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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 trading on Monday. Including the price action, the stock is now exchanging hands at £140.67 per shar...

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 per share at the start of the year. Tesla Inc. touched a high of £637 per share in the final week o...

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 […]

The mining firm's 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 more than 0.5% on market open but lost over 1% in the next hour. Including the price action, the sto...

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 after recovering from £48.61 per share in March 2020. Learn more about how do people make money on the ...