𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️
𝗣𝗵𝗮𝗿𝗺𝗮, 𝗔𝘂𝘁𝗼 𝘂𝗻𝗱 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺
𝗜𝗣𝗢𝘀 🔔
Biofrontera AG ($B8F) — Its U.S. subsidiary, Biofrontera Inc., is going public. The offering is expected to generate gross proceeds of approximately $18 million.
The Leverkusen-based company specializes in dermatological pharmaceutical products and markets a drug for photodynamic therapy.
𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅
Starting today, Blackstone Group ($BBN1 (-2,44 %)), Citigroup ($TRVC (-1,86 %)), Hasbro ($HAS (-0,35 %)), Texas Instruments ($TII (-0,78 %)), Evertec ($2EV (+0,82 %)), Kinder Morgan ($2KD (+0,21 %)), Oneok ($ONK) and Banco Santander ($BSD2 (-0,62 %)) are trading ex-dividend.
𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈
Today, Air France-KLM ($AFR), Bank of China ($BOF (-0,94 %)), BNP Paribas ($BNPQY (+0 %)), Caixabank ($48CA (-1,86 %)), Chevron Corporation ($CHV (-2,05 %)), Daimler AG ($DAI (-2,78 %)), FORTEC Elektronik ($FEV (+0,66 %)), W. W. Grainger ($GWW (-0,32 %)), Nomura Holdings ($NSE (-0,46 %)), PetroChina ($PC6 (-2,59 %)) and Weyerhaeuser ($WHC (-0,47 %)) reported their earnings.
𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️
Daimler ($DAI (-2,78 %)) — Despite a massive slump in sales, Daimler posted surprisingly strong results last quarter. Thanks to rising prices, the company managed to keep its revenue nearly stable and even increase its profit. The stock price has risen in recent weeks from 70 euros in mid-September to just under 84 euros. Net profit rose by 21 percent and now stands at 2.47 billion euros. Analysts expect the stock price to rise, as Daimler has proven to be robust and resilient.
Facebook / Meta ($FB2A (+1,29 %)) – The company is rebranding itself as “Meta.” The goal is to create a brand that unites all of the group’s companies and products. The reason for this name is the planned metaverse that the group intends to build.
𝗖𝗿𝘆𝗽𝘁𝗼 💎
Ethereum ($ETH-USD (-0,41 %)) - Following the successful launch of the Altari Beacon Chain upgrade, ETH reached a new all-time high of $4,400.97 last night. This upgrade paves the way for ETH 2.0, which will be based on proof-of-stake rather than proof-of-work. ETH has maintained bullish momentum since July, when its price was still at $1,780. Ethereum has benefited particularly from the DeFi and NFT boom of recent months.
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