Tesla, Disney, Thermo Fisher, Global Payments and many more

The United States will not switch to standard time until next Sunday. Thus, Wall Street will open this week at 2:30 p.m. French time to close at 9 p.m.

Among the main values ​​to follow this Monday on Wall Street, we find once again Tesla, but also Disney, Thermo Fisher, Stryker, Aflac, Williams Companies, Arista Networks or Global Payments…

Tesla would have held preliminary discussions with Glencore about a 10 to 20% stake, according to the Financial Times. People familiar with the subject quoted by the FT specify that these discussions would have started last year and would have continued in March, but would have stopped without any agreement being reached. Tesla would indeed have worried that Glencore’s coal business would conflict with its environmental goals.

Walt Disney. The Shanghai Disney Resort will close from October 31 to follow pandemic prevention and control requirements in China. In order to comply with these prevention and control requirements, Shanghai Disney Resort, including Shanghai Disneyland, Disneytown and Wishing Star Park, will be closed from Monday, October 31, effective immediately. Customers will be notified as soon as a date is confirmed to resume operations.

Thermo Fisher Scientific is close to an agreement to acquire Binding Site for £2 billion, about $2.3 billion, Bloomberg reports. People familiar with the matter said a deal with seller Nordic Capital could be announced as early as the next few days.

Global Payments published record accounts for its third fiscal quarter. The US payment service provider reported adjusted revenue of $2.06 billion, up 3% year-on-year and 6% at constant currency. Adjusted earnings per share climbed 14% to $2.48 (+18% at constant exchange rates). The adjusted operating margin improved by 240 basis points to 45.2%. For 2022, the group continues to forecast adjusted net revenue growth in constant currencies of 10 to 11% excluding disposals. Adjusted EPS at constant currencies is still expected between $9.53 and $9.75, representing growth of 17 to 20% compared to 2021. Finally, the group expects an increase in adjusted operating margin of up to 170 basis points, an upward revision compared to previous forecasts (up to 150 bps).

Onsemi, Motorola’s semi-conductor spin-off, reported earnings per share of $1.45 for the third fiscal quarter, close to a consensus of $1.32. Revenues totaled 2.19 billion, versus 2.12 billion market consensus. Adjusted earnings per share for the fourth quarter are expected between $1.18 and $1.34, a range around the consensus. Revenues are expected between 2.01 and 2.14 billion.

Loews reported third-quarter net income of $130 million, 54 cents per share, versus $220 million a year earlier. “Loews delivered another strong quarter. Loews Hotels & Co continues to deliver outstanding performance and CNA produced an excellent underlying combined ratio of 91.1%,” said James S. Tisch, President and CEO of Loews Corporation. .

Stryker, Aflac, Williams Companies, NXP Semiconductors and Arista Networks, publish after trading tonight on Wall Street their latest quarterly financial results.

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