getquin Daily Summary 30.06.2022
Hello getquin!
Today it's about EU support for car emissions, a new plan to make stocks, startups and co. more attractive and the extension of Disney's CEO!
Europe π:
1. E.U. countries to support car emissions plan
By 2035, all new cars sold in European Union nations must be carbon emission-free, ultimately bringing an end to the era of internal combustion engines.
After Italy, home to Ferrari and Automobili Lamborghini, gave up demands for a five-year delay in the E.U.'s plan for automakers to clean up their fleet, environment ministers reached an agreement on the proposal. German compromise that would permit the use of carbon-neutral fuels beyond 2035 was "satisfactory," Italian Minister for Ecological Transition Roberto Cingolani told his counterparts on Tuesday.
More on that plan: https://wapo.st/3y0s1NY
2. Germany to make stocks, startups, IPOs and SPACs more attractive.
German finance and justice ministers on Wednesday unveiled a plan to make the country's financial markets more attractive to investors and improve access to capital for startups and high-growth companies.
The plan includes lowering the minimum capital requirements for an IPO to 1 million euros ($1.05 million) from the current 1.25 million euros and increasing the exemption amount for employee shareholdings to 5,000 euros from 1,440 euros.
Now that's interesting! https://reut.rs/3NrEzUp
America π:
3. Disney board of directors approves extension of CEO Bob Chapek
Despite the company's disastrous start to 2022 under his leadership, Disney's board of directors has voted unanimously to extend current CEO Bob Chapek's contract for another three years. Disney's board of directors confirmed the outcome of its vote on June 28, fully backing Chapek despite the fact that his actions have earned the House of Mouse a bad public reputation and billions of dollars in devaluation.
LetΒ΄s see... https://bit.ly/3ucZ0xE
π₯ $DIS (+0.18%) (π½ -2.47%)
Earnings Call:
Constellation Brands, Inc. Class A $STZ (+0.43%)
EPS: π© $2.12 expected vs. $2.37 published; difference: 11.76
Sales: π© $2.02 billion expected vs $2.10 billion published; difference: 4.24%
Stock of the Day
π₯ FLOP $DOCN (+0.13%) , 37.58 β¬ (π½ -9.11%)
π₯Most searched $SHOP (+1.09%) 29.83 (π½ -5.24%)
π₯ Most traded $BAS (+0.49%) , 40.61 β¬ (π½ -2.52%)
π₯ S&P 500, 3.752,58 (π½ -1.73%)
π₯ DAX, 12,,673.83 (π½ -2.53%)
π₯ Bitcoin βΏ, 18,224.68 β¬ (π½ -5.26%)
Time: 16:45 CEST
Fun Fact:
Did you know that one-cent coins cost more to produce than the actual coin is worth? 1.65 cents costs to produce one coin.