Live from the markets: LVMH takes a small step towards Moncler, Forvia warns, Super Micro attacked

In France

Important announcements (and less important… I should point out that the information is given immediately before the opening and does not prejudge the color of the shares during the session)

• LVMH increases its stake in the Moncler holding company.
• Renault sold 195,473,600 Nissan shares to Nissan for 494 million euros.
• Airbus will reorganize its production to maintain the ramp-up.
• TotalEnergies buys gas production assets in Texas.
• Schneider’s pre-closing guidance on its results is balanced.
• Bouygues wins a €247 million contract in Australia.
• Veolia and Waga Energy are starting a sixth biomethane production unit.
• Zoetis partners with Danone to use genetics in sustainable dairy farming.
• Moody’s raises its outlook on EssilorLuxottica’s rating to “positive”.
• Forvia revises its 2024 forecasts downwards.
• Moody’s lowered Valeo’s credit rating to Ba1 from Baa3 and maintained a negative outlook.
• Scor strengthens its control of the MRM property company by buying Altarea’s shares and is preparing a takeover bid.
• Vallourec signs a nice contract with Petrobras.
• Tikehau Capital finalizes the acquisition of commercial real estate assets from Casino for more than 200 million euros.
• Ubisoft employees oppose a reduction in teleworking.
• Trigano announces an increase of 12.8% in its turnover for the 2023-2024 financial year.
• Following the detection of a dysfunction between France and Great Britain, ElecLink (Getlink) announces a temporary suspension of its operations.
• Klea Holding received an offer at EUR 0.30 per share.
• Europlasma announces a contract for hollow parts for shells for the Forges de Tarbes.
• The main publications of the day : Cegedim, Jacques Bogart, Guillemot, Ateme, Balyo, OSE Immuno, Munic, Affluent Medical, Marie Brizard… The rest here.

In the big world

Important (and not so important) announcements

D’Europe

• Telecom Italia “reduces” its net loss to 646 million euros in the first half.
• EasyJet will definitely leave Beauvais airport in October.
• Eni receives proposals for the sale of a new stake in Enilive.
• Azelis buys specialty chemicals distributor in Poland.
• Aeffe sells the Moschino perfume brand to Euroitalia.
• The main publications of the day : Equasens, Baywa…

From North America

• The US Department of Justice is opening an investigation into Super Micro Computer, according to the WSJ.
• ARM Holding was rejected by Intel after seeking to buy one of its divisions, according to Bloomberg. Separately, Intel and the United States will finalize $8.5 billion in chip funding by the end of the year, according to the FT.
• Southwest Airlines cuts growth targets and limits hiring to soften impact of Boeing delays.
• Alphabet is investing $3.3 billion in two data centers in South Carolina.
• Costco lost 1.4% post-session after its quarterly.
• TPG acquires minority stake in wealth manager Homrich Berg worth $1 billion.
• Walt Disney would cut jobs in the United States to cut costs.
• Dell asks its global sales team to work five days a week in the office, according to a memo.
• The main publications of the day : nothing…

From Asia Pacific and beyond

• Shares of Australian casino operator The Star Entertainment plunge 40% after announcing major financial difficulties.
• Toyota’s global production falls for the seventh consecutive month in August.
• Filo shareholders approve sale to BHP Group and Lundin Mining.
• New World Development shares rise sharply in Hong Kong after CEO’s resignation.
• Petrobras in talks with Shell and others for stakes in an African oil bloc.
• The main publications of the day : nothing…

The rest of the global publications calendar here.

Lectures