$BAYN (+3,44%) When will the share get back on its feet?
BayerDE000BAY0017BAYNBAYN
Since $BAYN (+3,44%) is now out as a reliable short candidate, I have taken a liking to $NKE (+9,5%) found
As every Sunday, the most important dates for the coming week, as well as the news from the previous week.
The dates are also available as a video:
https://youtube.com/shorts/6nu4aDqgxSU?si=Ct0gxxjB9Zyz-i-k
Monday:
Bayer is already earning money with the blockbuster drug Kerendia. $BAYN (+3,44%) Bayer is already making money with the blockbuster drug Kerendia. The aim now is to use the drug in other areas as well. Good figures are available for the heart and kidney drug, which should possibly enable approval for heart failure.
https://www.deraktionaer.de/artikel/pharma-biotech/bayer-enormes-wachstumspotenzial-20365248.html
$VOW (-0,25%) VW is discussing lifting the employment guarantees. This is of course well received on the stock market, as it gives VW greater flexibility in the challenging environment of the automotive industry, which is likely to be characterized by consolidation in the coming years. VW recently missed its own profitability targets, so now personnel costs are to be reduced.
Tuesday:
Activity in the manufacturing sector in the USA 🇺🇸 fell much more sharply than expected in August. The production index fell to 44.8 points.
Wednesday:
Producer prices within the EU have fallen further. In the EU by 1.9% compared to July 2023, in the euro area by 2.1%.
The Canadian 🇨🇦 central bank has now cut the key interest rate again. Again by 25 basis points, the third cut in a row since June 2024. The key interest rate is still at 4.25 %.
Thursday:
$BMW (+0,81%) BMW enters into a cooperation with Toyota for fuel cell drive systems and promises to halve the costs. BMW wants to start series production with fuel cell technology as early as 2028. Mercedes and VW, on the other hand, have scaled back their fuel cell ambitions for the time being.
Friday:
In the USA 🇺🇸, fewer jobs were created than expected, with 140,000 instead of 160,000. As a result, the unemployment rate has fallen again to 4.2%. Nevertheless, the labor market data paves the way for the first interest rate cut in the US. The only question now is whether it will be 50 basis points or just 25 basis points.
Key dates for the coming week:
Wednesday: 03:00 Presidential debate (USA)
Thursday: 14:15 Interest rate decision (Eurozone)
Thursday: 14:30 Producer prices (USA)
Have you ever thought about how companies actually get their ticker symbols?
Of course, you can make it as easy as Okta and $OKTA (+0,66%) or just take Meta $META (+3,24%) , $UBER (+1,62%) , $SAP (+2,96%) etc. or you can be clever like Porsche with $P911 (+0,6%) or Salesforce with $CRM (+5,04%) and advertise the product with your own ticker.
But then there are also companies that omit a letter from their name for no reason, such as $BAS (+2,29%) , $PEP (-0,84%) or $TSLA (+6,49%) and there are really crazy ones that simply use $AAPL (+2,87%) instead of $APPLE or $BAYN (+3,44%) instead of $BAYER. Steve Jobs can't tell me that there was nothing better than writing Apple with two A's back then.
And of course there are $AFX (+0,38%) and $KO (-1,76%) the ticker has nothing to do with the actual name.
Finally, there is also the faction that simply uses the classic $C (+4,51%) , $O (-2,72%) , $V (-1,68%) or $F (-1,21%) which at least makes sense because it really is much shorter.
As every Sunday, the most important news from the past week, as well as the dates for the coming weeks.
Also as a video:
https://youtube.com/shorts/f0axgV1KRVs?si=6MLwRC5IQHK7FPqt
Monday:
$FRAS (+2,6%) Frasers seizes the opportunity and increases its stake in $BOSS (+3,75%) HUGO BOSS. The share had recently fallen by more than 50% compared to its highs in 2023. Frasers Group now directly holds more than 15% of the voting rights.
Tuesday:
$HFG (-3,63%) Hellofresh can grow the bottom line and the ready-to-eat segment grows by almost 45%, sales in the cooking box business shrink by 10%. Overall, sales increased by 0.9%. This means that Hellofresh is already able to compensate for the falling sales in the cooking box business and return to growth. In addition
Hellofresh was able to refinance itself favorably. Hellofresh therefore continues to have a solid capital structure.
Producer prices in the USA 🇺🇸 are better than expected. Instead of +0.2 % compared to the previous month, it was +0.1 %. This increasingly points to a first interest rate cut at the beginning of September.
https://finanzmarktwelt.de/inflation-usa-erzeugerpreise-niedriger-was-nun-318977/?amp
Wednesday:
With the exception of Japan, there is growing evidence of a global turnaround in interest rates. Even the economically relatively insignificant (GDP: around USD 250 billion) island state of New Zealand 🇳🇿 has now lowered interest rates. The key interest rate has been lowered from 5.5% to 5.25%.
At +2.9%, the inflation data from the USA 🇺🇸 was below expectations of +3.0%. The markets continue to rise accordingly, and an interest rate cut by the Fed is becoming more likely.
Big deal in the food industry. The non-listed food giant Mars takes over the Pringles manufacturer $K (-0,26%) Kellanova. It is likely to be one of the biggest takeovers in the food industry ever. The confectionery giant Mars already has a turnover of USD 50 billion. With Kellanova, turnover will increase by a further USD 13 billion. The takeover is likely to cost USD 36 billion.
Thursday:
The trade union-affiliated IMK puts the probability of a recession in Germany at 49.2%. The main problems are domestic consumer demand and general demand from abroad.
$CSCO (+0,97%) Cisco has exceeded expectations with its sales forecast for the current quarter. In the previous quarter, sales fell by 10% and profits plummeted by 45%.
https://www.finanzen.net/amp/optimismus-cisco-aktie-steigt-prognose-uebertrifft-erwartungen-13767655
Domestic consumption is driving the economy in Japan 🇯🇵. In the 2nd quarter, GDP grew by an annualized 3.1%. Experts had only expected growth of 2.1%.
$BAYN (+3,44%) Bayer can dismiss a lawsuit in an appeals court. As there are contradictory rulings from appeal courts, Bayer continues to demand that the glyphosate case be brought before the Supreme Court.
Key dates in the coming week:
Tuesday: 14:30 Inflation data (Canada)
Wednesday: 20:00 FOMC Minutes (USA)
Thursday: 10:00 Purchasing Managers' Index (EU)