Highlights: February 7, 2022 - February 13, 2022
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PriceRunner sues Google for 2.1bn euros
Price comparisons company PriceRunner said it has sued Google for about 2.1 billion euros ($2.40 billion) at a court Stockholm....BNP Paribas FY21 profit climbs
BNP Paribas reported that its fiscal 2021 net income attributable to equity holders climbed to 9.49 billion euros from last year's 7.07 billion euros....Tyson Foods Q4 net income $1.12 billion
Tyson Foods reported Monday a profit for the first quarter that more than doubled from last year, reflecting sales growth amid strong consumer demand....Frontier to buy Spirit Airlines for $2.9 billion
Frontier agreed to buy Spirit Airlines for $2.9 billion in cash and stock....Serbian President Vucic: We're in talk about 7.3bn euros investment, 35,000 new jobs
Serbian President Aleksandar Vucic said talks were underway with 92 investors about potential investments in Serbia worth 7.3bn euros in total....Pfizer Q4 revenues increased 105%
Pfizer fourth quarter 2021 revenues totaled $23.8 billion, an increase of $12.2 billion, or 105%, compared to the prioryear quarter, reflecting operational growth of $12.3 billion, or 106%, as well as an unfavorable impact of foreign exchange of $135 million, or 1%....Amgen Q4 profit $1.90 billion
Amgen announced earnings for its fourth quarter that increased from last year....Peloton to cut 2,800 positions, removes CEO
Peloton Co-Founder and Executive Chair John Foley sent a messages to the Peloton Team on February 8....A.P. Moller-Maersk FY21 revenue up 55%
A.P. Moller - Maersk reported full year profit of which A.P. Moller - Maersk A/S' share of $17.94 billion compared to $2.85 billion, last year....Tritium to establish U.S. manufacturing operations in Wilson County, Tennessee, create more than 500 jobs
Tritium announced the company will establish its U.S. manufacturing base in Tennessee....North Carolina: Sherwin-Williams expansion in Iredell County will create 183 jobs
The Sherwin-Williams Company will create 183 jobs in Iredell County as it expands its facilities in Statesville, North Carolina....German exports in 2021 +14% compared with 2020
In December 2021, German exports were up by 0.9% and imports by 4.7% on November 2021, after calendar and seasonal adjustment....DuPont Q4 net sales up 14 percent
DuPont announced financial results for the fourth quarter 2021....CVS Q4 profit $1.31 billion
CVS Health reported earnings for its fourth quarter that increased from last year....AstraZeneca FY21 revenue up 41%
AstraZeneca said, in 2021, its total revenue increased by 41% and core EPS grew by 32%....Walt Disney Q1 profit $1.10 billion
Walt Disney reported first quarter profit of $1.10 billion or $0.61 per share, compared with last year's profit of $17 million or $0.01 per share....Thyssenkrupp Q1 adjusted EBIT increased to 378 million euros
Thyssenkrupp said its first quarter order intake, sales and adjusted EBIT rose significantly year-on-year....Credit Suisse pre-tax loss CHF 522 mn in FY21
Net revenues were down 12% year on year, impacted by a reduced risk appetite across the Group in 2021, a negative impact on our franchise momentum and a return to a more normal trading environment after the exceptional conditions that prevailed for most of 2020 and 2021....Siemens Q1 profit 1.64 billion euros
Siemens reported that its first quarter net income attributable to shareholders rose to 1.64 billion euros or 2.02 euros per share from 1.38 billion euros or 1.70 euros per share in the same quarter last year....ArcelorMittal net income jumps greatly
ArcelorMittal reported three-fold rise in net income at $4,045 million for the fourth quarter ended December 31, 2021....Herc Holdings Q4 revenues $578.0 million
Herc Holdings reported financial results for the quarter ended December 31, 2021....PepsiCo Q4 net income $1.32 billion
PepsiCo reported that fourth quarter net income attributable to the company declined to $1.32 billion or $0.95 per share from $1.85 billion or $1.33 per share in the year-ago quarter....Informa sells Pharma Intelligence to Warburg Pincus for 1.9bn pounds
Warburg Pincus announced the acquisition of Pharma Intelligence, a provider of specialist intelligence, data, and software for clinical trials, drug development, and regulatory compliance, from Informa, the international B2B markets knowledge services and business intelligence group....Volvo posts all-time high revenue and profitability
Volvo Cars reported an all-time high revenue and profitability for the full year 2021....Rosneft Q4 revenues $35.2 bn
Rosneft 4Q 2021 revenues and equity share in profits of associates and joint ventures amounted to RUB 2,537 bln ($35.2 bln)....Volvo Cars to invest $1 billion in Torslanda plant
With its next generation of pure electric cars, Volvo Cars aims to offer customers a longer range, quicker charging and lower costs, and reach new milestones in automotive safety and sustainability....Zurich profit increased 35%
Zurich Insurance Group reported very strong profits for the full year 2021....Goodyear Q4 sales up 38%
The Goodyear Tire & Rubber Company reported results for the fourth quarter of 2021....Omnis Building Technologies to build $40 million facility, create 150-300 jobs in West Virginia
Omnis Building Technologies will build a $40 million, 150,000-square-foot facility in Bluefield, West Virginia to manufacture housing materials that will revolutionize the future of residential construction, creating 150-300 jobs in the process....Lyons Bancorp reported record earnings
Lyons Bancorp, the parent financial holding company for The Lyons National Bank reported record earnings for 2021.... ■