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May 10, 2021
The German biotech company picks Singapore as South Asian headquarters. BioNTech forecasts £10.67 billion of revenue from COVID-19 vaccine this year. BioNTech (NASDAQ: BNTX) said on Monday its COVID-19 vaccine that it developed jointly with the U.S. based Pfizer Inc. helped lift its revenue significantly in the first quarter. BioNTech’s was the first Coronavirus vaccine that secured authorisation from regulators. The Nasdaq-listed shares of BioNTech were reported about 6.5% up in premarket t...
April 5, 2021
The electric car company files a petition against NLRB’s ruling. Tesla was a little under 10% up in premarket trading on Monday. Tesla Inc. (NASDAQ: TSLA) said on Friday that it delivered 184,800 vehicles in the first quarter. In comparison, FactSet Consensus for its Q1 deliveries stood at a much lower 168,000. Tesla shares were reported a little under 10% up in premarket trading on Monday. Including the price action, the stock is now exchanging hands at £512 per share versus a higher £526 ...
February 20, 2021
Deere & Co. (NYSE: DE) published its earnings report for the fiscal first quarter on Friday that blew past Wall Street estimates for profit and revenue. The company attributed its hawkish performance to the farm and construction sectors that it said showed signs of improvement in recent months. Deere also gave upbeat guidance for the […]
February 16, 2021
The mining firms net profit comes in at £500 million in H2. Glencore proposes 8.62 pence per share of dividend in 2021. Glencore plc (LON: GLEN) said on Tuesday that it returned to profit in H2 of fiscal 2020. The company, however, concluded the financial year in loss due to the ongoing COVID-19 crisis, but still resumed dividend payments for 2021 on the back of hawkish performance in the second half. Glencore shares were reported about 3% up in premarket trading on Tuesday. The stock jumped m...
February 4, 2021
The pharmaceutical company reports a 5% annualised decline in revenue. Merck & Co names Robert M. Davis as the next Chief Executive Officer. Merck & Co. Inc. (NYSE: MRK) published its earnings report for the fiscal fourth quarter on Thursday that came in weaker than what analysts had anticipated. The company, however, gave upbeat guidance for the full financial year on Thursday. Merck & Co. shares tanked roughly 1.5% on market open on Thursday. The stock is now trading at £55.81 per share afte...
February 2, 2021
Otis Worldwide Corp. (NYSE: OTIS) published its earnings report for the fiscal fourth quarter on Monday that came in better than what analysts had anticipated. The company also gave upbeat guidance for the full financial year on Monday. Otis Worldwide opened at £47.80 per share on Monday and closed the regular session at a per-share […]
February 1, 2021
The U.S. company reports a 138% growth in its Q4 life sciences revenue. Thermo Fisher shares were about 2.2% up in premarket trading on Monday. Thermo Fisher Scientific Inc. (NYSE: TMO) reported its financial results for the fiscal fourth quarter on Monday that topped analysts’ estimates for earnings and revenue. In related news, Vertex Pharmaceuticals is also scheduled to publish its Q4 earnings report on Monday after market close. Thermo Fisher shares, that you can learn to buy online here,...
January 28, 2021
The social media had 1.84 billion DAUs as of the end of Q4. Facebook reports £7.42 of ARPU in the fourth quarter. Facebook Inc. (NASDAQ: FB) said on Wednesday that its financial performance in the fiscal fourth quarter was better than expected. The company, however, warned of several cross-currents, including the COVID-19 related uncertainty, that might keep it under pressure in 2021. Facebook shares were reported more than 1.5% down in after-hours trading on Wednesday. At £195.39 per shar...
January 27, 2021
Microsoft Corp. (NASDAQ: MSFT) reported its financial results for the fiscal second quarter on Tuesday that topped analysts’ estimates for earnings and revenue. Microsoft shares were reported more than 4% up in after-hours trading on Tuesday. Including the price action, the stock is now trading at a per-share price of £176.63. In comparison, it had […]
January 27, 2021
The aeroplane makers revenue slid 15% on a year over year basis. Boeing shares were 3.5% down in premarket trading on Tuesday. The Boeing Company (NYSE: BA) said on Wednesday that its loss in the fiscal fourth quarter came in significantly wider than expected. Its revenue in Q4, however, slid less than what analysts had anticipated. Boeing shares were reported about 3.5% down in premarket trading on Wednesday. The stock is now trading at a per-share price of £142.16 after recovering sharply fr...