- Rubis (BYN TH) +2.7%
- HSBC (HBC1 TH) +2.3%
- HSBC Announces $2 Billion Buyback After Strong Profit Beat (1)
- BT (BTQ TH) +1.8%
- ASR Nederland (A16 TH) +1.7%
- Glencore (8GC TH) +1.6%
- Watch Copper-Tied Stocks in Europe as Metal Gains on GS Report
- Reckitt (3RB TH) +1.5%
- Ahold Delhaize (AHOG TH) +1.5%
- Ahold Delhaize Nominates New CFO
- Anglo American (NGLB TH) +1.3%
- Rio Tinto (RIO1 TH) +1.2%
- Watch Copper-Tied Stocks in Europe as Metal Gains on GS Report
- Air France-KLM (AFR TH) +1.1%
- Zalando (ZAL TH) -0.9%
- ChatGPT Legal Issues Emerge —- As more businesses adopt the AI tech, scrutiny grows into data privacy, security
- Renault (RNL TH) -0.9%
- News 18: Renault Kiger RXT (O) Trim Gets New Features, Priced at Rs 7.99 Lakh in India
- Vodafone (VODI TH) -1.1%
- Shell (R6C0 TH) -1.2%
- BP Slows Pace of Share Buybacks as First-Quarter Profit Dips
- Orange (FTE TH) -1.3%
- TotalEnergies (TOTB TH) -1.7%
- France’s TotalEnergies to Buy LNG from UAE Under $1 Billion Deal
- Sabadell (BDSB TH) -2.1%
- Sanofi (SNW TH) -2.1%
- AMS-Osram (DQW1 TH) -6.9%
- AMS-Osram 2Q Revenue Forecast Misses Estimates
- Infineon (IFX TH) +1.3%
- Bernstein Intl Strategic Equities Adds Infineon, Exits MUFG
- Mercedes (MBG TH) +1%
- Vonovia (VNA TH) +0.7%
- VW (VOW3 TH) +0.6%
- Commerzbank (CBK TH) -0.5%
- Merck KGaA (MRK TH) -0.6%
- Adtran Holdings (QH9 TH) +2.8%
- United Internet (UTDI TH) +0.8%
- TAG Immobilien (TEG TH) +0.6%
- Evotec SE (EVT TH) +0.6%
- Puma (PUM TH) +0.5%
- Lufthansa (LHA TH) -0.5%
- Telefonica Deutschland (O2D TH) -0.5%
- ProSieben (PSM TH) -1.8%
- Stabilus (STM TH) -2.3%
- Stabilus 2Q Adjusted Ebit Meets Estimates
- SGL (SGL TH) +3.4%
- SGL Raised to Buy at Deutsche Bank; PT 13 euros
- Software AG (SOW TH) +3%
- Florida SBA Backs Software AG on 6 of 8 Proposals at May 17 AGM
- Zeal Network (TIMA TH) +2.4%
- Shop Apotheke (SAE TH) +2.3%
- Shop Apotheke 1Q Adjusted Ebitda EU8.76M Vs. Loss EU4.28M Y/y
- PNE AG (PNE3 TH) +1.8%
- Heidelberger Druck (HDD TH) -0.9%
- Hochtief (HOT TH) -0.9%
- Bilfinger (GBF TH) -1.3%
- Energiekontor (EKT TH) -1.4%
- Varta (VAR1 TH) -1.5%
After Hours Summary: WWD +16.6%, ZI +5.5%, NXPI +4.2% up on earnings; BB +8.5% up on strategic review of its businesses; CHGG -32.3%, ANET -7.6%, SYK -5.3% down on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: WWD +16.6%, SFM +7.1%, SIBN +6.2%, FLS +5.9%, ZI +5.5%, TEX +5.3%, NXPI +4.2%, LEG +3.6%, VNOM +2.9%, AMRC +2.4%, TMDX +2.4%, SON +2.1%, PDM +1.8%, AMKR +1.5%, LSCC +1.1%, MSTR +1.1%, KIDS +1%, MSA +0.7%, AL +0.6%, MGM +0.6%, HOLX +0.4%, RIG +0.2%, CF +0.2%, NSA +0.1%, FCPT +0.1%, VICI +0.1%
Companies trading higher in after hours in reaction to news: BB +8.5% (considering strategic alternatives for its businesses), CHEF +3.8% (acquires Hardie's Fresh Foods and Greenlead Produce & Specialty Foods), EDIT +2.3% (study of SLEEK published), BOC +1.9% (increases ownership to 100% in 24th Street Asset Management), WTRG +1.6% (subsidiary acquires wastewater system), DDD +1% (acquiring Wematter), ADSE +0.4% (delaying filing 20-F), NOG +0.2% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CHGG -32.3%, ETWO -17.2%, CYH -12.9%, ANET -7.6%, MED -7.6%, CACC -6.8%, CNO -6.3%, AXNX -6.2%, SYK -5.3%, SGRY -4.2%, RE -3.5%, RMBS -2.7%, VRTX -1.7%, FANG -1.7%, ADUS -1.6%, JJSF -1%, CAR -0.9%, FMC -0.6%, VRNS -0.3%, SYM -0.3%, SBAC -0.1%, INST -0.1%, SCI -0.1%
Companies trading lower in after hours in reaction to news: TVTX -24.8% (topline primary efficacy results from Phase 3 DUPLEX study), MLTX -2.2% (files mixed shelf), CIFR -1.4% (announces April 2023 production), SPWR -0.9% (appoints new COO), TMUS -0.1% (files mixed shelf; files stock offering)
- S&P Global US Manufacturing final April print of 50.2, down from 50.4 flash, up from 49.2 in March - highest since Oct 2022
- ISM US Manufacturing April print of 47.1, up from 46.3 prior (and betyer than the expected 46.8) - but still in contraction (sub-50).
“US manufacturing output has regained some encouraging momentum at the start of the second quarter, having stabilised in March after four months of decline.“While the upturn is in part linked to greatly improved supply chains, helping reduce backlogs of orders, April also saw a welcome upturn in new order inflows for the first time since last September.“Although only modest, the rise in new orders hints at a tentative revival of demand, notably from consumers but there are also signs that fewer customers are deliberately winding down their inventory levels.“The brightening demand picture was accompanied by a lifting of business confidence about the outlook and increased hiring. The downside was a reigniting of inflationary pressures, with a stronger order book encouraging more firms to pass through higher costs to customers.”
“Of the six biggest manufacturing industries, two - Petroleum & Coal Products; and Transportation Equipment - registered growth in April."“New order rates remain sluggish as panelists remain concerned about when manufacturing growth will resume. Panelists’ comments registered a 1-to-1 ratio regarding optimism for future growth and continuing near-term demand declines. Supply chains are prepared and eager for growth, as panelists’ comments support reduced lead times for their more important purchases. Price instability remains and future demand is uncertain as companies continue to work down overdue deliveries and backlogs. Seventy-three percent of manufacturing gross domestic product (GDP) is contracting, up from 70 percent in March.However, fewer industries contracted strongly; the proportion of manufacturing GDP with a composite PMI® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 12 percent in April, compared to 25 percent in March,” says Fiore.


