getquin Daily Summary 19.08.2022

Hello getquin,

BVB wants to make profits as well as goals with fiscal year 2023/2024. Also, John Culver is leaving Starbucks after two years. Revolution Beauty suspends stock trading and today's quarterly number is John Deere!

Europe🌍:

1. Borussia Dortmund aims to return to profit in fiscal year 2023/2024

After the second full season of the pandemic, Borussia Dortmund reports a loss of 35 million euros. The minus from the previous year was still 72 million euros. The club published these preliminary figures for the 2021-2022 fiscal year.

One factor was that the Bundesliga soccer club was able to offer only 40 percent of tickets through Corona, on the one hand, due to its early elimination from the Champions League and, on the other hand, received less money from TV advertising. Instead of just under 187 million euros, BVB took in 145 million here. Revenue from match operations rose from almost zero to 22.6 million euros. Due to the pandemic in the previous season, no spectators were allowed in the Bundesliga.

Don't just invest in soccer tickets? https://bit.ly/3Axjtk4

🟥 $BVB (-3.77%) (🔽 -0,72%)

America🌏:

2nd Starbucks chief to leave the company

Starbucks Chief Operating Officer John Culver is leaving the company after two decades with the coffee chain as part of a restructuring that will eliminate his role.

His departure comes at a time of major executive restructuring at Starbucks. Former CEO Kevin Johnson retired earlier this year, prompting Howard Schultz to return to the top job as interim chief executive until a long-term successor is named.

Read more here: https://cnb.cx/3QWS0Ok

🟥 $SBUX (-1.15%) (🔽 -1,04%)

Asia🌏:

3rd Revolution Beauty suspends stock trading due to accounting concerns

Revolution Beauty Group said Friday that trading in its shares will be suspended from Sept. 1 as the beauty products maker does not expect to report its 2022 results by Aug. 31 after auditors found accounting issues.

Click here for Insights: https://reut.rs/3c1pHzu

🟥 $REVB (🔽 -34,74%)

Quarterly figures:

🚜 John Deere
$DE (-1.81%)

Deere & Co on Friday revised its full-year profit forecast after missing Wall Street's earnings expectations as the world's largest farm equipment maker struggled with parts and semiconductor shortages due to supply chain constraints.

EPS: 🟥 $6.68 expected vs $6.16 published; Difference: -7.74%

Revenue: 🟩 $12.84 billion expected vs $13.00 billion published; variance: 1.23%.

Stocks of the day:

🟩 TOP $AXSM (+8.98%) 56,45 € (🔼 +34,68%)

➡️ Biopharmaceutical company

👍 FDA approval for drug

🟥 FLOP $STNE (+0%)
8,63 € (🔽 -21,94 %)

➡️ payment and management instruments,

👎 Quarterly figures

🟥 Most searched $AAPL (+0.17%) 171,38€ (🔽 -0,75%)

🟥 Most traded $BBBY 11,18€ (🔽 -6,26%)

🟥 S&P500, 4,237.27 (🔽 -1.08%)

🟥 DAX, 13,575.01 (🔽 -0.89%)

🟥 bitcoin ₿, €21,314.70 (🔽 -7.26%)

Time: 16:45 CEST

Fun Fact:

Did you know that U.S. companies are reportedly hiding $1.6 trillion in profits overseas?