Liveblog Archief donderdag 30 juli 2020

7 liveblog items op donderdag 30 juli 2020.

Do 30 jul. 2020, 14:32

Marktcijfers

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Do 30 jul. 2020, 14:19

Markt snapshot Wall Street vandaag

TOP NEWS
Big Tech results move center stage after Congressional bruising
Four of the United States' big tech firms, accounting for nearly a fifth of the S&P 500's total value, report results on Thursday on the heels of a bruising Congressional hearing to look into alleged abuse of their global dominance.
J&J starts human safety trial for its COVID-19 vaccine candidate
Johnson & Johnson kicked off U.S. human safety trials for its COVID-19 vaccine after releasing details of a study in monkeys that showed its best-performing vaccine candidate offered strong protection in a single dose.
Google's $2.1 billion Fitbit deal faces EU antitrust probe -sources
Google's $2.1 billion bid for fitness tracker maker Fitbit will face a full-scale EU antitrust investigation next week, people familiar with the matter said.
Eli Lilly raises 2020 profit forecast after second-quarter profit beats
Eli Lilly raised its full-year profit forecast after increased demand for its diabetes drug, Trulicity, helped it beat second-quarter profit expectations.
UPS profit beats on e-commerce surge, shares jump
United Parcel Service topped Wall Street estimates for quarterly profit and revenue as the COVID-19 pandemic led to a surge in home deliveries and healthcare shipments.​


BEFORE THE BELL
Wall Street futures fell ahead of the second quarter U.S. GDP data, which is likely to confirm that the COVID-19 pandemic caused the steepest pace of economic contraction since the Great Depression. European equities were down after dismal earnings reports and weaker-than-expected German GDP data. Asian shares ended in the red. The dollar index edged higher, while gold dropped. Oil prices were down as coronavirus infections surged. Apple, Amazon, Alphabet and Facebook are scheduled to report their results after the closing bell.​


STOCKS TO WATCH
Results
Agnico Eagle Mines Ltd (AEM). The Canadian miner raised the low-end of its production outlook for the year, benefiting from a surge in gold prices and a ramp up in operations after coronavirus-led shutdowns. The miner now expects full-year gold output in the range of 1.68 million to 1.73 million ounces, compared with its previous forecast of 1.63 to 1.73 million ounces. Net income rose nearly four-fold to $105.3 million, or 43 cents per share, in the second quarter ended June 30. Excluding items, it earned 18 cents per share, missing analysts' estimate of 20 cents. The company's gold production fell about 20% to 331,064 ounces in the quarter.
Ambev SA (ABEV). The Brazilian beverages firm reported a 51.4% tumble in second-quarter net profit as the coronavirus pandemic weighed on sales and volumes in most regions while financial expenses also took a toll. The company said net income fell to 1.27 billion reais in the quarter ended on June 30 from 2.6 billion a year earlier, according to a securities filing. Quarterly net revenue fell 4.4% to 11.6 billion reais, while volumes fell by 9.2% to 33.5 million hectoliters. Adjusted earnings before interest, taxes, depreciation, and amortization of over 3.35 billion reais were down 28.6%.
Anheuser-Busch InBev NV (BUD). The maker of Budweiser, Corona and Stella Artois said it was encouraged by a global beer sales recovery in June after suffering a sharp slide in second-quarter earnings and swallowing a $2.5 billion impairment charge in Africa. The Belgium-based company said overall beer volumes had fallen by 17% and core profit by 34% to $3.41 billion on a like-for-like basis, which was better than declines of 23% and 36% in a company-compiled poll. A significant recovery in Mexico and South Africa, year-on-year growth in Brazil and record volumes in China in June, resulted in beer sales growth of 0.7% from a year earlier.
Apache Corp (APA). The oil and gas producer reported a smaller-than-expected quarterly loss on Wednesday and said it made a third oil discovery offshore Suriname, sending its shares up 17% after hours. To cushion the hit from lower production and prices, Apache cut its quarterly expenses by 43%. Apache posted a loss of 74 cents per share, helped by the cost savings, while analysts were expecting a loss of $1.01 per share. The company's net loss attributable to common stock widened to $386 million, or $1.02 per share, in the second quarter ended June 30, from $360 million, or 96 cents per share, posted a year earlier.
Apollo Global Management Inc (APO). the buyout firm said its second-quarter distributable earnings fell 11% on-year, weighed down by slower asset sales in its private equity and real estate businesses. Apollo said distributable earnings fell to $205.2 million from $230.8 million a year earlier. Apollo's fee-related earnings rose to $259 million from $239 million in the second quarter, driven by the addition of AUM in Apollo's credit business. Apollo declared a quarterly dividend of 49 cents per share.​
ArcelorMittal SA (MT). The world's largest steelmaker reported higher than expected second quarter earnings and said its core markets were showing signs of recovery, albeit from exceptionally low levels. Net debt fell to $7.8 billion at the end of June from $9.5 billion at the end of March, the lowest since ArcelorMittal's creation in 2006 and closing in on its target of $7 billion. Second-quarter core profit this year came in at $707 million, beating an average forecast in a company poll of $482 million.
Archer Daniels Midland Co (ADM). The agricultural merchant beat expectations for quarterly earnings on Wednesday, as it benefited from higher margins in its grain trading and oilseeds business. The company said adjusted operating profit in the agriculture services and oilseeds unit, its biggest, rose 14% to $413 million in the second quarter. Its nutrition business was another bright spot, with a 35% jump in adjusted operating profit. Excluding one-time items, ADM earned 85 cents per share, beating analysts' average estimate of 51 cents.
AstraZeneca PLC (AZN). The British drugmaker said on Thursday that good data was coming in so far on its vaccine for COVID-19, already in large-scale human trials and widely seen as the front-runner in the race for a shot against the novel coronavirus. Shares of London's most valuable listed company rose after product sales of $6.05 billion in the three months ended June 30 surpassed analysts' consensus of $6.01 billion. Among drugs with better-than-expected revenues, sales of respiratory drug Symbicort rose 12% to $653 million, about $90 million above consensus, while revenue from cancer drug Lynparza jumped 62% to $554 million. Core earnings of 96 cents per share beat analysts' expectation of 93 cents. Total revenue rose 11%.
Banco Bilbao Vizcaya Argentaria SA (BBVA). The Spanish bank reported a 50% slump in second-quarter net profit on one-off charges related to the COVID-19 pandemic and a weak performance in its business in Mexico, the bank's main market. BBVA made net profit of 636 million euros ($747.4 million) in the April to June period, beating a 573 million euro forecast from analysts. Overall, BBVA's net interest income (NII) fell in the quarter almost 10% year-on-year, while total revenues fell 5.7%. BBVA said its cost of risk fell in June to 151 basis points compared to 257 bps at end-March.
Banco Bradesco SA (BBD). The Brazilian lender reported a 40.1% drop in second-quarter profit on increased multi-billion provisions for bad loans. The company reported a recurring net income, which excludes one-off items, of 3.873 billion reais versus 6.462 billion reais a year earlier and 10.3% below an estimate of 4.316 billion based on analysts. The bank set aside 3.8 billion reais and 747 million reais in extraordinary provisions to face expected COVID 19-related loan and insurance losses, respectively. Total loan-loss provisions rose 155% from a year earlier, to 8.9 billion reais.
Carlyle Group Inc (CG). The company reported a smaller-than-expected 7% on-year drop in second-quarter distributable earnings, as profits in its private equity and credit divisions partly offset declines in real estate and energy businesses. Carlyle said distributable earnings (DE) fell to $198.4 million from $213.4 million a year earlier. The company said its corporate private equity funds appreciated by 13% in the quarter, while credit funds rose by 8%. Its real estate funds and natural resources funds rose by 2% and 3% respectively. Carlyle said its total assets under management was $221 billion at the end of June, up from $217 billion in the prior quarter.
Cigna Corp (CI). The company beat quarterly profit estimates, helped by lower medical costs from delayed surgeries and robust sales in its unit that includes the Express Scripts pharmacy benefits business. The company continues to see full-year sales of $154 billion to $156 billion and adjusted profit from operations between $18 and $18.60 per share. Sales in its health services segment rose nearly 22% to $28.6 billion in the reported quarter from a year earlier. Excluding items, the company reported a profit of $5.81 per share in the quarter ended June 30, beating estimates of $5.15 per share. Net income rose to $1.75 billion, or $4.73 per share, from $1.41 billion, or $3.70 per share. Adjusted revenues grew to $39.21 billion, topping estimates of $37.75 billion.
Comcast Corp (CMCSA). The company reported second-quarter revenue that beat expectations, as strong sign-ups for broadband offset weaker advertising sales at cable networks and broadcast TV. In the three months, Comcast gained 323,000 broadband subscribers, beating analysts’ average estimate of 247,000 net additions, according to research firm FactSet. Revenue from the business grew 7.2% to $5 billion. Comcast’s NBCUniversal segment, which includes NBC Entertainment and Universal Pictures, reported revenue of $6.12 billion, down 25.4% from a year earlier. Comcast reported second-quarter revenue of $23.72 billion, beating the Wall Street consensus estimate of $23.57 billion. Net income attributable to Comcast fell to $2.99 billion, or 65 cents per share, from $3.13 billion, or 68 cents per share, a year earlier.​
Companhia Brasileira de Distribuicao (CBD). Brazilian food retailer GPA reported a 20.3% slide in second-quarter net income on Wednesday, largely reflecting non-continuing operations, despite stronger sales following the acquisition of Colombian's Exito and customer stockpiling amid the coronavirus pandemic. The company said its consolidated net profit for operations in Brazil, Argentina, Colombia and Uruguay hit 333 million reais. Consolidated gross revenue jumped by 61.1% in the quarter ended June 30 to 22.9billion reais. Sales of the company's food e-commerce surged 272% compared with the second-quarter of 2019. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) reached 1.542 billion reais, up 83.2% from a year ago, with the adjusted Ebitda margin rising to 7.6% from 6.6%.
Concho Resources Inc (CXO). The oil and gas producer posted a bigger quarterly loss on Wednesday, hurt by a sharp decline in crude prices as the COVID-19 pandemic hammered global demand for the commodity and its refined products. Concho posted an adjusted profit of $1.13 per share, beating analysts' average estimates of 46 cents per share. Controllable costs fell $7.49 per boe, down 25% from last year. The company's net loss widened to $435 million, or $2.23 per share, in the second quarter ended June 30, from $97 million, or 48 cents per share, a year earlier.
Credit Suisse Group AG (CS). The Swiss bank said that it was wrapping its global markets and investment banking divisions into a single unit, as Chief Executive Thomas Gottstein puts his first major strategic stamp on the bank. The bank also posted a 24% rise in second-quarter net profit to 1.162 billion Swiss francs, blowing past the mean estimate for 700 million Swiss francs in the bank's own poll of analysts. The bank posted a 71% rise in profit at its global markets division, fuelled by a 42% jump in fixed income revenue. The investment bank's profit also jumped, with a strong rise in earnings across debt and equity underwriting as well as from advising on M&A deals.
DuPont De Nemours Inc (DD). The company reported a bigger second-quarter loss and wrote down the value of its automotive business by $2.5 billion as the industrial materials giant struggles with a prolonged weakness in one of its biggest markets. Net loss available to shareholders, which included the hefty charge, was $2.48 billion, or $3.37 per share, in the three months ended June 30 compared to a loss of $571 million, or 76 cents per share, a year earlier. On an adjusted basis, DuPont posted earnings of 70 cents per share, handily beating 59 cents estimated by analysts. The company reported sales of $4.8 billion, just above estimates of $4.7 billion.
Eli Lilly and Co (LLY). The company raised its full-year profit forecast after increased demand for its diabetes drug, Trulicity, helped it beat second-quarter profit expectations. The company raised its 2020 adjusted earnings forecast to between $7.20 and $7.40 per share, from its prior range of $6.70 to $6.90 per share. On an adjusted basis, Lilly earned $1.89 per share, beating estimates of $1.56 per share. Revenue fell 2.4% to $5.50 billion.​
Eni SpA (E). The Italian company cut its dividend and announced further spending cuts after swinging to an adjusted net loss in what it described as the oil and gas industry's worst-ever quarter. Eni, which had already flagged asset writedowns for the period, reported an adjusted net loss of 714 million euros in the second quarter from a profit of 562 million euros a year earlier. It said it would cut costs and investments to the tune of 8 billion euros in the next four years.
Linde PLC (LIN). The industrial gas producer reported better-than-expected quarterly earnings, saying higher operating margins helped offset the decline in volumes caused by the coronavirus pandemic. The company said its second-quarter sales were $6.38 billion, coming above the average analyst expectations of $6.29 billion. For the full year, Linde now forecasts adjusted diluted earnings per share to rise between 4% and 6%.
Lloyds Banking Group PLC (LYG). The UK's biggest domestic bank swung to a rare pretax loss in the first half of 2020, after setting aside a bigger than expected 2.4 billion pounds second-quarter provision to cover a potential hike in bad loans due to the coronavirus. The fresh charge pushed Lloyds' provisions for the first half to 3.8 billion pounds, resulting in a pretax loss of 602 million pounds. The company's net interest margin sunk by 20 basis points to 2.59% in the three months to end-June. Income for the half-year fell by 16% to 7.4 billion pounds in line with expectations.
Orange SA (ORAN). The French telecoms group cut its core operating profit guidance and failed to provide a definitive update on its full-year dividend policy, sending its shares lower. The Paris-based group, whose second-quarter core operating profit was in line with market expectations, now sees full-year core operating profits falling by 1%. The company's overall second-quarter sales dropped 0.4% to 10.4 billion euros, while core operating profits over the period were down by 1.8% as COVID-triggered lockdowns in Europe drove costs higher and led to a loss in lucrative roaming fees.
Newmont Corp (NEM). The gold miner topped analysts' estimates for quarterly profit, benefiting from a surge in bullion prices as the COVID-19 pandemic and rising Sino-U.S. tensions boosted demand for safer assets. Newmont's averaged realized gold price jumped about 31% to $1,724 per ounce in the second quarter ended June 30. Its attributable gold production, however, fell 21% to 1.26 million ounces. On a per share basis, its profit of 32 cents was just above Wall Street expectations of 31 cents.​
PayPal Holdings Inc (PYPL). The payments processor said on Wednesday that a surge in e-commerce transactions and new accounts that drove quarterly profits 86% higher was continuing and would support additional investments in mobile-payment tools. The company processed $222 billion in payments over the period, up 30% from a year earlier. The company added 21.3 million accounts during the quarter, up 137% from a year earlier. Net income increased to $1.53 billion, or $1.29 per share, in the quarter ended June 30, from $823 million, or 69 cents per share, a year earlier. Revenue increased 25% to $5.26 billion, topping the average analyst estimate of $5.0 billion.
Qualcomm Inc (QCOM). The chipmaker on Wednesday forecast fourth-quarter revenue largely above Wall Street expectations, powered by sales of its chips used in 5G devices and reaching a settlement with Huawei. Qualcomm said it expects current-quarter adjusted revenue of between $5.5 billion and $6.3 billion, compared with analysts' estimates of $5.78 billion. Qualcomm said licensing revenue in the segment was $1 billion, well above estimates of $851 million. Revenue from its chip segment was $3.80 billion, compared with estimates of $3.90 billion. The company said it shipped 130 million chips capable of wireless data connections, compared with estimates of 134.7 million.
Royal Dutch Shell PLC (RDSA). The company avoided its first quarterly loss in recent history, helped by a booming trading business, but announced nearly $17 billion in impairment charges reflecting a pessimistic outlook for oil and gas prices. It booked an overall impairment charge of $16.8 billion in the quarter after lowering its short-term oil and gas price outlook in the wake of the epidemic. Shell's adjusted earnings in the second quarter fell to $600 million from $3.5 billion a year ago, beating analysts forecasts of a $674 million loss. Shell's oil and gas production division, or upstream, made a loss of $6.7 billion as production declined by 7% from a year earlier to 2.415 million barrels of oil equivalent per day.
Telefonica SA (TEF). The Spanish company posted sharply lower quarterly earnings as measures to contain the coronavirus sapped demand for services including roaming and handset sales. Shares fell as much as 3% in early trade, underperforming Spain's blue-chip index, after reported revenue and core earnings before depreciation and amortisation (OIBDA) slumped 14.8% and 25.3% respectively year on year. Unfavourable foreign exchange movements, particularly for its Brazilian business, had a cumulative impact on OIBDA of 6.7 percentage points.
TIM Participacoes SA (TSU). The Brazilian telecom firm reported on Wednesday 23.9% drop in second-quarter net income compared with the same period a year ago, after being adjusted for tax credits and other factors. The company said adjusted quarterly net profit totaled 260 million reais. Adjusted earnings before interest, taxes, depreciation and amortization, grew by 0.9% year-on-year to 1.98 billion reais. Brazil's third-largest wireless carrier reported a net revenue of 3.99 billion reais in the quarter ended on June 30, down 6.5% from a year ago. Adjusted operational expenses fell by 12.8% to 2.01 billion reais.
Total SE (TOT). The French energy major reported a 96% fall in second-quarter net profit to $126 million, exceeding expectations for a sharp loss, and said it would maintain its dividend. The market had expected Total to report a net loss for the quarter of around $520 million. Total said its cash flow from operations fell 44% to $3.47 billion, but its adjusted net income was positive and its gearing was under control. Total's oil and gas production during the quarter fell 4% to 2.85 million barrels of oil equivalent per day.
United Parcel Service Inc (UPS). The package delivery firm topped Wall Street estimates for quarterly profit and revenue as the COVID-19 pandemic led to a surge in home deliveries and healthcare shipments. Demand for domestic residential delivery surged in the quarter, driving consumer shipments up 65.2%, the company said. Atlanta-based UPS said net income rose 4.7% to $1.77 billion in the quarter ended June 30. Excluding items, the company earned $2.13 per share, beating estimates of $1.07 per share. Revenue rose 13.4% to $20.46 billion, beating estimates of $17.48 billion.​
Vale SA (VALE). The Brazilian mining giant said on Wednesday it will resume dividend payments to shareholders, suspended since a deadly dam burst in January 2019, as it reported second-quarter profit rocketed amid a surge in iron ore prices. Announced in a separate filing, Vale's second-quarter net profit came in at $995 million, more than four times higher than $239 million the previous quarter. The result fell short of an analyst estimate of $1.51 billion. Vale's board also approved on Wednesday an interest on equity payment of 1.41 reais per share, to be paid on Aug. 7.
Valero Energy Corp (VLO). The refiner reported an adjusted second-quarter loss, compared to a year-ago profit, as stringent COVID-19 lockdown measures dented demand for its products. Valero's throughput, the amount of crude oil processed by its refineries, dropped 22% to 2.3 million barrels per day, while refining margins slumped 58% to $1.08 billion in the quarter ended June 30. Excluding items, Valero lost $1.25 per share. Analysts on average had expected the company to post a loss of $1.41 per share. The company reported adjusted net loss attributable of $504 million, or $1.25 per share compared with adjusted net income of $665 million, or $1.60 per share, in the year-ago period.​

IPOs
Li Auto Inc (LI). The Chinese electric vehicle maker is set to raise $1.1 billion in its initial public offering (IPO) in New York after selling shares to investors for more than it expected, people familiar with the matter said on Wednesday. Li Auto priced 95 million shares at $11.5 per share, the sources said. The IPO values Li Auto at around $10 billion. Private equity firm Hillhouse Capital agreed to invest $300 million in the company as part of the IPO, the company said in a regulatory filing. Goldman Sachs, Morgan Stanley, UBS and CICC were among the underwriters for the IPO.

In Other News
Alphabet Inc (GOOGL) & Fitbit Inc (FIT). Google's $2.1 billion bid for fitness tracker maker Fitbit will face a full-scale EU antitrust investigation next week, people familiar with the matter said. The European Commission, which will launch the probe following the end of its preliminary review on Aug. 4, is expected to make use of the four-month long investigation to explore in depth the use of data in healthcare, one of the people said. The Commission declined to comment. Google reiterated previous comments, saying the deal is about devices and not data.
Apache Corp (APA) & Total SE (TOT). Apache and its joint venture partner Total said on Wednesday they made their third oil discovery offshore Suriname, sending Apache's shares up 14% in after-market trading. "This is the best well we've drilled in the basin to date, with the highest net pay in the best quality reservoirs," Apache Chief Executive Officer John Christmann said. The third major find was at the Kwaskwasi-1 well drilled offshore Suriname in Block 58, which comprises 1.4 million acres. Apache and Total each hold a 50% working interest in Block 58, with the U.S. producer as the operator.
Apple Inc (AAPL) & Amazon.com Inc (AMZN). As the companies worked toward a high-profile distribution deal at least a couple of years ago, one proposal on the table was for Apple to have "competing ads removed from search" results on Amazon, according to documents released on Wednesday from a U.S. House of Representatives investigation. Investigators for the House Judiciary Committee's antitrust panel asked for documents related to the deal, turning up a slide presentation marked "Apple Confidential" that appeared to discuss principles and proposed terms. Among them was that Amazon would have a "Differentiated Apple Customer Experience" that would include "competing ads removed from search," product detail pages and checkout pages, according to the document. It proposed that ad treatment would be the same "as for Amazon products."
BlackRock Inc (BLK). Any potential conflicts that may arise from having investment giant BlackRock buy corporate bonds and commercial mortgages on behalf of the Federal Reserve are being managed "extremely carefully," Fed Chair Jerome Powell said. "BlackRock is just our agent," Powell said at a virtual news conference following the Fed's two-day meeting. "We make the policy decisions in conjunction with our colleagues and they just execute our plans." "I think their conflicts are managed extremely carefully in the contractual arrangement that we have with them," Powell said.
Eastman Kodak Co (KODK). Shares of the company jumped more than 300% on Wednesday as retail traders on Robinhood Markets piled into the stock a day after the U.S. government said the company would get a $765 million loan to produce pharmaceutical ingredients. More than 78,500 users of the popular Robinhood trading app bought Kodak shares on Wednesday, according to the website Robintrack.net. Shares of Kodak, known for its cameras and imaging business, closed at $25.26 on Wednesday afternoon, up from a closing price of $2.62 two days earlier. Meanwhile, the company's CEO Jim Continenza added $79 million to his net worth when his options in the imaging company turned from worthless to lucrative thanks to a U.S. government loan for a pharmaceutical ingredients supply deal that super-charged the value of his shares.
Facebook Inc (FB). The company's Chief Executive Mark Zuckerberg stumbled at a congressional hearing on alleged abuse of market power on Wednesday, as lawmakers confronted the social media titan with damaging internal emails about the company's acquisitions. The House Judiciary Committee's antitrust panel appeared to draw on a rich trove of Facebook company emails, releasing numerous screenshots of correspondence from Zuckerberg and other Facebook executives. Using the exchanges, lawmakers got Zuckerberg to acknowledge that he saw photo-sharing app Instagram and messaging app WhatsApp as competitors when Facebook acquired them. Separately, organizers of a Facebook advertising boycott said the campaign would "not go away" until their concerns were addressed and they would ask advertisers in Europe to join their cause.
Hercules Capital Inc (HTGC). The former chief executive of the specialty finance lender was sentenced on Wednesday to six months in prison for paying $450,000 to help his daughters gain an unfair edge in the college admissions process. Federal prosecutors in Boston say Manuel Henriquez and his wife, Elizabeth Henriquez, sought to rig their two daughters' college entrance exam results and secure the older one's admission to Georgetown University in Washington as a fake tennis recruit. U.S. District Judge Nathaniel Gorton said a message needed to be sent to other "over-the-top wealthy" millionaires who think the law does not apply to them. He also ordered the 56-year-old to pay a $200,000 fine.
International Business Machines Corp (IBM). The tech firm launched a research partnership with Japanese industry to accelerate advances in quantum computing, deepening ties between the two countries in an emerging and sensitive field. Members of the new group, which includes Toshiba and Hitachi, will gain cloud-based access to IBM's U.S. quantum computers. The group will also have access to a quantum computer, known as IBM Q System One, which IBM expects to set up in Japan in the first half of next year. "We're trying to build a quantum industry," Dario Gil, director of IBM Research, told Reuters. "It's going to take these large scale efforts."
Johnson & Johnson (JNJ). The company kicked off U.S. human safety trials for its COVID-19 vaccine after releasing details of a study in monkeys that showed its best-performing vaccine candidate offered strong protection in a single dose. When exposed to the virus, six out of six animals who got the candidate vaccine were completely protected from lung disease and five out of six were protected from infection as measured by the presence of virus in nasal swabs, according to the study published in the journal Nature. "This gives us confidence that we can test a single-shot vaccine in this epidemic and learn whether it has a protective effect in humans," Dr. Paul Stoffels, J&J's chief scientific officer, told Reuters in a telephone interview.
MGM Resorts International (MGM). The casino operator said acting Chief Executive Officer and President William Hornbuckle has been named as the permanent appointee for the roles, with the appointment coming as the company confronts the coronavirus crisis. MGM Resorts said in a statement that Hornbuckle has also been appointed to serve on the company's board. "After a thorough national search, the board unanimously concluded that Bill is the best candidate to lead MGM Resorts through these immensely challenging times and into a more promising future," Paul Salem, chairman of the company's board, said late Wednesday.
Raytheon Technologies Corp (RTN) & Lockheed Martin Corp (LMT). Raytheon is lobbying Japanese lawmakers to replace Lockheed Martin Corp as the supplier of powerful radars as Tokyo reconsiders plans for two Aegis Ashore missile defence sites, three sources said. "It's game on," said one of the sources, who has direct knowledge of Raytheon's lobbying campaign. Raytheon's pitch includes a proposal to put its SPY-6 radar on refitted destroyers, as the U.S. Navy plans to do. The company says that would save money and time as Japan tackles new missile threats, drones and stealth aircraft.
Snap Inc (SNAP). The social media company on Wednesday pledged to double the number of minorities and women staff in its tech teams. Women represented 32.9% of Snap's global workforce in 2019, but make up only 16.1% of its tech teams, the company said in its first annual diversity report. The social media company said that gender balance within its tech teams remained low and it will double the number of women in tech roles by 2023. "We are determined to do what it takes to improve these numbers, because behind the numbers are real people," Snap said in the report.
Tesla Inc (TSLA). Panasonic plans to boost the energy density of "2170" battery cells it supplies to Tesla by 20% in five years and commercialize a cobalt-free version "in two to three years", the head of its U.S. EV battery business said. With an even higher density, these cells could help increase how much an EV can run on a single charge, while also paving the way for smaller batteries and roomier car interiors. From September, the firm will start converting lines at its factory in Nevada that it operates with Tesla as it prepares to further boost the energy density of the cells, Takamoto said.
Uber Technologies Inc (UBER). The ride-hailing company halted a plan to move its Asian headquarters to Hong Kong in another business blow for the Chinese-ruled city, choosing to extend its stay in Singapore until at least December 2022. Uber said its decision to delay the move, mooted in May, was based on a lack of progress on ridesharing regulations. It declined comment on the security law unveiled last month. "We have seen strong public support for reform, but not the level of certainty from the government that we need," Uber said in a statement.
United Airlines Holdings Inc (UAL). The airlines on Wednesday extended a deadline for most employees to decide whether to take voluntary furlough deals to Aug. 10, as it waits to see if the U.S. Congress extends an airline bailout in the first week of August. United announced the extension in a memo to employees seen by Reuters, adding that it was working with unions, which are lobbying U.S. lawmakers for an extension of the bailout that would prevent voluntary furloughs and delay impact on employees until early 2021. United confirmed the memo and declined to comment further. Most employees had previously faced a Thursday deadline to decide whether to apply to leave.


INSIGHT
Anti-Amazon campaigners in France team up to say “non” to firm’s expansion
At his veterinary practice near the French city of Lyon one morning in June, Gilles Renevier prepared to perform a castration on a poodle. When not attending to animals, he turns to his other role: attempting to neuter the expansion ambitions of Amazon.com. Renevier leads a group of local volunteers that has succeeded in suspending construction at a site that campaigners and a senior local official say is earmarked to become a logistics hub for the online retailer.


ANALYSTS' RECOMMENDATION
Anthem Inc (ANTM). Cowen and Company raises target price to $330 from $325, citing strong second-quarter results.
Celanese Corp (CE). JPMorgan raises target price to $110 from $83, reflecting on the company's decision to sell its Polyplastics joint-venture with Daicel to Daicel for $1.3 billion by the end of 2020.
Cognizant Technology Solutions Corp (CTSH). RBC raises target price to $75 from $68, citing strong second-quarter results that beat estimates.
Eaton Corporation Plc (ETN). Credit Suisse raises target price to $102 from $94, after the company announced a multi-year restructuring program.
Shopify Inc (SHOP). Canaccord Genuity raises price target to $1,000 from $700, citing a 71% increase in creation of new stores sequentially on its platform as merchants raced to get their businesses online in response to shelter-in-place directives. ​


ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0830 GDP advance for Q2: Expected -34.1%; Prior -5.0%
0830 GDP deflator advance for Q2: Expected 1.1%; Prior 1.6%
0830 Core PCE prices advance for Q2: Expected 1.0%; Prior 1.7%
0830 PCE prices advance for Q2: Prior 1.3%
0830 Initial jobless claim: Expected 1,450,000; Prior 1,416,000
0830 Jobless claim 4 week average: Prior 1,360,250
0830 Continued jobless claim: Expected 16.200 mln; Prior 16.197 mln​


COMPANIES REPORTING RESULTS
A. O. Smith Corp (AOS). Expected Q2 earnings of 42 cents per share
Alphabet Inc (GOOGL). Expected Q2 earnings of $8.21 per share
Amazon.com Inc (AMZN). Expected Q2 earnings of $1.46 per share
American Tower Corp (AMT). Expected Q2 earnings of $1.03 per share
Apple Inc (AAPL). Expected Q3 earnings of $2.04 per share
Aptiv PLC (APTV). Expected Q2 loss of $1.37 per share
Arthur J Gallagher & Co (AJG). Expected Q2 earnings of 72 cents per share
Baxter International Inc (BAX). Expected Q2 earnings of 71 cents per share
Cabot Oil & Gas Corp (COG). Expected Q2 earnings of 2 cents per share
DaVita Inc (DVA). Expected Q2 earnings of $1.30 per share
Electronic Arts Inc (EA). Expected Q1 earnings of 79 cents per share
Eversource Energy (ES). Expected Q2 earnings of 76 cents per share
Expedia Group Inc (EXPE). Expected Q2 loss of $3.34 per share
Facebook Inc (FB). Expected Q2 earnings of $1.39 per share
Ford Motor Co (F). Expected Q2 loss of $1.17 per share
Genuine Parts Co (GPC). Expected Q2 earnings of 93 cents per share
Gilead Sciences Inc (GILD). Expected Q2 earnings of $1.45 per share
HanesBrands Inc (HBI). Expected Q2 loss of 7 cents per share
Hartford Financial Services Group Inc (HIG). Expected Q2 earnings of $1.22 per share
Host Hotels & Resorts Inc (HST). Expected Q2 loss of 51 cents per share
Intercontinental Exchange Inc (ICE). Expected Q2 earnings of $1.04 per share
International Paper Co (IP). Expected Q2 earnings of 39 cents per share
Kellogg Co (K). Expected Q2 earnings of 94 cents per share
Kraft Heinz Co (KHC). Expected Q2 earnings of 65 cents per share
LKQ Corp (LKQ). Expected Q2 earnings of 16 cents per share
Marsh & McLennan Companies Inc (MMC). Expected Q2 earnings of $1.13 per share
Masco Corp (MAS). Expected Q2 earnings of 67 cents per share
Mastercard Inc (MA). Expected Q2 earnings of $1.16 per share
Mettler-Toledo International Inc (MTD). Expected Q2 earnings of $4.20 per share
MGM Resorts International (MGM). Expected Q2 loss of $1.69 per share
Molson Coors Beverage Co (TAP). Expected Q2 earnings of 68 cents per share
Moody's Corp (MCO). Expected Q2 earnings of $2.21 per share
Old Dominion Freight Line Inc (ODFL). Expected Q2 earnings of $1.07 per share
Southern Co (SO). Expected Q2 earnings of 67 cents per share
Stryker Corp (SYK). Expected Q2 earnings of 55 cents per share
Teleflex Inc (TFX). Expected Q2 earnings of $1.25 per share
Vertex Pharmaceuticals Inc (VRTX). Expected Q2 earnings of $2.07 per share
Waste Management Inc (WM). Expected Q2 earnings of 81 cents per share
Willis Towers Watson PLC (WLTW). Expected Q2 earnings of $1.63 per share
Xilinx Inc (XLNX). Expected Q1 earnings of 56 cents per share
Xylem Inc (XYL). Expected Q2 earnings of 39 cents per share


CORPORATE EVENTS (All timings in U.S. Eastern Time)
0800 Alexion Pharmaceuticals Inc (ALXN). Q2 earnings conference call
0800 Archer-Daniels-Midland Co (ADM). Q2 earnings conference call
0800 Clarivate Plc (CCC). Q2 earnings conference call
0800 DuPont de Nemours Inc (DD). Q2 earnings conference call
0800 Elanco Animal Health Inc (ELAN). Q2 earnings conference call
0800 Keurig Dr Pepper Inc (KDP). Q2 earnings conference call
0800 LKQ Corp (LKQ). Q2 earnings conference call
0800 Sirius XM Holdings Inc (SIRI). Q2 earnings conference call
0800 Stanley Black & Decker Inc (SWK). Q2 earnings conference call
0800 Teleflex Inc (TFX). Q2 earnings conference call
0800 Textron Inc (TXT). Q2 earnings conference call
0815 Raymond James Financial Inc (RJF). Q3 earnings conference call
0815 Yum! Brands Inc (YUM). Q2 earnings conference call
0830 American Tower Corp (AMT). Q2 earnings conference call
0830 Baxter International Inc (BAX). Q2 earnings conference call
0830 Carlyle Group Inc (CG). Q2 earnings conference call
0830 Cigna Corp (CI). Q2 earnings conference call
0830 Comcast Corp (CMCSA). Q2 earnings conference call
0830 HanesBrands Inc (HBI). Q2 earnings conference call
0830 Intercontinental Exchange Inc (ICE). Q2 earnings conference call
0830 Kraft Heinz Co (KHC). Q2 earnings conference call
0830 Marsh & McLennan Companies Inc (MMC). Q2 earnings conference call
0830 MKS Instruments Inc (MKSI). Q2 earnings conference call
0830 MSA Safety Inc (MSA). Q2 earnings conference call
0830 Procter & Gamble Co (PG). Q4 earnings conference call
0830 Repligen Corp (RGEN). Q2 earnings conference call
0830 United Parcel Service Inc (UPS). Q2 earnings conference call
0900 Ameriprise Financial Inc (AMP). Q2 earnings conference call
0900 Annaly Capital Management Inc (NLY). Q2 earnings conference call
0900 Carrier Global Corp (CARR). Q2 earnings conference call
0900 Churchill Downs Inc (CHDN). Q2 earnings conference call
0900 Concho Resources Inc (CXO). Q2 earnings conference call
0900 Eli Lilly and Co (LLY). Q2 earnings conference call
0900 Generac Holdings Inc (GNRC). Q2 earnings conference call
0900 Masco Corp (MAS). Q2 earnings conference call
0900 Mastercard Inc (MA). Q2 earnings conference call
0900 Newmont Corporation (NEM). Q2 earnings conference call
0900 Northrop Grumman Corp (NOC). Q2 earnings conference call
0900 Oshkosh Corp (OSK). Q3 earnings conference call
0900 Service Corporation International (SCI). Q2 earnings conference call
0900 Tradeweb Markets Inc (TW). Q2 earnings conference call
0900 Xylem Inc (XYL). Q2 earnings conference call
0930 Brown-Forman Corp (BFb). Annual Shareholders Meeting
0930 Kellogg Co (K). Q2 earnings conference call
0930 Ralph Lauren Corp (RL). Annual Shareholders Meeting
1000 A. O. Smith Corp (AOS). Q2 earnings conference call
1000 AGCO Corp (AGCO). Q2 earnings conference call
1000 Apollo Global Management Inc (APO). Q2 earnings conference call
1000 Chemed Corp (CHE). Q2 earnings conference call
1000 Hubbell Inc (HUBB). Q2 earnings conference call
1000 International Paper Co (IP). Q2 earnings conference call
1000 Linde PLC (LIN). Q2 earnings conference call
1000 Mid-America Apartment Communities Inc (MAA). Q2 earnings conference call
1000 Old Dominion Freight Line Inc (ODFL). Q2 earnings conference call
1000 Tyler Technologies Inc (TYL). Q2 earnings conference call
1000 Valero Energy Corp (VLO). Q2 earnings conference call
1000 VICI Properties Inc (VICI). Q2 earnings conference call
1000 Waste Management Inc (WM). Q2 earnings conference call
1000 WEX Inc (WEX). Q2 earnings conference call
1000 Xcel Energy Inc (XEL). Q2 earnings conference call
1030 Crown Castle International Corp (CCI). Q2 earnings conference call
1100 Apache Corp (APA). Q2 earnings conference call
1100 Brunswick Corp (BC). Q2 earnings conference call
1100 Cullen/Frost Bankers Inc (CFR). Q2 earnings conference call
1100 CyrusOne Inc (CONE). Q2 earnings conference call
1100 Genuine Parts Co (GPC). Q2 earnings conference call
1100 Molson Coors Beverage Co (TAP). Q2 earnings conference call
1100 O'Reilly Automotive Inc (ORLY). Q2 earnings conference call
1100 PG&E Corp (PCG). Q2 earnings conference call
1100 Tetra Tech Inc (TTEK). Q3 earnings conference call
1100 United Rentals Inc (URI). Q2 earnings conference call
1130 Moody's Corp (MCO). Q2 earnings conference call
1200 ConocoPhillips (COP). Q2 earnings conference call
1200 CoreSite Realty Corp (COR). Q2 earnings conference call
1300 Arrow Electronics Inc (ARW). Q2 earnings conference call
1300 Avalonbay Communities Inc (AVB). Q2 earnings conference call
1300 Kilroy Realty Corp (KRC). Q2 earnings conference call
1300 Southern Co (SO). Q2 earnings conference call
1330 Magellan Midstream Partners LP (MMP). Q2 earnings conference call
1500 Duke Realty Corp (DRE). Q2 earnings conference call
1500 NewMarket Corp (NEU). Q2 earnings conference call
1630 Alphabet Inc (GOOGL). Q2 earnings conference call
1630 Altice USA Inc (ATUS). Q2 earnings conference call
1630 Deckers Outdoor Corp (DECK). Q1 earnings conference call
1630 Expedia Group Inc (EXPE). Q2 earnings conference call
1630 Gilead Sciences Inc (GILD). Q2 earnings conference call
1630 Idacorp Inc (IDA). Q2 earnings conference call
1630 Proofpoint Inc (PFPT). Q2 earnings conference call
1630 Seattle Genetics Inc (SGEN). Q2 earnings conference call
1630 Stryker Corp (SYK). Q2 earnings conference call
1630 Tandem Diabetes Care Inc (TNDM). Q2 earnings conference call
1700 Apple Inc (AAPL). Q3 earnings conference call
1700 Columbia Sportswear Co (COLM). Q2 earnings conference call
1700 Credit Acceptance Corp (CACC). Q2 earnings conference call
1700 DaVita Inc (DVA). Q2 earnings conference call
1700 Electronic Arts Inc (EA). Q1 earnings conference call
1700 Emergent BioSolutions Inc (EBS). Q2 earnings conference call
1700 Exact Sciences Corp (EXAS). Q2 earnings conference call
1700 Floor & Decor Holdings Inc (FND). Q2 earnings conference call
1700 Ford Motor Co (F). Q2 earnings conference call
1700 LPL Financial Holdings Inc (LPLA). Q2 earnings conference call
1700 Mettler-Toledo International Inc (MTD). Q2 earnings conference call
1700 MGM Resorts International (MGM). Q2 earnings conference call
1700 National Instruments Corp (NATI). Q2 earnings conference call
1700 Quidel Corp (QDEL). Q2 earnings conference call
1700 RealPage Inc (RP). Q2 earnings conference call
1700 Ultragenyx Pharmaceutical Inc (RARE). Q2 earnings conference call
1700 Xilinx Inc (XLNX). Q1 earnings conference call
1700 Zendesk Inc (ZEN). Q2 earnings conference call
1715 Arthur J Gallagher & Co (AJG). Q2 earnings conference call
1730 Amazon.com Inc (AMZN). Q2 earnings conference call
1730 Vertex Pharmaceuticals Inc (VRTX). Q2 earnings conference call
1800 Bio Rad Laboratories Inc (BIO). Q2 earnings conference call
1800 Facebook Inc (FB). Q2 earnings conference call​


EXDIVIDENDS
A. O. Smith Corp (AOS). Amount $0.24
AGNC Investment Corp (AGNC). Amount $0.12
Alliant Energy Corp (LNT). Amount $0.38
Ally Financial Inc (ALLY). Amount $0.19
Costco Wholesale Corp (COST). Amount $0.70
DuPont de Nemours Inc (DD). Amount $0.30
Morgan Stanley (MS). Amount $0.35
National Retail Properties Inc (NNN). Amount $0.52
NiSource Inc (NI). Amount $0.21
Omega Healthcare Investors Inc (OHI). Amount $0.67
Pfizer Inc (PFE). Amount $0.38
Signature Bank (SBNY). Amount $0.56
STAG Industrial Inc (STAG). Amount $0.12
Texas Instruments Inc (TXN). Amount $0.90

Do 30 jul. 2020, 10:11

ASML, ASM Int, Adyen en Ahold Delhaize

Het is weer tijd voor de Don­derdag col­umn. In de col­umn van van­daag bespreek ik achtereen­vol­gens ASML, ASM Inter­na­tion­al, Adyen en Ahold Del­haize. Ik houd deze vol­go­rde pre­cies aan en tegen het eind van de col­umn zult u zien waarom!Zonder uit­s­tel kijken we als eerste naar ASML. Boven de rode…

Lees verder »
Do 30 jul. 2020, 10:07

Marktcijfers

Actueel Verwacht Vorige
DEU DEU: Duitse BBP (Kwartaal) (Q2) 10:00 -10,1% -9,0% -2,0% Actueel: -10,1% Verwacht: -9,0% Vorige: -2,0%
Do 30 jul. 2020, 09:58

Marktcijfers

Actueel Verwacht Vorige
DEU DEU: Duitse Werkloosheidswijziging (Jul) 09:55 -18K 43K 68K Actueel: -18K Verwacht: 43K Vorige: 68K
Do 30 jul. 2020, 07:29

Wake-up call: BIG Tech aan de beurt vanavond

Goedemorgen
Even kijken wat de FED gisteren aangaf, dat is iets wat belangrijk is voor het vervolg ... De FED deed in feite niet zoveel bijzonders gisteren, van de leenprogramma’s werd er volgens Powell tot nu toe minder gebruik gemaakt dan werd verwacht door dat de financiële markten onverwacht weer goed op gang kwamen. Wel worden de leenfaciliteiten van de FED verlengd tot het einde van het jaar om ervoor te zorgen dat bedrijven alsnog kunnen aankloppen indien nodig als er problemen ontstaan door corona. De hulp moet er zijn totdat we er zeker van zijn dat de economische problemen achter ons liggen. Verder zei Powell dat de economie in de VS de klap door corona nog lang niet te boven is desondanks de financiële markten en de arbeidsmarkt weer aantrekken. De investeringen blijven echter wel aan de lage kant en in sommige delen van het land worden er weer de nodige maatregelen genomen om de verspreiding tegen te gaan wat ook weer invloed zal hebben op de economie.

Volgens mij kan de FED niet zoveel meer doen dan wat ze van plan waren om te doen, de enorme geldinjectie zorgde voor wat stabilisatie en bracht de rente omlaag tot de 0-0,25% range, dat zorgt ervoor dat beleggers geen andere weg zien om te investeren in aandelen hetgeen de beurzen weer bracht waar ze stonden en zelfs hoger bij de populaire grote technologie bedrijven. Obligaties zijn niet meer renderend door de lage rente, dan maar de dure aandelen kopen zo lijkt het. Je helpt er de rijken uiteraard mee maar daar schieten de mensen van Main Street niet mee op want die moeten de touwtjes aaneen knopen. Met andere woorden, het geld vloeit naar plekken waar het in feite niet nodig is en waar er gevaar (meer risico) in zit en dat blijft toch gevaarlijk.

De beurs reageerde er positief op gezien alle indices wat hoger weten te sluiten, op zich schieten we deze week nog amper op met de markten, deze week staat de Dow Jones nog zo goed als vlak maar de S&P 500 en de Nasdaq weten wel wat winst te boeken. De nadruk zal vooral liggen op de cijfers die er komen vanavond, die van de grote 3 Apple, Google en Amazon en toevallig moesten deze 3 bedrijven zich samen met Facebook melden bij het congres over hun monopolie positie ten opzichte van de concurrentie. Uiteraard liet Trump er zich ook over uit gisteren door te melden dat als het congres niets doet hij het wel zal doen, valt allemaal nog te bezien maar het is wel een feit dat deze tech-reuzen de markt bepalen zowel in de vorm van anti-concurrentie als op het gebeid van hun beurswaarde.

Dan Europa, de DAX en de AEX sloten iets lager gisteren in tegenstelling met Wall Street, het komt uiteraard door dat de dollar goedkoper werd en gisteren al even de 1,18 bereikte ten opzichte van de euro. Dat zorgt ervoor dat Europa en andere landen duurder worden dan de VS wat betreft productie en export, dat speelt dan ook deels in de kaart van de VS en dan zie je vaker dat Wall Street het beter doet dan Europa. De euro zakt wel iets terug vandaag. De AEX ligt nu een beetje vast aan de onderkant en kan net nog de zone 560-565 blijven vasthouden. De DAX die een week geleden nog tot de 13.300 opliep zien we nu rondom de 12.800 punten bewegen met weinig animo om door te trekken richting de toppen van vorige week. Ook hier in Europa waar we dus met een dure euro zitten wacht men op de cijfers van de grote 3 vanavond nabeurs. Daarna zien we wel of de koers van Amazon, Apple en Google rond de huidige niveau's terecht of onterecht worden bevonden door beleggers. Vanavond kan er in ieder geval veel beweging in zitten, welke kant op blijft de grote vraag. Het risico om daarop in te spelen is voor mij te groot, je kunt goed zitten en behoorlijk wat winst maken (Nasdaq positie) of je zit niet goed en je verliest makkelijk €400 tot €500 en mogelijk meer via posities met een hefboom (per €1000 per positie). We gaan dat niet doen, ik kijk het eerst even aan en we gaan na dat we meer weten wel wat doen.

De maand augustus zal ik bij de les blijven, deze maand viel eigenlijk mee want het verlies bleef beperkt. Wel verwacht ik in augustus meer kansen om goed te kunnen scoren en dat hoeft niet eens met veel in en uitstap momenten. We beginnen er mogelijk morgen al mee, tegen dan weten we wat we moeten weten en daar kan ik daar op gaan handelen. Zorg dat u erbij bent en dat kan via de aanbieding die loopt tot 1 OKTOBER voor slechts €39 ...

Schrijf u meteen in via de link https://www.usmarkets.nl/tradershop en mis de eerste signalen niet. We plaatsen u dan meteen op onze ledenlijst ...

Tot straks ... Guy

A do 30 jul. 2020, 11:21 Als je continue aangeeft dat de waarderingen te hoog zijn, waarom dan juist nu niet short?
Do 30 jul. 2020, 07:09

Markt snapshot Europa vandaag

GLOBAL TOP NEWS
The surge in U.S. coronavirus cases is beginning to weigh on economic activity, the head of the Federal Reserve said, and he promised the U.S. central bank would "do what we can, and for as long as it takes," to limit damage and boost growth.

Google and Facebook took particularly sharp jabs for alleged abuse of their market power from Democrats and Republicans in a much-anticipated congressional hearing that put four of America's most prominent tech CEOs in the hot seat.

The Trump administration is readying a new initiative that would use financial incentives to encourage U.S. firms to move production facilities out of Asia and into the United States, Latin America and the Caribbean, a senior White House adviser said.


EUROPEAN COMPANY NEWS
Airbus announced a fresh cut in production of its A350 long-range jet as it posted a larger-than-expected second-quarter loss amid the coronavirus crisis.

Standard Chartered posted a 33% fall in its first-half profit, as the bank boosted its credit impairment charges by six-fold as a result of the COVID-19 pandemic and economic downturn in its main markets.

LafargeHolcim said it saw a recovery in construction markets in June after the coronavirus pandemic battered its sales and profit during the second quarter.


TODAY'S COMPANY ANNOUNCEMENTS
A2A SpA HY 2020 Earnings Call
Acciona SA HY 2020 Earnings Call
Airbus SE HY 2020 Earnings Call
Altice Europe NV Q2 2020 Earnings Release
AMAG Austria Metall AG HY 2020 Earnings Call
Angling Direct PLC Annual Shareholders Meeting
Anglo American PLC HY 2020 Earnings Release
Anheuser Busch Inbev NV Q2 2020 Earnings Call
Anima Holding SpA HY 2020 Earnings Call
Aptiv PLC Q2 2020 Earnings Call
ArcelorMittal SA Q2 2020 Earnings Call
argenx SE HY 2020 Earnings Call
Arkema SA HY 2020 Earnings Call
AstraZeneca PLC Q2 2020 Earnings Release
Atlassian Corporation PLC Q4 2020 Earnings Release
Atresmedia Corporacion de Medios de Comunicacion SA HY 2020 Earnings Call
Autogrill SpA HY 2020 Earnings Call
BAE Systems PLC HY 2020 Earnings Release
Banco Bilbao Vizcaya Argentaria SA Q2 2020 Earnings Call
Bigben Interactive SA Annual Shareholders Meeting
Bmo Global Smaller Companies PLC Annual Shareholders Meeting
Card Factory PLC Annual Shareholders Meeting
Carmila SA HY 2020 Earnings Call
Cerved Group SpA Q2 2020 Earnings Call
Clariant AG HY 2020 Earnings Call
CMC Markets PLC Annual Shareholders Meeting
CNH Industrial NV Q2 2020 Earnings Call
Cofinimmo SA Q2 2020 Earnings Release
Compagnie de Saint Gobain SA HY 2020 Earnings Release
Cosmo Pharmaceuticals NV HY 2020 Earnings Call
Covestro AG Annual Shareholders Meeting
Credit Suisse Group AG Q2 2020 Earnings Call
d'Amico International Shipping SA Q2 2020 Earnings Call
Danone SA HY 2020 Earnings Call
DDM Holding AG Q2 2020 Earnings Call
Deutsche Boerse AG Q2 2020 Earnings Call
DiaSorin SpA Q2 2020 Earnings Call
DNO ASA HY 2020 Earnings Release
Duerr AG Preliminary Q2 2020 Earnings Call
Electricite de France SA HY 2020 Earnings Call
EnBW Energie Baden Wuerttemberg AG Q2 2020 Earnings Release
Eni SpA Q2 2020 Earnings Call
Equiniti Group PLC HY 2020 Earnings Call
Euronext NV Q2 2020 Earnings Call
Ferrovial SA HY 2020 Earnings Release
Fresenius Medical Care AG & Co KGaA Q2 2020 Earnings Call
Fresenius SE & Co KGaA Q2 2020 Earnings Call
Fuchs Petrolub SE Q2 2020 Earnings Call
Gabelli Value Plus + Trust PLC Annual Shareholders Meeting
Gaztransport et Technigaz SA HY 2020 Earnings Call
Goco Group PLC HY 2020 Earnings Call
Greencoat UK Wind PLC HY 2020 Earnings Call
Grenke AG Q2 2020 Earnings Call
Groep Brussel Lambert NV Q2 2020 Earnings Release
Grupo Catalana Occidente SA HY 2020 Earnings Release
Harvest Technology PLC Annual Shareholders Meeting
HeidelbergCement AG HY 2020 Earnings Call
Highland Gold Mining Ltd Annual Shareholders Meeting
Inchcape PLC HY 2020 Earnings Call
Indivior PLC HY 2020 Earnings Release
Intertrust NV HY 2020 Earnings Call
Jazz Pharmaceuticals PLC Annual Shareholders Meeting
JCDecaux SA HY 2020 Earnings Call
Jeronimo Martins SGPS SA HY 2020 Earnings Call
Kardex Holding AG HY 2020 Earnings Call
Kion Group AG Q2 2020 Earnings Call
Klepierre SA HY 2020 Earnings Call
Krones AG Q2 2020 Earnings Call
LafargeHolcim Ltd HY 2020 Earnings Call
Lagardere SCA HY 2020 Earnings Release
L'Air Liquide Societe Anonyme pour l'Etude et l'Exploitation des Procedes Georges Claude SA HY 2020 Earnings Call
Lastminute.com NV HY 2020 Earnings Call
Leonardo SpA Q2 2020 Earnings Call
Liberbank SA Q2 2020 Earnings Call
Lloyds Banking Group PLC HY 2020 Earnings Release
London & Associated Properties PLC Annual Shareholders Meeting
London Stock Exchange Group PLC HY 2020 Earnings Release
L'Oreal SA HY 2020 Earnings Release
MagnaChip Semiconductor Corp Q2 2020 Earnings Release
Man Group PLC HY 2020 Earnings Call
Materialise NV Q2 2020 Earnings Release
Mediobanca Banca di Credito Finanziario SpA Q4 2020 Earnings Release
Melia Hotels International SA HY 2020 Earnings Release
MERLIN Properties SOCIMI SA HY 2020 Earnings Call
Metsa Board Oyj Q2 2020 Earnings Release
Millicom International Cellular SA Q2 2020 Earnings Release
Morgan Advanced Materials PLC HY 2020 Earnings Release
Nacon SASU Annual Shareholders Meeting
Navigator Company SA HY 2020 Earnings Call
Navios Maritime Acquisition Corp Q2 2020 Earnings Call
Nebelhornbahn AG Annual Shareholders Meeting
Nestle SA HY 2020 Earnings Call
NH Hotel Group SA HY 2020 Earnings Call
Norcros PLC Annual Shareholders Meeting
Novabase SGPS SA HY 2020 Earnings Release
Novocure Ltd Q2 2020 Earnings Call
Ontex Group NV HY 2020 Earnings Call
Onthemarket PLC Annual Shareholders Meeting
Palfinger AG Q2 2020 Earnings Call
Panoply Holdings PLC Full Year 2020 Earnings Call
Pargesa Holding SA Q2 2020 Earnings Release
Pferdewetten de AG Annual Shareholders Meeting
Prysmian SpA HY 2020 Earnings Call
R Stahl AG Annual Shareholders Meeting
Rai Way SpA HY 2020 Earnings Call
Rational AG HY 2020 Earnings Call
Recordati Industria Chimica e Farmaceutica SpA Q2 2020 Earnings Call
Ren Redes Energeticas Nacionais SGPS SA HY 2020 Earnings Call
Renault SA HY 2020 Earnings Call
Royal Dutch Shell PLC Q2 2020 Earnings Release
RSA Insurance Group PLC HY 2020 Earnings Call
Sacyr SA HY 2020 Earnings Release
Schroders PLC HY 2020 Earnings Call
Siemens Gamesa Renewable Energy SA Q3 2020 Earnings Call
Siltronic AG Q2 2020 Earnings Call
Snam SpA Q2 2020 Earnings Call
Societa Cattolica di Assicurazione Sc Shareholders Meeting
Standard Chartered PLC HY 2020 Earnings Call
Stobart Group Ltd Annual Shareholders Meeting
Takkt AG HY 2020 Earnings Call
Tarkett SA Q2 2020 Earnings Call
Technicolor SA HY 2020 Earnings Release
TechnipFMC PLC Q2 2020 Earnings Call
Telefonica SA HY 2020 Earnings Call
Telenet Group Holding NV Q2 2020 Earnings Call
Titan Cement Company SA Q2 2020 Earnings Call
TMT Investments PLC Annual Shareholders Meeting
Total SE HY 2020 Earnings Call
Transocean Ltd Q2 2020 Earnings Call
Ukrproduct Group Ltd Annual Shareholders Meeting
Veolia Environnement SA HY 2020 Earnings Call
Verbund AG Q2 2020 Earnings Release
Vesuvius PLC HY 2020 Earnings Release
Vicat SA HY 2020 Earnings Release
Viscofan SA HY 2020 Earnings Release
Vivendi SA HY 2020 Earnings Release
Volex PLC Annual Shareholders Meeting
Volkswagen AG HY 2020 Earnings Call
Wacker Chemie AG Q2 2020 Earnings Call
Willis Towers Watson PLC Q2 2020 Earnings Call​


ECONOMIC EVENTS (All times GMT)
0645 France Producer Prices mm for Jun: Prior -0.1%
0645 (approx.) France Producer Prices yy for Jun: Prior -4.1%
0700 Germany SN State CPI mm for Jul: Prior 0.6%
0700 Germany SN State CPI yy for Jul: Prior 1.0%
0700 Spain HICP Flash yy for Jul: Expected -0.2%; Prior -0.3%
0700 (approx.) Spain CPI yy Flash NSA for Jul: Expected -0.3%; Prior -0.3%
0700 (approx.) Spain HICP Flash mm for Jul: Expected -1.1%; Prior 0.4%
0700 (approx.) Spain CPI mm Flash NSA for Jul: Expected -0.55%; Prior 0.50%
0700 (approx.) Spain CPI Flash NSA for Jul: Prior 104.466
0700 Switzerland KOF Indicator for Jul: Expected 75.0; Prior 59.4
0700 Austria GDP Growth qq Prelim for Q2: Expected -11.8%; Prior -2.6%
0700 Austria PPI mm for Jun: Prior -0.5%
0700 Austria PPI yy for Jun: Prior -2.7%
0755 Germany Unemployment Chabge SA for Jul: Expected 43,000; Prior 69,000
0755 Germany Unemployment Total NSA for Jul: Prior 2.853 mln
0755 Germany Unemployment Rate SA for Jul: Expected 6.5%; Prior 6.4%
0755 Germany Unemployment Total SA for Jul: Prior 2.943 mln
0800 (approx.) Germany BB State CPI mm for Jul: Prior 0.7%
0800 (approx.) Germany BB State CPI yy for Jul: Prior 1.0%
0800 (approx.) Germany BW State CPI mm for Jul: Prior 0.5%
0800 (approx.) Germany BW State CPI yy for Jul: Prior 0.8%
0800 Germany BY State CPI mm for Jul: Prior 0.6%
0800 Germany BY State CPI yy for Jul: Prior 0.8%
0800 (approx.) Germany GDP Flash qq SA for Q2: Expected -9.0%; Prior -2.2%
0800 (approx.) Germany GDP Flash yy NSA for Q2: Expected -10.9%; Prior -1.9%
0800 (approx.) Germany GDP Flash yy SA for Q2: Expected -11.3%; Prior -2.3%
0800 (approx.) Germany HE State CPI mm for Jul: Prior 0.6%
0800 (approx.) Germany HE State CPI yy for Jul: Prior 0.8%
0800 Italy Unemployment Rate for Jun: Expected 8.6%; Prior 7.8%
0830 (approx.) Germany NW State CPI mm for Jul: Prior 0.6%
0830 (approx.) Germany NW State CPI yy for Jul: Prior 0.9%
0830 (approx.) Portugal Business Confidence for Jul: Prior -4.40
0830 (approx.) Portugal Consumer Confidence for Jul: Prior -33.10
0900 (approx.) Euro Zone Business Climate for Jul: Prior -2.26
0900 Euro Zone Economic Sentiment for Jul: Expected 81.0; Prior 75.7
0900 Euro Zone Industrial Sentiment for Jul: Expected -17.0; Prior -21.7
0900 Euro Zone Services Sentiment for Jul: Expected -25.0; Prior -35.6
0900 Euro Zone Consumer Confidence Final for Jul: Expected -15.0; Prior -15.0
0900 Euro Zone Consumer Inflation Expectation for Jul: Prior 21.6
0900 Euro Zone Selling Price Expectation for Jul: Prior -4.4
0900 Euro Zone Unemployment Rate for Jun: Expected 7.7%; Prior 7.4%
0930 (approx.) Belgium CPI mm for Jul: Prior 0.06%
0930 (approx.) Belgium CPI yy for Jul: Prior 0.60%
1200 (approx.) Germany CPI Prelim mm for Jul: Expected -0.2%; Prior 0.6%
1200 (approx.) Germany CPI Prelim yy for Jul: Expected 0.2%; Prior 0.9%
1200 (approx.) Germany HICP Prelim mm for Jul: Expected -0.2%; Prior 0.7%
1200 (approx.) Germany HICP Prelim yy for Jul: Expected 0.4%; Prior 0.8%
1300 Belgium GDP qq for Q2: Expected -12.0%; Prior -3.6%