๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐๐ฎ๐ถ๐น๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ ๐ฌ๐ฏ.๐ฌ๐ฑ.๐ฎ๐ฌ๐ฎ๐ฎ
Hello getquin,
today we are talking about the quarterly results of BP, Deutsche Post and Pfizer. BER airport has taken a big loss and there was a flash crash due to a wrong entry at Citi.
๐๐ฒ๐๐๐๐ฐ๐ต๐น๐ฎ๐ป๐ฑ๐ฉ๐ช:
1. ๐๐ฐ๐ฉ๐ฆ๐ณ ๐๐ฆ๐ณ๐ญ๐ถ๐ด๐ต ๐ฃ๐ฆ๐ช ๐๐ญ๐ถ๐จ๐ฉ๐ข๐ง๐ฆ๐ฏ ๐๐๐
In its first full financial year after going into operation, BER Airport once again made a large loss, as expected. Almost 570 million euros was the deficit last year, according to the annual report presented by airport CEO Aletta von Massenbach with Supervisory Board Chairman Jรถrg Simon in Berlin on Tuesday. This means that the loss has almost halved compared to the previous year. However, von Massenbach stressed that this was "only reassuring to a limited extent".
Read more: https://bit.ly/3vCwIxj
๐๐๐ฟ๐ผ๐ฝ๐ฎ๐:
2. ๐๐ญ๐ข๐ด๐ฉ ๐๐ณ๐ข๐ด๐ฉ ๐ฅ๐ถ๐ณ๐ค๐ฉ ๐รค๐ฏ๐ฅ๐ญ๐ฆ๐ณ๐ง๐ฆ๐ฉ๐ญ๐ฆ๐ณ ๐ฃ๐ฆ๐ช ๐๐ช๐ต๐ช
Citi admits that a trader error entering a transaction triggered a "flash crash" that sent Swedish stocks down 8% and European stocks down. Sweden's benchmark OMX 30 index plunged 7.9% in morning trading Monday before quickly recovering to shock investors.
๐ฉ $C (+0.59%) Citigroup Inc, $49.86 (๐ผ+2.34%)
๐๐ฏ๐ง๐ฐ: A flash crash describes a sharp drop in stock prices that lasts only a few minutes. The sudden collapse is followed in each case by a similarly rapid recovery.
Read more: https://bit.ly/3Fbs50n
๐ช๐ฒ๐น๐๐๐๐:
3. ๐๐ณ๐ฆ๐ฅ๐ช๐ต๐ง๐ข๐ป๐ช๐ญ๐ช๐ตรค๐ต ๐ท๐ฐ๐ฏ ๐๐ฐ๐ญ๐ฅ๐ฎ๐ข๐ฏ ๐ฅ๐ถ๐ณ๐ค๐ฉ ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ ๐จ๐ฆ๐ด๐ช๐ค๐ฉ๐ฆ๐ณ๐ต
Goldman Sachs Group Inc.'s first credit facility backed by bitcoin is the latest attempt by crypto exchange Coinbase Global Inc. to move money from Wall Street into the digital asset space. "Coinbase's collaboration with Goldman is a first step toward recognizing cryptocurrencies as collateral, deepening the bridge between the fiat and crypto economies," Brett Tejpaul, head of Coinbase Institutional, said in an emailed response. Coinbase did not disclose further details about the loan. A Goldman Sachs spokeswoman said last week that the loan was secured by bitcoin owned by the previously unnamed borrower.
๐ฉ $GS (+1.09%) Goldman Sachs Group, $315.32 (๐ผ+1.56%)
๐ฉ $COIN (+0.27%) Coinbase Global Inc, $125.52 (๐ผ+3.47%).
Coinbase and Goldman Sachs: https://bloom.bg/3s8Ra70
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป:
--German Post--
Today Deutsche Post $DPW (+0.13%) published its quarterly figures. The company said revenue soared 19.8 percent to 22.6 billion euros from January to March 2022, according to a statement in Bonn. Operating profit (EBIT) rose to 2.2 billion euros from 1.9 billion euros a year earlier.
EPS: ๐ฉ โฌ1.08 vs โฌ0.99 expected (+9.62%)
Revenue: ๐ฉ22.59 billion vs 20.79 billion expected (+8.65 %)
More on the logistics group here: https://bit.ly/3s8XdIM
--BP--
Actually, the oil company BP $BP. (-0.03%) could have hoped for a good result in the first quarter with the high oil prices, but the group suffered from the write-down on its stake in the oil company Rosneft and from the withdrawal from the Russian business.
EPS: ๐ฅ $0.32 vs $1.37 missed by -76.62%.
Revenue: ๐ฅ $49.26 billion vs $53.20 billion by -7.41%
Read more at Handelsblatt: https://bit.ly/3MO3128
--Pfizer--
EPS: ๐ฉ $1.62 vs $1.57 expected
Revenue: ๐ฉ $25.66bn vs $24.73bn expected
๐ฆ๐๐ผ๐ฐ๐ธ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฎ๐:
๐ฉ TOP, $IPGP (-1.43%) IPG Photonics Corp (๐ผ+16.01%).
๐ฅ FLOP, $EXPE (+1.98%) Expedian Group Inc (๐ฝ-15.01%)
๐ฅ Most searched, $AMZN (+0.26%)
Amazon.com Inc (๐ฝ-0.24%)
๐ฅ Most traded, $BAS (-0.12%) BASF SE (๐ฝ1.02%)
๐ฉ S&P500 (๐ผ+0.33%)
๐ฉ DAX (๐ผ+0.02%)
๐ฅ $BTC (-1.29%) Bitcoin โฟ, $38,266.50 (๐ฝ-0.63%)
Time: 17:00 CEST
๐๐๐ป๐๐ฎ๐ฐ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฎ๐:
14 companies that started in the DAX 31 years ago are still in the leading index today, including Allianz, BMW, Daimler, Deutsche Bank, Lufthansa and Siemens.
