๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ก๐ฒ๐๐ ๐๏ธ
๐๐ฒ๐ฑ ๐๐ถ๐ฒ ๐ฒ๐ฟ๐๐ฎ๐ฟ๐๐ฒ๐ / ๐ฃ๐ฎ๐ธ๐ฒ๐๐ฒ ๐๐ถ๐ป๐ฑ ๐ด๐ฒ๐ณ๐ฟ๐ฎ๐ด๐ / ๐ฃ๐ต๐ฎ๐ฟ๐บ๐ฎ๐ฟ๐ถ๐ฒ๐๐ฒ๐ป / ๐๐ฟ๐๐ฝ๐๐ผ๐ต๐ฎ๐ป๐ฑ๐ฒ๐น ๐ถ๐ป ๐๐๐๐๐ฟ๐ฎ๐น๐ถ๐ฒ๐ป
๐๐ฃ๐ข๐ ๐
Veganz - The Berlin-based company has now revealed the official issue price of โฌ87 for its IPO on November 10. This results in gross issue proceeds of โฌ47.6 million.
๐๐ -๐๐ฎ๐๐ฒ๐ ๐
As of today, Amรฉrica Mรณvil ($MV9L), Bank Of Princeton ($BPRN), Columbus McKinnon Corp. ($VC3 (-1.13%)), CMS Energy ($CSG (+0.79%)), Dana Corp. ($4DH (-0.45%)), First Commonwealth Bank ($FCF (+0.31%)), FirstEngergy ($FE7 (-0.52%)), Howmet Aerospace ($48Z (+0.14%)), Idacorp ($IDJ (-1.42%)), Intel ($INL (+1.8%)), J. B. Hunt ($JB1 (-0.49%)), Lamb Weston Holdings ($0L5 (-1.58%)), National Western Life ($NWLI) and Warrior Met Coal ($WJ4 (+0%)) traded ex-dividend.
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป ๐
Today, among others, Alibaba Group ($2RR (-2.55%)), Barrick Gold ($ABR (+0.54%)), Citrix ($CTX), Commerzbank ($CBK (-1.64%)), Credit Suisse ($CSX), Deutsche Post AG ($DPW (+0.13%)), Elmos Semiconductor ($ELG (+1.79%)), Evonik ($EVK (-0.02%)), Expedia ($E3X1 (+1.98%)), Freenet ($FNTN (-1.23%)), Fujifilm ($FJI (-1.36%)), Hannover Re ($HNR1 (-0.97%)), HeidelbergCement ($HEI (-0.69%)), Hugo Boss ($BOSS (+0.51%)), ING ($INN1 (-0.73%)), Kellogg Company ($KEL (-0.77%)), Lanxess ($LXS (-0.26%)), Mitsubishi Motors ($MMO (+2.47%)), Moderna ($0QF (-1.12%)), Monster Beverage ($MOB (-0.16%)), Motorola Solutions ($MTLA (+0.44%)), Nikon ($NKN (+1.29%)), Peloton ($2ON (+0.79%)), Pfeiffer Vacuum ($PFV (-0.39%)), ProSiebenSat.1 Media ($PSM (-1.4%)), RTL Group ($RRTL (-0.66%)), Siemens Healthineers ($SHL (-1.01%)), Toyota ($TOM (+2.16%)) and Vonovia ($VNA (+2.37%)) presented their figures.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐๏ธ
Fed - As expected, the Federal Reserve decided to reduce its bond purchases. Instead of the previous $120 billion per month, only $105 billion will be invested in the purchase of government bonds and mortgage-backed securities starting in mid-November. Further cuts are planned from December.
Now all eyes are on possible interest rate hikes, but the ECB considers an increase in the key interest rate next year unlikely. Similarly, Deutsche Bank does not expect interest rates in the USA to be adjusted before December 2022.
Deutsche Post ($DPW (+0.13%)) - Deutsche Post stock has been on the upswing lately and it is one of the best performers of the day. The paper was able to improve by 2.8 percent and was at EUR 57.35 in the meantime. An average price target of EUR 64.72 is targeted. Analysts expect earnings of EUR four per share for 2022.
Roche ($RHO5 (+0.46%)) / Novartis ($NOT (-0.1%)) - In order to achieve full strategic independence, pharmaceutical giant Roche has repurchased from a competitor Novartis its Roche shares for 19 billion Swiss francs. It was agreed to buy back 53.3 million shares at a price of 356.9341 Swiss francs. Christoph Franz said that he is convinced that this planned transaction is in the best interest of Roche and its shareholders from a strategic and economic point of view.
๐๐ฟ๐๐ฝ๐๐ผ ๐
Commonwealth Bank ($CWW (-1.86%)) - Australia's largest bank stated over the past day that they are working on making Bitcoin and other cryptocurrencies tradable for their customers in the coming weeks. Furthermore, they elaborated that they also want to offer it to their customers to store the cryptocurrencies for them. Initially, only Bitcoin ($BTC-EUR (-1.64%)), Bitcoin Cash ($BCH-EUR (-2.48%)), Ethereum ($ETH-USD (-0.83%)) and Litecoin ($LTC-EUR (-0.48%)) will be available. The implementation will take place in collaboration with Gemini, a U.S.-based company specializing in the safekeeping of crypto assets. Commonwealth Bank is by far the largest financial institution on the continent, with total assets of $688.4 billion, so this news is a big step for the crypto industry.
Follow us for french content on @MarketNewsUpdateFR