Corporate results:
  • Evotec confirms its annual targets despite a cyber attack.
  • Siemens Energy downgrades its earnings outlook due to difficulties in the wind sector. The sector seems to remain unattractive.
  • Vodacom announces a 6.4% drop in annual profit.
In other news:
  • Newmont will buy Newcrest for an enterprise value of close to $19bn, i.e. 0.4 Newmont for 1 Newcrest. The two companies have reached an agreement.
  • Apollo ended takeover talks with John Wood.
  • US healthcare group Envision Healthcare, backed by KKR, filed for bankruptcy protection on Monday.
  • Oneok announced on Sunday that it would buy oil pipeline operator Magellan Midstream Partners in a deal valued at about $18.8 billion, including debt.
  • Western Digital and Kioxia Holdings, the world's No. 2 and No. 4 flash memory companies, respectively, are accelerating merger talks, Reuters reports.
  • Kioxia and Western Digital accelerate merger talks.
  • Tesla - The head of the carmaker, Elon Musk, will attend the "Choose France" summit in Versailles on Monday after a planned meeting with Emmanuel Macron at the Elysée Palace.
  • General Motors is to recall a large number of vehicles due to defective airbags.
  • Analog Devices announced on Monday that it plans to invest €630 million in a new research and development (R&D) and manufacturing facility in Ireland, which would allow the chipmaker to expand its capacity in Europe.
  • Rheinmetall forms a joint venture with a Ukrainian arms group.
  • Luminar Technologies - Chief executive Austin Russell will take a majority stake in Forbes Global Media Holdings in a deal that values the company at nearly $800 million, Russell and Integrated Whale Media Investments (IWM), Forbes' parent company, announced Friday.
Today's main earnings reports: Axa, Mitsubishi UFJ, Constellation Software, Siemens Energy, Porsche Automobil, Vantage Towers, Talanx... All the agenda is here.