getquin Daily Summary 30.09.2022

Hello getquin,

today we talk about EU support for car emissions, a new plan to make stocks, startups and co. more attractive and the extension of Disney's CEO.

Feel free to write your opinion in the comments!

Europe🌍:

1. EU countries support plan for passenger car emissions

European Union countries have endorsed a push to eliminate carbon emissions from new cars by 2035, signaling the end of the internal combustion engine era.

Environment ministers agreed on the proposal after Italy, home of Ferrari and Automobili Lamborghini, waived a requirement for a five-year delay in the EU's plan to convert its car fleet. Italian Minister for Environmental Change Roberto Cingolani told his counterparts Tuesday he was "satisfied" with a compromise proposed by Germany that would allow the use of carbon-neutral fuels after 2035.

More on the plans: 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.

Among other things, the plan calls for 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🌏:

3rd Disney board of directors approves extension of CEO Bob Chapek

Despite the company's disastrous start in 2022 under his leadership, Disney's board of directors has unanimously voted to extend current CEO Bob Chapek's contract for another three years. Disney's board of directors confirmed the result of its vote on June 28, fully backing Chapek despite the fact that his actions have earned the House of Mouse a bad reputation in the public eye and a devaluation in the billions of dollars.

What will be his plan? https://bit.ly/3ucZ0xE

🟥 $DIS (-0,24 %) (🔽 -2,47%)

Quarterly figures:

Constellation Brands, Inc. Class A $STZ (-0,34 %)

EPS: 🟩 $2.12 expected vs $2.37 published; Difference: 11.76%.

Sales: 🟩 $2.02 billion expected vs $2.10 billion published; variance: 4.24%.

Stocks of the day:

🟥 FLOP $DOCN (+0,12 %) , 37,58 € (🔽 -9,11%)

🟥Most searched $SHOP (+0,9 %) 29,83 (🔽 -5,24%)

🟥 Most traded $BAS (-0,12 %) , 40,61 € (🔽 -2,52%)

🟥 S&P 500, 3,752.58 (🔽 -1.73%)

🟥 DAX, 12,673.83 (🔽 -2.53%)

🟥 bitcoin ₿, €18,224.68 (🔽 -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.