Midgard Finance Blog Pharma pipelines, European equities, and financial data

• BorgWarner to Acquire Delphi Technologies in All-Stock Transaction to Strengthen Propulsion Systems Leadership
  28 January 2020  ·  Auto parts AXL BorgWarner
  BorgWarner ($BWA) is to acquire Delphi Technologies ($DLPH) to strengthen its propulsion systems leadership.
• Mylan/Viatris and Teva at the 38th Annual J.P. Morgan Healthcare Conference
  16 January 2020  ·  generics MYL Mylan
  Mylan presented on Viatris at the 38th Annual J.P. Morgan Healthcare Conference. Below are selected slides from the presentations of Mylan and Teva at the conference and figures comparing the existing business entities prior to the merger with Upjohn.
• European earnings calendar
  15 January 2020  ·  Denmark EU Europe
  The earnings season in the US has kicked off with earnings from the banks JP Morgan ($JPM) and Wells Fargo ($WFC). Below are the earnings date for selected European and Nordic publicly listed companies. The companies are mostly constituents of the indices EURO STOXX 50®, STOXX® Europe 50 and OMX Nor
• Constellation Brands raises forecast and takes further Canopy impairment charges
  8 January 2020  ·  breweries STZ Breweries
  Constellation Brands issued a press release on its third quarter earnings before the opening bell with the following highlights.
• Keytruda®, Ozempic® and the other blockbuster drugs of the 3rd quarter of 2019
  2 November 2019  ·  Biktarvy cross-industry analysis Dupixent
  The pharmaceutical companies AbbVie and Novo Nordisk presented their quarterly results today and concluded the earnings season for the major pharmaceutical companies. There are currently more than 50 blockbuster drugs in the world with annual sales exceeding a billion US dollars. Here the best selli
• Diabetes and the third quarter of 2019
  2 November 2019  ·  diabetes Eli Lilly Europe
  Novo Nordisk and Eli Lilly have both reported their Q3 results. Below are some of the headlines related to their diabetes business.
• Kraft Heinz increases prices but experiences negative organic growth of -1.1%
  31 October 2019  ·  FMCG KHC Kraft Heinz
  Kraft Heinz issued a press release on its third quarter results before the market opened. Organic growth was -1.6% in the US and -1.1% for the whole business.
• AB InBev increases prices in South Korea and Brazil and sees volume decline
  25 October 2019  ·  AB Inbev ABI.BR beer
  AB InBev issued a press release on their quarterly results before the market opened.
• Amazon operating income drops and AWS margins contract
  24 October 2019  ·  2019Q3 Amazon AMZN
  Amazon issued a press release on their third quarter results after the market closed.
• Microsoft Cloud Strength Drives First Quarter Results
  23 October 2019  ·  Amazon AMZN cloud
  Microsoft issued a press release on its 2020 first quarter results after the markets closed with the following bullet points.
• Chr. Hansen and Novozymes both tumble
  23 October 2019  ·  biofuel Chr. Hansen CHR.CO
  The two Danish enzyme manufacturers Chr. Hansen and Novozymes both saw their share price tumble following third quarter earnings. Chr. Hansen released earnings on October 10th and Novozymes released earnings on October 23nd. This followed the October 9th profit warning from Novozymes. Chr. Hansen, w
• P&G raises 2020 guidance amidst shining beauty and trimmed grooming
  22 October 2019  ·  2019Q3 FMCG PG
  Procter & Gamble [$PG] issued a press release on its first quarter results prior to the market opening. The company raised its full year guidance. The share price jumped by 2.6% from $119.08 to a 52 week high of $122.18.
• Bank OZK misses revenue and earnings estimates
  17 October 2019  ·  bank Bank OZK banks
  Bank OZK [$OZK] issued a press release after the closing bell on its quarterly results accompanied by the following comment from the CEO George Gleason.
• Roche reports very strong sales growth in the first nine months of 2019 – outlook raised
  16 October 2019  ·  healthcare Ocrevus Perjeta
  Roche issued a press release on its nine month sales with the following headlines.
• Netflix beats on profit but misses on number of new subscribers
  16 October 2019  ·  2019Q3 entertainment Netflix
  Netflix issued a press release on its quarterly results after the closing bell.
• UnitedHealth beats estimates and raises outlook
  15 October 2019  ·  healthcare PBMs UNH
  United Healthcare [$UNH] issued a press release on its quarterly results before the market opened with the following headlines:
• J&J tops estimates
  15 October 2019  ·  2019Q3 healthcare J&J
  Johnson & Johnson [$JNJ] issued a press release before the market opened on its third quarter results with the following headlines:
• European earnings calendar
  5 October 2019  ·  2019Q3 earnings Europe
  Three important indexes in Europe are the STOXX Europe 50 for Europe and the EURO STOXX 50 for the Eurozone and the S&P 350 Europe .
• Profit margins stabilising at H&M
  3 October 2019  ·  H&M HM-B.ST Sweden
  H&M released their nine month report prior to the market opening on October 3rd. Some of the headlines from that report are:
• PepsiCo will meet or exceed its full-year organic revenue growth target of four percent
  3 October 2019  ·  consumer goods consumer staples KO
  PepsiCo issued a press release regarding its quarterly results before the market opened.