Ongoing reporting from the world’s leading markets: important updates, prominent stocks, bonds and analyst updates
21:50 – The price of WTI crude oil rose 0.2% to $ 92.1 a barrel.
20:30 – The declines in the leading indices are increasing slightly, and the Dow Jones and Nasdaq indices are recording a negative day for the fifth day in a row. The S&P 500 index is recording a fourth day of declines.
20:25 – Israeli culture is down 35.1% on NASDAQ after the reports are published and a disappointing forecast. The company, which operates in the corporate video market, expects its revenues this year to total $ 173-178 million, compared to revenues of $ 165 million in 2021. This is a growth rate. Less than 10%.
19:10 – European stock markets closed slightly – the Dax index in Frankfurt weakened by 0.4%, the CAC in Paris fell by 0.1% and the London Pottery climbed by 0.1%.
18:15 – The leading indices in New York have moved to a negative trend against the background of the cyber attack on a number of Ukrainian sites.
The NASDAQ index is down 0.9%, the Dow is down 0.4% and the S&P 500 is down 0.6%.
An American source told Newsweek this afternoon that the Biden administration had informed the Ukrainian president of intelligence information indicating that Russia was planning an extensive invasion of Ukraine – in the next 48 hours.
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Children evacuated by train from the Donetsk region of Ukraine amid escalation with Russia
(Photo: AP)
17:20 – The rises on Wall Street were erased while in the background government sites and bank sites in Ukraine were toppled due to cyber attacks.
The National Security Council of Ukraine has recommended to the country’s parliament to adopt a state of emergency in all Ukrainian districts, thereby extending the declaration that has existed for many years in the two districts of Donavsk region in the east, Donetsk and Luhansk, over large areas of which are controlled by pro-Russian separatists.
At the same time, this morning an order was issued to recruit reservists in Ukraine.
Dow Jones maintains an opening level, with the S&P 500 and Nasdaq climbing 0.1%.
16:30 – New York stock markets are opening the day with gains, as investors continue to follow developments in the crisis between Russia and Ukraine.
The NASDAQ index is up 0.9%, the Dow Jones and S&P 500 are up 0.7%.
After the reports – the Israeli Monday falls by 25.4%, the Israeli riskpayed falls by 7.8%, the Palo Alto strengthens by 5.5%.
15:00 – Israeli Monday shares plunged 17.2% in pre-trading trading on the NASDAQ after the reports, despite surpassing market forecasts.
The company that develops work management platforms ended the fourth quarter of 2021 with revenue of $ 95.5 million and a coordinated loss of 26 cents per share. This is at a time when the market expected revenue of $ 87.8 million and a coordinated loss of 52 cents per share.
Israeli RiskPayed, which also surpassed analysts’ expectations, fell 9.8% in pre-trade. The online commerce fraud detection software company posted revenue of $ 69.8 million and a adjusted loss of 0.4 cents per share in the quarter, analysts expected quarterly revenue of $ 67.3 million and a loss of 14.4 cents per share.
14:25 – Following the entry of the S&P 500 into a lock repair yesterday (down 10% from its most recent peak on January 3): Contracts for the S&P 500 are up 0.6%, contracts up to and down Dow Jones are up 0.5%, and contracts for NASDAQ are up Up 0.9%; WTI down 0.4% to $ 91.5 a barrel, Brent down 0.3% at $ 96.6 a barrel; 10-year US bond yields up 2 points In Europe: Dax is up 0.6%, Kak is up 1% and Potsey is up 0.3%.
13:25 – Lows up 3.4% pre-quarter: U.S. retailer concludes fourth quarter with net income of $ 1.21 billion or $ 1.78 per share, compared to $ 978 million or $ 1.32 per share in the same quarter last year.
Sales grew 4.8% to $ 21.34 billion – same-store sales grew 5%. Analysts had expected a significantly lower profit, of 71 cents per share, to sales of $ 20.93 billion and a 3% increase in same-store sales.
The Lowes forecast for 2022 stands at earnings of $ 13.60-13.10 per share and revenue of $ 99-97 billion. Analysts expect annual earnings of $ 12.93 per share and revenue of $ 97.14 billion.
13:15 – The Caesars Entertainment group of casinos and hotels enjoys a return to gamblers for roulettes and machines, and reports a 63% growth in revenue. The stock is up 5.5% pre-price. Sales in the fourth quarter were $ 2.59 billion (an amount that provides the company with the ability to inject funds to invest in the sports betting app and digital casino activity), similar to market forecasts, and against $ 1.56 billion in the same quarter last year.
Revenue from casino operations grew 43 percent to $ 1.52 billion (of which $ 1 billion was from Las Vegas alone). Sales from hotel operations doubled to $ 429 million. The sales data provided sufficient reason for investors to push the stock up 4.5% in late trading, despite the higher-than-expected loss.
Caesars closes the quarter with minus $ 434 million on the bottom line, or a loss of $ 2.03 per share – less terrible than the same quarter last year, which ended with a loss of $ 555 million or $ 2.67 per share. Adjusted loss was $ 1.14 per share, while analysts expected a significantly lower loss of 81 cents per share.
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(Photo: Bloomberg)
13:10 – Nir Tzuk’s Palo Alto jumps 7.3% in the pre-show, after publishing successful reports last night after closing and raising its annual revenue forecast once again – after an earlier upgrade in November. The company ended the second fiscal quarter with a loss of $ 93.5 million or 95 cents per share, compared to a loss of $ 142.3 million or $ 1.48 per share in the corresponding quarter.
In the adjusted line, Palo Alto recorded adjusted quarterly earnings of $ 1.74 per share – the market expected only $ 1.65 per share. Revenue grew to $ 1.32 billion, compared to $ 1.02 billion in the same quarter last year, well above analysts’ expectations of $ 1.28 billion.
The company published a forecast for the fiscal year, according to which it will record adjusted earnings of $ 7.30-7.20 per share, after in November the forecast was $ 7.25-7.15 per share. Analysts expect earnings of $ 7.23 per share. Annual revenue under the new forecast is expected to be between $ 5.43 billion and $ 5.48 billion – in November 2021 the forecast was updated to $ 5.40-5.35 billion, after originally standing at $ 5.33-5.28 billion. Analysts expect annual revenues of $ 5.39 billion.
The company’s forecast for the current quarter (fiscal third) is adjusted earnings of $ 1.68-1.65 per share and revenue of $ 1.35-1.37 billion. Analysts’ average expectations are adjusted earnings of $ 1.63 per share and revenue of $ 1.35 billion.
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Nir Tzuk is the founder of Palo Alto
(Photo: Uriel Cohen)
12:40 – EasyJet is on its way back to the Pottery 100, the London Stock Exchange’s senior index and one of the most important indices in the global markets. The airline’s stock, which was released from the index on June 22, 2020, is expected to return during the March update, and at the expense of the Dechra pharma stock that will come out of it. This is according to a statement issued yesterday by the index company.
The index includes the 100 stocks with the highest market value on the London Stock Exchange – any company whose market value falls to 111th place exits the index and a company that is not a member of it and whose market value climbs to 90th place or higher enters.
12:00 – Rises in Europe are rising, Paris is already up 1.2% with Stalantis at the top, Frankfurt is up 1.3%, there are also sharp rises in car shares: Porsche Automobile holding company (which controls Polgosag) is up 3.8%, BMW is up 2.6%, Daimler by 1.8%.
11:20 – Closing in Asia: Hang Seng rose 0.6%, Shanghai rose 0.9% and Kusfi rose 0.5%.
10:40 – Cautious optimism in the opening of the trading day in Europe, after a series of surprisingly favorable reports (or the big investors are just picking up stocks that fell yesterday) – and of course with an eye to the Ukrainian border Scouting. The DAX is up 0.6%, the Kak is up 0.8% and the Potsy is up 0.4%. Release reports: Barclays is up 2.8%, Stalantis is up 4.8%, Henkel is up 3.2%, Danone is up 3.6%.
10:15 – British luxury goods chain Ted Baker reported 35% growth in sales in the fourth fiscal quarter, which ended in late January, compared to the same quarter last year. Compared to the previous quarter, sales increased by 18%.
10:10 – Stellantis sums up 2021 (Stellantis), the first year of the company’s operations, which merged Fiat-Chrysler with the controlling owner of Peugeot, the French PSA group.
Annual revenues amounted to 152.12 billion euros, compared to joint revenues of 133.88 billion euros for the two separate companies in the previous year. Adjusted operating income was € 18.01 billion, compared to € 9.22 billion in 2020.
The company noted that the adjusted operating profit rate was 11.8% and exceeded the forecasts it set at the beginning of the year, for a profitability rate of 10% – compared to an operating profitability rate of 6.9% in 2020.
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10:00 – Puma publishes reports (Puma) and updates that supply chain disruptions will continue to hurt activity – and that high inflation levels will continue to hurt its profitability rates during 2022.
The footwear, clothing and sports products company posted a net profit of 7.9 million euros in the fourth quarter, compared to 24.7 million euros in the corresponding quarter. Operating profit rose slightly to 65 million euros, similar to analysts’ expectations.
Revenue climbed to 1.77 billion euros, compared to 1.52 million euros in the same quarter last year. Puma raised its annual dividend to 0.72 euros per share, compared to 0.16 euros per share in 2020. Puma’s forecast for 2020 stands for at least 10% growth in sales and operating profit in the range of 700-600 million euros.
9:45 – Barclays concludes the fourth quarter with a jump in net profit to £ 1.12 billion, compared to £ 220 million in the same quarter in 2020. Profit before tax climbed to £ 1.47 billion, compared to £ 646 million in the same quarter last year.
Analysts had expected a pre-tax profit of £ 1.17 billion. Quarterly revenue totaled £ 5.16 billion, compared to £ 4.94 billion in the same period last year and while the market was expecting £ 5.12 billion.
Along with the publication of the reports, the bank announced a new self-acquisition plan, amounting to up to one billion pounds, and a jump in the dividend to 6 pence per share, compared to 1 penny per share in 2020.
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(Photo: Bloomberg)
9:30 – Some reports from Europe: The German Henkel Group reported a net profit of 1.63 billion euros in 2021, compared to 1.14 billion euros the previous year. The consumer goods giant had already announced in January that annual revenues totaled € 20.07 billion.
Danone concludes a year with a profit of 1.92 billion euros, compared to 1.96 billion euros in 2020. Adjusted profit fell 1.1% to 2.17 billion euros – analysts expected 2.14 billion euros. The food company from France ended 2021 with a 3.4% growth in identity sales to 24.28 billion euros.
Telefonica Deutschland posted a profit of € 67 million in the fourth quarter, compared to € 1 million in the same quarter in 2020 – analysts expected a loss of € 2 million. Adjusted operating income was € 624 million, compared to € 639 million in the same quarter last year. The forecast was for a coordinated operating profit of 633 million euros. Telephony Germany’s quarterly revenue amounted to € 2.06 billion, compared to € 2.2 billion in the corresponding quarter and similar to market expectations.
7:15 – Partial trading in a positive trend on Asian stock exchanges this morning – There is no trading in Tokyo today, on the occasion of the emperor’s birthday celebrations. The Hang Seng Index is up 0.7%, Shanghai is up 0.6% and Kospi is up 0.2%, after a negative evening in New York.
Brent is up 0.3% this morning at $ 97.1 a barrel, while WTI is up 0.3% at $ 92.2 a barrel. Among the most prominent stocks in Hong Kong: Maitwan is up 5.7%, HSBC’s dual stock is up 3%.
Following President Biden’s announcement yesterday of sanctions against Russia (an announcement joined by other allies), the S&P 500 fell 1% yesterday and entered the correction (minus 10% from its most recent high on January 3), the Dow Jones fell 1.4 % And Nasdaq by 1.2%.
The Bank of New Zealand has raised interest rates again, for the third time since October – the increase was 25 basis points to 1%, after two increases at a similar rate and similar to economists’ forecasts. The bank raised its interest rate forecast for the end of the year to 2.2% and at the end of 2024 to 3.3% – compared with a previous forecast of 2.1% in the current year and 2.6% in two years.
Contracts for the Dow Jones are up 0.5% at this early stage, contracts for the NASDAQ are up 0.8% and the S&P 500 is up 0.6%; the 10-year US bond yield is stable, at 1.94%.
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Hong Kong Stock Exchange
(Photo: Shatterstock)