESTIMATE USD 12,100 MILLION
BABA | US Examining Alibaba's Cloud Unit For National Security Risks - RTRS Sources
$TSLA Said to be targeting 2022 deliveries of 1.5-2.0M units v 937K y/y and has opened bidding for EV camera modules - press (Tesla Inc)
WASHINGTON (Reuters) - A U.S. Senate panel is set on Thursday to debate a bill that aims to rein in app stores of companies that some lawmakers say exert too much market control, including Apple Inc (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL) Inc's Google.
BEIJING (Reuters) - Volkswagen (DE:VOWG_p) Group's China unit said on Tuesday its component factory in the northern Chinese city of Tianjin had resumed some shifts since Thursday last week.
WASHINGTON (Reuters) -The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis on Wednesday when AT&T (NYSE:T) and Verizon (NYSE:VZ) are set to deploy new 5G service.
The airlines warned the new C-Band 5G service could potentially make a significant number of widebody aircraft unusable and "could potentially strand tens of thousands of Americans overseas."
SINGAPORE (Reuters) -Oil prices rose more than $1 on Tuesday to a more than seven-year high on worries about possible supply disruptions after Yemen's Houthi group attacked the United Arab Emirates, escalating hostilities between the Iran-aligned group and a Saudi Arabian-led coalition.
SHANGHAI (Reuters) -China's central bank on Monday unexpectedly cut the borrowing costs of its medium-term loans for the first time since April 2020, while some market analysts expect more policy easing this year to cushion an economic slowdown.
US Retail Sales (M/M) Dec: -1.9% (est -0.1%; prev 0.3%) - US Retail Sales Ex. Auto (M/M) Dec: -2.3% (est 0.1%; prev 0.3%) - US Retail Sales Control Group (M/M) Dec: -3.1% (est 0.0%; prev -0.1%)
$ | Citigroup Q4 21 Earnings: - EPS: $1.46 (est $1.62) - Rev: $17.02B (est $16.80B) - FICC Sales & Trading Rev: $2.54B (est $2.69B)
$ Reports Q4 $1.38 v $1.09e, Rev $20.9B v $18.7Be (Wells Fargo & Company) - ROA 1.17% v 1.04% y/y - ROE 12.8% v 11.1% y/y - Net interest margin 2.11% v 2.03% y/y
$ Reports Q4 $3.33 v $2.98e, Managed Rev $30.4B v $29.9Be (JPMorgan Chase & Co) - Assets under Management (AUM) $3.1T v $2.7T y/y
$ Reports Q4 $10.42 v $10.15e, Rev $5.11B v $5.19Be (BlackRock Inc) - AUM $10.01T v $9.85Te, +15% y/y - Op margin adj 45.5% v 46.6% y/y - Total long-term net inflows $169B v $98.0B q/q
Järelturu liikujad: SAM -7.9% falls on lowered guidance; SAP +3% and PRO +1.3% higher on upside guidance.
(Reuters) -German business software group SAP on Thursday said fourth-quarter revenue from its cloud computing business jumped 28% as more customers shift their IT operations to its cloud business database.
Cloud revenue climbed to 2.61 billion euros ($2.99 billion) in the fourth quarter ended Dec. 31, the company reported in a preliminary earnings statement.
*(US) INITIAL JOBLESS CLAIMS: 230K V 200KE; CONTINUING CLAIMS: 1.56M V 1.73ME
*(US) DEC PPI FINAL DEMAND M/M: 0.2% V 0.4%E; Y/Y: 9.7% V 9.8%E
Delta Air Lines 4Q Adjusted EPS Misses Estimates - Adjusted EPS 22c, estimate 23c - Adjusted revenue $8.43 billion, estimate $8.45 billion
$ Reports Q4 (NT$) Net 166.2B v 142.8B y/y; Op 182.8B v 157.1B y/y; Rev 438.2B v 361.5B y/y (Taiwan Semiconductor Manufacturing Company Limited) - Guides Q1 Rev $16.6-17.2B, Gross Margin 53-55%, Op Margin 42-44%
Järelturu liikujad:KBH +4.9% higher on earnings; ESTC -6.3% announces mgmt shake-up; COIN +2.3% acquires FairX
(Reuters) - Controlling inflation that has spiked to nearly a 40-year high is the "most important task" facing the Federal Reserve right now, Fed Governor Lael Brainard said in prepared remarks for a Senate hearing on Thursday on her nomination to become vice chair of the U.S. central bank.
NEW YORK (Reuters) - U.S. companies will post results in the coming weeks on the final quarter of 2021 as investors worry about inflation's impact on earnings and pressure on the Federal Reserve to speed up the timeline for kicking off interest rate hikes.
(Reuters) - With inflation running at its highest in nearly 40 years, U.S. central bankers are coalescing around a plan to start tapping the brakes on economic growth as soon as March, with further monetary policy tightening likely as the year goes on.
(Bloomberg) -- China detected omicron in a second major port city, deepening concern of a wider outbreak at Beijing’s doorstep and raising the prospect that more foreign businesses might follow Toyota Motor (NYSE:TM) Corp. in halting operations along the northeastern coast.
WASHINGTON (Reuters) - U.S. consumer prices increased solidly in December as rental accommodation and used cars maintained their strong gains, culminating in the largest annual rise in inflation in nearly four decades, which bolstered expectations that the Federal Reserve will start raising interest rates as early as March.
US CPI (M/M) Dec: 0.5% (est 0.4%; prev 0.8%) - CPI (Y/Y) Dec: 7.0% (est 7.0%; prev 6.8%) - Core CPI (M/M) Dec: 0.6% (est 0.5%; prev 0.8%) - Core CPI (Y/Y) Dec: 5.5% (est 5.4%; prev 4.9%)
$ Reports Q4 $1.36 v $1.11 y/y, Rev $1.81B v $1.86B y/y; Raises Quarterly dividend 20% to $0.30 from $0.25 (indicated yield 2.9%) (Jefferies Financial Group Inc)
Järelturu liikujad: BIIB -7.1% falls as Medicare reportedly to limit coverage for Aduhelm; LLY -1.7% down in sympathy; SRLP +7.3% gets takeout bid
(Reuters) - The average transaction price of new vehicles in the United States shot up nearly 14% in December from the previous year, driven by strong sales of luxury vehicles, auto industry consultancy Kelley Blue Book said in a report on Tuesday.
(Reuters) - Quebec, Canada's second most populous province, is planning to force adults refusing to get COVID-19 vaccinated pay a "health contribution" in a move likely to spur a debate about individual rights and social responsibility.
(Bloomberg) -- China’s inflation pressures moderated in December as commodity prices and food costs slid, giving policy makers scope to cut interest rates to cushion the economy’s downturn.
The producer price index rose 10.3% from a year earlier, down from November’s 12.9%, while the consumer price index increased 1.5%, compared with 2.3% in November. Both came in lower than economists’ expected.
(Reuters) - U.S. consumer inflation data is due later in the global day, with headline CPI seen coming in at a red-hot 7% on a year-on-year basis, boosting the case for an early increase in rates.
SYDNEY (Reuters) - Stocks and commodities rose in relief and the dollar hit a six-week low on Wednesday, after Federal Reserve Chair Jerome Powell sounded less hawkish than expected in testimony to Congress, as he charts a path out of pandemic policy settings.
Tesla China sales reached a record 70,847 units in December, up 197.6 percent from a year ago and up 34 percent from 52,859 units in November, according to data released today by the China Passenger Car Association (CPCA).
Järelturu liikujad: NARI +10.3%, ANF +7%, PI +4.2%, ILMN +2.5%; although BIG -5.8% guided lower; INTC +2.5% higher as it snaps up rival CFO.
WASHINGTON (Reuters) - A U.S. Senate committee holds hearings this week for Federal Reserve Chair Jerome Powell and vice chair nominee Lael Brainard that could provide new details about the U.S. central bank's plans to tighten monetary policy, but also kick off a broader debate in coming weeks about its role in addressing issues as disparate as climate change and racial inequality.
(Bloomberg) -- The drumbeat for the Federal Reserve to implement four quarter-point interest-rate hikes this year is growing -- and with the pace that markets have been moving, there’s a possibility that traders soon look to protect themselves against the risk of even faster policy tightening.
(Reuters) - Rivian Automotive Inc produced 1,015 vehicles by the end of 2021, the Amazon-backed electric pickup truck maker reported in a filing on Monday, in line with its lowered expectations.
Last month, Rivian said it expected production to be "a few hundred vehicles short" of its 2021 target of 1,200 because of supply chain constraints.
The company delivered 920 vehicles by the end of 2021, according to the filing.
(Reuters) - The United States reported at least 1.13 million new coronavirus infections on Monday, according to a Reuters tally, the highest daily total of any country in the world as the spread of the highly contagious Omicron variant showed no signs of slowing.
BEIJING (Reuters) -Volkswagen AG sold 70,625 of its ID electric vehicles in China last year, missing its goal of selling 80,000 to 100,000 cars, the company said on Tuesday.
"It was a pretty difficult year for us as a group." the German automaker's China chief Stephan Wollenstein said.
Supply chain constraints, including a global chip shortage, impacted production and were factors that contributed to Volkswagen (DE:VOWG_p) failing to reach its ID sales goal, Wollenstein added.