DAX:
- Vonovia (VNA TH) -2.6%
- Fresenius Medical (FME TH) -2.6%
- Beiersdorf (BEI TH) -2.8%
- Henkel (HEN3 TH) -2.8%
- Qiagen (QIA TH) -3.3%
- Infineon (IFX TH) -6.3%
- Mercedes (MBG TH) -6.4%
- *MERCEDES CARS SEES 2022 ADJ. RETURN ON SALES 11.5%-13%
- Porsche SE (PAH3 TH) -6.7%
- Airbus (AIR TH) -6.7%
- Delivery Hero (DHER TH) -6.8%
MDAX:
- Telefonica Deutschland (O2D TH) -1.6%
- Aroundtown (AT1 TH) -1.8%
- Talanx (TLX TH) -1.9%
- Evonik (EVK TH) -1.9%
- Fraport (FRA TH) -7%
- Varta (VAR1 TH) -7.1%
- Commerzbank (CBK TH) -7.5%
- Aixtron (AIXA TH) -11%
- Aixtron 4Q Ebit Beats Estimates
- Uniper (UN01 TH) -13%
SDAX:
- BayWa (BYW6 TH) -0.6%
- Suedzucker (SZU TH) -0.6%
- Hamborner REIT (HABA TH) -0.9%
- DIC Asset (DIC TH) -1%
- Metro (B4B TH) -1.2%
- Stocks Tied to Russia and Ukraine in Focus as Tensions Worsen
- LPKF (LPK TH) -8.4%
- Nordex (NDX1 TH) -8.5%
- Heidelberger Druck (HDD TH) -8.7%
- PVA TePla (TPE TH) -9.3%
- Global Fashion Group (GFG TH) -9.5%
- Equinor (DNQ TH) +2.4%
- Watch European Oil Stocks as Brent Soars Past $100 a Barrel
- GSK (GS7 TH) +0.9%
- BAE (BSP TH) +0.6%
- BAE FY Sales Meets Estimates
- Norsk Hydro (NOH1 TH) +0.1%
- Aluminum to Surge as Russia Attacks in Ukraine Disrupt Supply
- Mowi (PND TH) -7.2%
- Bechtle (BC8 TH) -7.2%
- AUTO1 (AG1 TH) -7.9%
- Commerzbank (CBK TH) -7.9%
- Carl Zeiss Meditec (AFX TH) -7.9%
- SocGen (SGE TH) -8.3%
- Evotec SE (EVT TH) -8.3%
- Rolls-Royce (RRU TH) -8.6%
- *ROLLS-ROYCE FY ADJ. OPER PROFIT GBP414M, EST. GBP566.8M
- Raiffeisen (RAW TH) -9%
- Uniper (UN01 TH) -14%
* Russia Attacks Targets Across Ukraine; Biden Vows Sanctions
* Nasdaq 100 Futures Point to First Bear Market Since March 2020
Nikkei -1.90% Hang Seng -3.26% CSI -2% Shanghai -1.49% Shenzen -2.21%
Eur$ 1.1245 CNH 6.3211 CNY 6.3229 JPY 114.59 GBP 1.3501 CHF 0.9183 RUB 88.62 TRY 13.9378 WTI$ 96.97 +5% Gold 1937 +1.5% BTC 34700 -7% ETH 2329 --11%
S&P -2.25% Nasdaq -2.69% EuroStoxx -4.38% FTSE -2.65% Dax -4.77% SMI --
Macro :
- Eisler Starts New Fund in Multi-Strategy Push Like Brevan Howard
- Saudi Wealth Fund Weighs Options for $86 Billion Aramco Stake
- Evergrande Billionaire Nears Test of His Status in Party Elite
Keep an eye on :
- AALB NA : Aalberts FY Revenue Matches Estimates
- ABI BB : AB InBev 4Q Adjusted Ebitda Misses Estimates
- ANA SM : Acciona Energia FY Net Income EU363M
- AC FP : Accor FY Ebitda Beats Estimates
- ADEN SW : Adecco FY Revenue Meets Estimates
- ADE NO : Adevinta 4Q Ebitda Misses Estimates
- AIR FP : Raytheon Jet-Engine Output for Airbus Stymied by Parts Shortage
- AIXA GY : Aixtron Sees 2022 Revenue EU450M to EU500M, Est. EU459.8M
- AIR FP : Air Canada in Talks to Add Airbus A321s as Covid Gloom Lifts
- AMG NA : AMG FY Net Income Meets Estimates
- AKE FP : Arkema 4Q Ebitda Beats Estimates
- CS FP : Axa FY Net Income Beats Estimates, AXA to Launch $562 Million Share Buyback
- BFSA GY : Befesa FY Adjusted Ebitda Beats Estimates
- IAG LN : IAG in Advanced Talks on Mixed Jet Fleet Renewal: Reuters
- BCART BB : Biocartis FY Revenue Misses Estimates
- EN FP : Bouygues FY Net Income Beats Estimates, *Bouygues Has Earmarked an Estimated EUR2.2B Within 2022-24 Expenditure to Help Reduce Carbon Footprint
- BVI FP : Bureau Veritas FY Adjusted Operating Profit Beats Estimates
- ED GY : CTS Eventim to Get Coronavirus-Related Subsidies for 2021
- EDPR PL : EDPR to Invest Up to $7.4 Billion in Asian Renewables to 2030
- DSY FP : Private-Jet Shipments Jump 10% in 2021 on Rebounding Demand
- DTE GY : Deutsche Telekom Sees 2022 Adj. EBITDA AL About EU36.5B
- DUE GY : Duerr Sees 2022 Profit After Tax EU130M to EU180M
- FGR FP : Eiffage FY Operating Profit Beats Estimates
- EKTAB SS : Elekta 3Q Net Sales Misses Estimates
- ERA FP : Eramet Sees 2022 Ebitda About EU1.2B, Est. EU1.19B
- EUCAR FP : Hertz Global Holdings Q4 EPS $0.91 Beats $0.76 Estimate, Sales $1.95B Miss $1.98B Estimate
- FIE GY : Fielmann Prelim FY Pretax Profit About EU210M
- FNAC FP : Fnac Darty FY Current Operating Income Meets Estimates
- FNAC FP : Fnac Darty Welcomes Daniel Kretinsky as Shareholder: CFO
- FFARM NA : ForFarmers FY Revenue Beats Estimates
- GET FP : Getlink FY Ebitda Misses Estimates
- HEI GY : HeidelbergCement 4Q Oper Ebitda Beats Estimates
- HOT GY : CIMIC Says Holders Take No Action on Hochtief’s Proposal
- IDR SM : Indra FY Net Income Misses Estimates
- IPS FP : Ipsos FY Net Income Beats Estimates
- ISS DC : ISS FY Revenue Beats Estimates
- KBX GY : Knorr-Bremse 4Q Ebitda Beats Estimates
- KORI FP : Korian FY Revenue Meets Estimates
- KRN GY : Krones FY Ebitda EU312.6M Vs. EU133.2M Y/y
- MC FP : LVMH Japan, SoftBank Agree Partnership
- MBG GY : *MERCEDES CARS SEES 2022 ADJ. RETURN ON SALES 11.5%-13%
- MRL SM : Merlin Properties FY FFO Meets Estimates
- NXI FP : Nexity FY Current Operating Income EU371M Vs. EU281M Y/y
- ORP FP : Orpea Delays Financial Statements Amid Investigations
- PAT GY : Patrizia FY Operating Income EU118.3M Vs. EU116.5M Y/y
- PFV GY : Pfeiffer Vacuum to Propose Dividend of EU4.08 Per Share
- PIRC IM : Pirelli Sees 2022 Adjusted Ebit Margin 16% to 16.5%
- SAF FP : Safran FY Adj. Recurring Operating Income Beats Estimates
- SAP GY : SAP Proposes Increased Dividend of EU2.45/Shr
- SCR FP : Scor 4Q Net Income Beats Estimates
- SPM IM : Saipem 4Q Adjusted Ebitda Loss EU901M, Est. Loss EU844.9M
- SESG FP : SES Sees 2022 Revenue EU1.75B to EU1.81B, Est. EU1.78B
- SOP FP : Sopra Steria FY Net Income Meets Estimates
- TEF SM : Telefonica 4Q Oibda Misses Estimates, Telefonica Sees Low Single Digit Growth in 2022 Oibda
- UQA AV : Uniqa FY Net Income Beats Estimates
- VLK NA : Van Lanschot Kempen FY Net Income EU143.8M Vs. EU49.8M Y/y
>>> Up
* Almirall Raised to Buy at Deutsche Bank; PT 14 euros
* Bankinter Raised to Hold at Jefferies; PT 5.50 euros
* Biocartis Raised to Buy at Kempen & Co; PT 4 euros
* BPER Banca Raised to Buy at Jefferies; PT 3.10 euros
* Campari Raised to Buy at Deutsche Bank; PT 12.27 euros
* Campari Raised to Outperform at Bernstein; PT 12.40 euros
* Capricorn Energy Raised to Add at AlphaValue/Baader
* Coca-Cola HBC Raised to Hold at SocGen; PT 2,255 pence
* Dormakaba Raised to Buy at Research Partners
* Eurofins Scientific Raised to Buy at Berenberg; PT 105 euros
* Meier Tobler Raised to Buy at Research Partners
* Monte Paschi Raised to Hold at Deutsche Bank; PT 90 euro cents
* Nagarro Raised to Buy at Jefferies; PT 172 euros
* Red Electrica Raised to Hold at SocGen; PT 16.60 euros
* Sabadell Raised to Hold at Jefferies; PT 1 eur
* Unicaja Raised to Neutral at Exane; PT 1.10 euros
* Wolters Kluwer Raised to Neutral at Citi; PT 90 euros
>>> Down
* Credito Emiliano Cut to Underperform at Exane; PT 7.30 euros
* GEA Group Cut to Hold at Jefferies; PT 43 euros
* Hargreaves Lansdown Cut to Hold at Berenberg; PT 1,250 pence
* Sparebank 1 Oestlandet Cut to Hold at Pareto Securities
* SpareBank 1 Sorost-Norge Cut to Hold at Pareto Securities
* Synthomer Cut to Add at Peel Hunt; PT 450 pence
>>> Initiation
* Aptamer Group Rated New Buy at Liberum; PT 270 pence
* Bauer Rated New Buy at Quirin Privatbank AG; PT 13 euros
* Cool Rated New Buy at Clarksons Platou Securities Inc
* ERG Reinstated Overweight at Barclays; PT 38 euros
* Scatec Rated New Equal-Weight at Barclays; PT 140 kroner
* Secure Income Rated New Add at Peel Hunt; PT 460 pence
>>> Call
* GEA Group Cut at Jefferies as Restructuring Becomes Tougher
* Inflation Leaves Equities Vulnerable to Geopolitics, Pictet Says
* Wolters Kluwer Upgraded at Citi on Growth, Shareholder Returns
After Hours Summary: Busy earnings session, mostly on downside: RCII -35.4%, FIVN -15.7%, SNBR -12.3%, NTAP -9%, EBAY -8.1%, BKNG -4.8%; LYV +6.6%, IMAX +3.3% trade higherAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CLOV +18.9%, DH +13.7%, ROOT +10.3%, CCRN +8.5%, OUT +7.5% (also increases dividend), LYV +6.6%, STAA +6.4%, CHDN +5.7%, MRVI +5.3%, FNF +3.3%, IMAX +3.3%, STOR +3%, CTRA +2.5% (also increases dividend by 20% and announces $1.25 bln supplementary buyback authorization), UCTT +2.4%, WTRG +2.4%, ZETA +2.4%, ORCC +2.3%, IRTC +2.2%, DK +2.1%, CHK +1.8%, HEI +1.7%, WLL +1.6%, XPER +1.6% (also enters into new, multi-year agreement with MU), NARI +1.3%, FTI +0.7%, GBT +0.6%, GH +0.5%, OSUR +0.3%, AEM +0.2%, OLED +0.2% (also increases dividend), WES +0.2%, EVH +0.2%, EXR +0.1%, MGNI +0.1%, MSP +0.1%, RLJ +0.1%, Y +0.1%
Companies trading higher in after hours in reaction to news: RMO +5.1% (extends supply agreement with existing customer), VBIV +4.7% (CDC Advisory Committee recommends PreHevbrio for vaccination against HBV infection), PBR +2.5% (proposes distribution update), EFC +1.9% (to acquire remaining interest in Longbridge Financial for $75 mln), DHR +1.8% (increases dividend), UAA +1.3% (authorizes new $500 mln share repurchase program), GROY +1.1% (portfolio update sets trajectory for continued cash flow growth), STGW +0.8% (expands into Africa through affiliate partnerships), USO +0.7% (US considering reserve releases to counter oil price spikes, according to Bloomberg), HL +0.2% (files mixed securities shelf offering), KRO +0.1% (increases dividend), CSL +0.1% (receives earn out payment)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RCII -35.4%, SKLZ -29.5%, LUNG -20%, LMND -17.5%, FIVN -15.7%, OLO -15.4% (also announces launch of payment platform Olo Pay), SNBR -12.3%, FLGT -11% (also announces investment in Spatial Genomics), BAND -10.7%, NTAP -9% (also acquires Fylamynt), NDLS -8.3%, EBAY -8.1% (also increases dividend by 22%, expands share repurchase authorization by $4 bln), HLF -7.7%, BIRD -6.9%, AAN -5.2%, BKNG -4.8%, FLS -4.4%, FUBO -4.3%, ONEM -4.1%, IR -4%, CPE -3.2%, BBWI -3.1% (also CEO to step down for health reasons), RGR -3.1%, PODD -2.5%, ANSS -2.3%, ALKT -2.2%, REAL -1.4%, NVRO -1.2%, RVLV -1.2%, HTZ -1.1%, GSHD -1%, NOVA -0.9%, ARNA -0.5%, IIPR -0.4%, ORA -0.4%, PAAS -0.4%, FIX -0.3%, IAG -0.3%, VAC -0.3%, VICI -0.3%, CW -0.2%, DRQ -0.2%, OGS -0.1%, RMAX -0.1%, SPXC -0.1%
Companies trading lower in after hours in reaction to news: BTU -9.6% (private offering of $250 mln convertible notes), TRHC -7.9% (to be removed from S&P SmallCap 600), ADGI -2.9% (CEO resigns), SAIL -1.9% (names new CFO), VST -1.1% (increases dividend), NET -0.8% (to acquire Area 1 Security for $162 mln), F -0.8% (CEO says co is under earning on EVs and Gas Models, according to Bloomberg), DDD -0.6% (acquires Kumovis; also to acquire Titan Additive LLC), DIS -0.6% (Marvel's full lineup of Netflix shows will make its way onto Disney+ Canada, according to MobileSyrup), NFLX -0.4% (Marvel's full lineup of Netflix shows will make its way onto Disney+ Canada, according to MobileSyrup), QSR -0.3% (files mixed securities shelf offering), VOYA -0.2% (files for $2 bln mixed securities shelf offering), RJF -0.1% (reports January operating data), FUL -0.1% (names new COO), INTC -0.1% (acquires Linux consulting firm Linutronix)