Roundup: After a strong quarter, Wacker Chemi wants to raise its earnings forecast
MUNICH — Due to a surprisingly successful quarter, the specialty chemicals group Wacker Chemi intends to raise its earnings forecast for this year. For the months of April to June, the group expects significantly higher operating profits than analysts. In a statement last night, the group spoke of continued strong demand, but also of risks related to rising energy and commodity prices. MDX Group shares are up significantly on Tuesday.
FedEx hikes dividend by more than half — stock rises ahead of the market
Memphis – Shareholders of the US logistics group FedEx can expect a significantly higher dividend. Competitors UPS and Deutsche Post DHL said the quarterly dividend is expected to rise 53 percent to $1.15 per share on Tuesday in Memphis, Tennessee. The distribution is due July 11 and will benefit all shareholders owning FedEx stock by the end of June 27. The news on the financial market was well received: FedEx shares gained almost nine percent in value in pre-market US trading.
Gazprom cuts supply from Nord Stream 1 by 40 percent
MOSCOW – The Russian energy giant Gazprom is reducing the maximum gas supply volume in Germany via the Nord Stream 1 Baltic Sea pipeline by 40 percent. The reason for this are delays in repair work, the state-owned company announced on Tuesday. A gas compressor unit that has not been returned from repair in a timely manner. As a result, only 100 million cubic meters of gas could be pumped through the pipeline every day – or about 60 percent of the previously planned daily volume of 167 million cubic meters of gas, it said.
Roundup: Hornbach cuts earnings forecast – inflation and supply chain
Bornheim – The Hornbach DIY store group is more pessimistic about profit development in the current financial year due to rising prices and ongoing problems in the supply chain. Hornbach Holding announced late Monday in Bornheim that the first quarter was characterized by stable demand for construction and DIY products. However, the macroeconomic outlook and challenges related to inflation, supply chain and product prices remained clearer and stronger in the second quarter. This makes the forecast for the rest of the year even more difficult.
Air France-KLM is repaid billions in state aid
Paris – The airline Air France-KLM has, as planned, collected billions from investors to repay government aid from the Corona crisis. Overall, the group raised around 2.26 billion euros with the issue of new shares, as announced on Tuesday in Paris. A large part of the sum will be used to redeem subordinated bonds of around 1.7 billion euros, with which the French state helped the company a good year ago. The remaining proceeds are earmarked for debt reduction.
Morphosis and Insight want to do research with Pfizer – stocks are bullish
NEW YORK/BOston/Wilmington/Planeg – The biotech company Morphosis and its partner Incyte are bringing US pharmaceutical giant Pfizer on board for a new research alliance. Studies are combining Morphosis’ cancer drug Monjuvi with Pfizer’s drug lenalidomide and a certain fusion protein to help blood cancer patients with diffuse large B-cell lymphoma (DLBCL). The companies announced this on Tuesday evening. The studies will be conducted in subjects who have either failed or relapsed previous treatment and who are also not candidates for autologous stem cell transplantation (ASCT).
Summary: French IT service provider Atos considers separation – boss resigns
PARIS – The ailing French IT service provider Atos is considering a split into two listed companies. This could lead to a major data processing and cybersecurity company called Avidian. Weak IT outsourcing and IT management will continue under the Atos name, as French announced on Tuesday at an investor day in Paris. The already weak growth of the share accelerated again – the price literally crashed.
The cloud business is helping SAP’s competitor Oracle achieve significant sales growth
AUSTIN – The American software group Oracle has reported a surprising increase in sales in the last quarter thanks to its booming cloud business. In the three months to the end of May, sales increased by five percent compared to the same period last year to 11.8 billion US dollars (11.3 billion euros). This was announced by the SAP competitor on Monday after the US stock market closed. Bottom line, Oracle made $3.2 billion — significantly less than the same period last year, but more than analysts had estimated. The company also clearly exceeded market expectations in terms of sales. The stock initially reacted to the figures after the trading session with strong price gains.
– Bundeskartellamt examines Apple’s ad tracking stopper – Frankfurt Airport achieves the strongest passenger month since the beginning of the pandemic – Ukraine is recovering from more air traffic due to war and the corona crisis – Lemke: Green for gas and nuclear labels should be stopped – Farmers’ association is increasing production Too scarce grain – Eli Lilly drug against circular hair loss approved in the USA – Audi rejects compromise in the gender language process
-Hildesheim-based software company finds buyers worth almost $1 billion from northern Sweden – “Green” steel – Hydrogen storage becomes operational – Roundup 2: DM tills work again after software problems – Kremlin: Foreign companies want to return to Russia – Fixed internet performance often not as agreed – BVB striker Stephan Tiggs is heading for the 1st fc colony
-Erdogan: Turkish Airlines will have a Turkish name in the future – Roundup / Bad luck for residents in the environmental sector: BGH denies the right to sue trucks -Roundup / Broadcasting contribution: Revenues will increase to 8.42 billion euros in 2021 ° .
Roundup: You are reading a summary in an overview of the company. There are several reports from the news service dpa-AFX on this subject. /jha
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