Live from the markets: Vallourec, Soitec, Burberry, Sanofi, Cisco, HelloFresh, GTT… – 16/11/2023

Every morning, the Zonebourse team identifies and summarizes the most important information about listed companies around the world, so you have the most important news at the start of the trading day. The content includes one section on France and the other on key international markets, particularly US companies and companies from key European markets (UK, Germany, Switzerland, Italy, Spain) and Asia Pacific.

In France

Operating results (comments are given directly and do not anticipate the evolution of the securities)

Important (and less important) announcements

  • Sanofi has begun preliminary talks with Rothschild for a separate listing through a spinoff of its consumer health business, Bloomberg News reported, at a valuation of up to $20 billion.
  • Publicis appoints Loris Nold as CFO.
  • Gaztransport & Technigaz receives a huge order for the design of tanks for 17 LNG tankers.
  • Traffic at Aéroports de Paris airports increased by 8.3% in October.
  • Vallourec registers €300 million in orders from Aramco.
  • Argan supplies and rents a 14,500 m² tri-temperature platform in Mâcon for Back Europe, France.
  • Hydrogène de France will be co-developer of the giant project for the production of green hydrogen White Dunes in Morocco.
  • Quantel (Lumibird) is one of the winners of the project call “Medical Imaging of France 2030”.
  • Global Bioenergies extends its lifespan to early 2025 thanks to the receipt of several public financings.
  • They have published / They must publish : Reworld, TotalEnergies EP Gabon, Avenir Telecom, Parrot, Abionyx, Foncière Volta…

In the big world

Company results (comments are given directly and do not anticipate the evolution of the securities, except for post-session exchanges in the United States, which normally reflect the trend well)

  • Burberry said it was hit by a global slowdown in luxury spending, which could jeopardize its sales growth forecast for the current financial year and weigh on profits.
  • Cisco fell 11% outside the session after disappointing performance.
  • HelloFresh lowers its forecasts due to disappointing results in the United States.
  • MorphoSys reduces losses in the third quarter, but sales decline.
  • Palo Alto lost 6% outside the session after disappointing performance.

Important (and less important) announcements

  • Meta on Wednesday appealed the “gatekeeper” designation for its Messenger and Marketplace platforms in the EU, but will not challenge those of WhatsApp, Facebook and Instagram.
  • Adobe fears EU antitrust warning in Figma case.
  • Britain will increase guaranteed prices for offshore wind projects by 66% at the next auction, supporting the sector (Orsted, Vestas, Siemens Energy, Nordex, etc.).
  • Leonardo will invest 6.3% of its US subsidiary Leonardo DRS, up to 79.3%.
  • Microsoft unveils two chips tailor-made for AI.
  • Kraft Heinz announces the appointment of Carlos Abrams-Rivera as Chief Executive Officer.
  • ValueAct Capital takes a stake in Expedia.
  • General Motors acquires Tooling & Equipment International.
  • The most important publications of the day: Walmart, Macy’s, Alibaba, Lenovo, Acciona, United Utilities, Pershing Square, Allegro, CTS Eventim, Aegon, Bâloise… The entire agenda here.


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