Live from the Markets: social plan at Valeo, Rémy Cointreau, Quadient and LDC publish, BYD cuts prices

Live from the Markets: social plan at Valeo, Rémy Cointreau, Quadient and LDC publish, BYD cuts prices
Live from the Markets: social plan at Valeo, Rémy Cointreau, Quadient and LDC publish, BYD cuts prices

Every morning, the Zonebourse team identifies and summarizes the significant information concerning listed companies around the world, to have the main news at the start of the trading day. The content includes one part on and the other on the main international markets, in particular American companies and those from major European markets (UK, Germany, Switzerland, Italy, Spain) and Asia-Pacific.

In France

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

  • Crédit Agricole designated as a global systemically important institution (G-SIB) in category 2.
  • signs an agreement with OpenAI to have access to pre-release AI models.
  • CIAM summons Vivendi to adjourn the AGM of December 9.
  • Bernard Arnault (LVMH) called to the bar in the Squarcini trial.
  • Sanofi opens a second production plant in Singapore.
  • Vinci signs a contract for Lisbon airport.
  • Capgemini completed its 11e employee shareholding operation, allowing employees to increase to 8% of the capital.
  • Rémy Cointreau sees its activity contract by 15 to 18% over the financial year, compared to 12% envisaged.
  • GTT receives an order to design a tank for an LNG carrier.
  • Valeo cuts 1,000 jobs in Europe and closes two sites in France.
  • Getlink will not bring ElecLink back into service until December 16, but the Ebitda range provided previously should be held.
  • Quadient maintains its forecasts for 2024.
  • LDC is still targeting an annual turnover of 6.2 billion euros.
  • Edward Arkwright appointed CEO of Altarea.
  • Egide and Exosens strengthen their partnership.
  • Octopus Biosafety obtains the renewal of its observation period.
  • Ceram in liquidation.
  • The main publications of the day : Phaxiam, LDC… The rest here.

In the big world

Important (and not so important) announcements

D’Europe

  • Direct Line rejects a takeover offer at 250 GBX per share from Aviva.
  • Brookfield renounces its takeover bid for Grifols.
  • SAIC Motor and Volkswagen are extending their joint venture in China until 2040. The German group is also selling its factory in Xinjiang.
  • Moody’s confirms UniCredit’s ratings after the offer for Banco BPM.
  • Heidelberg Materials buys the American company Giant Cement for $600 million.
  • Uniper revises upwards its adjusted net profit forecast for the current financial year.
  • Ocado announces that Morrisons will cease deliveries from the Erith site.
  • Kuehne Und Nagel opens a site in northern Germany.
  • The main publications of the day : Immofinanz, Terna, Formycon, Tullow Oil…

From North America

  • Microsoft in turn targeted by an antitrust investigation in the USA.
  • Three major asset managers, BlackRock, Vanguard and State Street, are being sued by Texas for allegedly manipulating electricity prices by investing in coal mines and utility companies.
  • Mark Zuckerberg (Meta Platforms) met Donald Trump at Mar-a-Lago.
  • T-Mobile US says the cyber attack that targeted it did not allow access to its customers’ data.
  • An Exxon Mobil lobbyist is under investigation for hacking and leaking environmentalist emails.
  • The main publications of the day : none…

From Asia Pacific and beyond

  • BYD and SAIC Motor are putting pressure on their suppliers to release vehicles at even lower costs, intensifying the price war.
  • Toyota’s global production fell for the ninth consecutive month in October.
  • Mexican retailer Grupo Elektra is proposing to leave the stock exchange.
  • The main publications of the day : nothing…

The rest of the global publications calendar here.

Lectures

Belgium

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