Rocket Internet starts the new year with black numbers

Rocket-Internet 2The startup blacksmith Rocket Internet started the new year with black numbers.

The holding company of the brothers Samwer was able to earn a consolidated profit of 75 million euros, as the company announced on Tuesday in Berlin. By contrast, 2017 was a year of losses for the company, which has been listed in the MDAX since March. In the first quarter of the previous year, Rocket Internet had still suffered a deficit of 86 million euros. Sales climbed from 9 to 10 million euros year-on-year.

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Reederei giant Maersk announces austerity measures

MAERSKMaersk, the world’s largest shipping group, announced immediate austerity measures following a disappointing first quarter.

“Our result, especially in the ocean division (container freight and port terminals) was insufficient,” said company boss Søren Skou on Thursday. On balance, Maersk posted a profit of 2.75 billion US dollars (currently about 2.3 billion euros). However, this was heavily influenced by the sale of the oil business. All sales excluding the loss increased significantly to $ 239 million.

“Given the current challenging market conditions, we will launch a number of short-term initiatives to improve profitability,” announced Skou.
The turnover of the Danish shipping company Giant grew in the first quarter by 30 percent to about 9.25 billion dollars. Two thirds of the increase was accounted for by the takeover of the shipping company Hamburg Süd. The sale of the oil business spilled $ 2.6 billion into the coffers. Maersk wants to evolve from being an oil and shipping giant to becoming a transport and logistics company.

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Outlook Richemont: annual sales of 11.2 billion euros expected

richemont group

The market environment for luxury goods manufacturers has brightened over the past twelve months, from which the Geneva-based group Richemont also profited in the 2017/18 financial year. Although repurchases from the warehouses of watch dealers worldwide could cloud the development a bit. Overall, however, local currency analysts still expect at least a high single-digit percentage growth.

It is unclear to what extent the stock repurchases impair the operating result. This has also led to a relatively wide range of analyst estimates. Despite the burden, however, the operating margin is likely to make huge strides towards the 20 percent mark. The basis for this is the highly profitable jewelry business and the increase in profitability in the watch business.

Analysts are also hoping for answers to the question of whether the group-owned and recently refurbished leather brand Lancel is now being sold. In March, the Italian Piquadro group had registered their interest. Questions also arouse among analysts the surprisingly abrupt departure of Chief Technology Officer Jean-Jacques Van Oosten and the potential impact on the Group’s e-commerce strategy.

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Walmart exceeds expectations in the first quarter – share had to give up

However, the operating result remained stable and Walmart increased its sales more than expected. The stock was in the Thursday trading with discounts and finally went down 2.01 percent at $ 84.40 from the trade.

 Net income for the quarter as at the end of April was down 30 percent year-over-year to $ 2.13 billion. Due to a change in accounting, the Group had to report an investment in the online retailer as unrealized loss. On an adjusted basis, earnings per share increased 14 percent to $ 1.14. Analysts had expected by consensus with 2 cents less.


The operating result of $ 5.15 billion remained almost at the previous year’s level. In contrast, sales increased by 4.4 percent to 122.7 billion dollars. Here, the analysts had predicted 120.5 billion. Like-for-like sales in the US increased by 2.1 percent.

The recently announced acquisition of a $ 16 billion majority interest in the Indian startup Flipkart will reduce earnings per share for the current fiscal year 2018/19 by 25 to 30 cents should the deal be completed by the end of the second quarter. The company will publish an updated outlook with the second quarterly report.


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Twitter stock turns negative: keeps itself in black

TwitterUntil recently, the message service Twitter has been in the black for the second quarter in a row.

Finally, the reconstruction work of co-founder Jack Dorsey, who returned to the Twitter top two and a half years ago, finally took hold .

Twitter was also able to record a noticeable increase in the number of users. At least once a month, 336 million users were active – in the previous three months, the number had stagnated at 330 million.

This growth was mainly outside the US with a jump from 262 to 267 million users. In the home market, however, Twitter is stuck for over a year just below the mark of 70 million users. The number of daily active users increased worldwide by ten percent – but Twitter does not traditionally put them.

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Netflix continues to be in debt

netflixLast week, Netflix presented very solid figures for the first quarter. Even before, I had assumed that the company would soon raise more money in the bond market. And that’s exactly what you do now. With an improved credit rating and rising EBITDA profits, the video streaming giant is going on.

What’s new?
On Monday morning, Netflix announced it would raise about $ 1.5 billion from another bond sale. No wonder – since the fall of 2016, the company reliably sells senior notes every six months.

The magnitude of this this cash-raising – had increased from time to time. At first it was 800 million dollars, then 1.3 billion and then another 1.6 billion dollars. This time it is “only” $ 1.5 billion.

As always, these funds are used for “general business purposes,” but above all to support the capital-intensive creation of Netflix’s original series and films.

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What should be considered when Starbucks reports its results?

starbucksStarbucks  will announce the second quarter 2018 results after the close of trading on April 26. With the media rightly focusing on the incident in early April in a Philadelphia store, where one employee called the police and two African-American men were arrested, management is looking forward to making positive headlines this time around.

There will certainly be questions about the incident, especially as the company plans to shut down all its US-owned stores on May 29 to run anti-racism training for all employees. But there are also other things that investors need to be aware of, including whether or not like-for-like sales growth in the US is improving and how China is doing after it has taken over the full operation of all Starbucks stores in the country.

Let’s take a look at these topics and the details that are most important to investors.

The importance of combating racist prejudice
Starbucks’ growth has slowed in recent quarters. Growth in the US was 2% last quarter, the lowest in consolidated terms for nearly a decade. At the teleconference, management said that several factors contributed to the weak performance, including weaker customer traffic in stores, which rely on retail customers for much of their business, and weak footwear sales. The question in the minds of many investors: Can Starbucks reverse the trend?

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How Amazon wants to crack India

amazon india

Amazon  sees a great opportunity in India, where the company already sells $ 8 billion worth of goods annually through its marketplace. Only Flipkart can boast of a greater online market share in the country. While Amazon has expressed interest in buying a stake in Flipkart, it seems very likely that Wal-Mart will take over a large part of the company in the near future.

A cash injection for his rival would certainly be a challenge for Amazon. But core North America and cloud computing continue to produce billions of free cash flow that Amazon could use to fund efforts in India and other emerging markets. India is particularly rewarding, with analysts predicting that online revenue will rise from $ 30 billion last year to $ 200 billion in a decade.

After this setback, Amazon plans to invest more in groceries, which is already the largest product category on Amazon, measured by the number of units sold in India. Amazon’s head in India, Amit Agarwal, expects to launch food delivery within two hours in the foreseeable future. Food could pave the way for broader e-commerce growth in the region.

Building on the tab
More than two years ago, Amazon started supplying food in the city of Bangalore, southern India, and since then, food sales in all regions have grown rapidly. Flipkart has failed to launch a food service since 2015 and launched a pilot program late last year. Meanwhile, Amazon has built a strong base of online shoppers. Continue reading “How Amazon wants to crack India”

Facebook stock shoots at record high


Facebook founder Mark Zuckerberg is pleased about good numbers.
The share of the social network has reached a record high after good quarterly figures. The profit rose by 71 percent.

The bubbling advertising business has once again let the cash register on Facebook. Second-quarter earnings soared 71 percent to $ 3.89 billion. Sales were also up sharply. The social network grew 45 percent over the previous year to $ 9.32 billion. After presenting the numbers, the stock jumped to a record high of around $ 173 on Wednesday in after-hours trading.

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Adidas will make a lot more money


Investors are excited about the new business figures, the stock price rises to the highest value ever.

The sporting goods manufacturer boosted its earnings expectations for this year on Thursday evening and delighted the investors.
Immediately after the opening of trading, the price of the DAX jumped and, at more than 190 euros, was 9 per cent higher at an all-time high.

To an unprecedented extent, the three-strip brand has raised the forecast. Thus, the measures adopted by CEO Kasper Rorsted , who came from Henkel exactly one year ago as a member of the Executive Board, and then from October 1 as Herbert Hainer’s successor, increased the pressure for necessary changes.

Based on the preliminary figures for the second quarter, the Group now expects a currency-adjusted increase in sales of 17 to 19 percent; previously, a plus of 12 to 14 percent based on sales adjusted for company sales of 18.48 billion euros was assumed.

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