PARIS (Reuters) – Values to follow Tuesday on the Paris Stock Exchange and in Europe:
* MICHELIN on Monday reported a drop in its 2020 net profit to 625 million euros, from 1.73 billion euros in 2019, because of the crisis caused in the automobile and aviation by the coronavirus epidemic, but the tire giant, which forecasts a rebound of up to 10% of its markets this year, has nevertheless raised its dividend.
* ASTRAZENECA – The World Health Organization (WHO) on Monday authorized the emergency use of the coronavirus vaccine developed by the British laboratory with the University of Oxford, expanding access for developing countries to relatively inexpensive doses.
* TECHNIP ENERGIES, specialist in major oil services engineering projects, officially separates from TECHNIPFMC with its first trading session on the Paris Stock Exchange with a technical reference price set at 9 euros per share.
* BHP GROUP reported its first first-quarter profit on Tuesday in seven years and announced a record dividend thanks to strong Chinese demand for iron ore.
* EUROFINS SCIENTIFIC said in a statement on Tuesday that it had tapped its UK laboratories spanning various disciplines to enable the deployment of self-administered COVID-19 tests, significantly improving testing capacity in the UK.
* SANOFI – A judge in Hawaii ordered Bristol-Myers Squibb and Sanofi to pay the state more than $ 834 million (€ 687 million) for failing to clearly inform doctors and patients of the risks of his anticoagulant Plavix from 1998 to 2010.
* VICAT announced on Monday a turnover up 5.5% in 2020 at constant scope and exchange rates and an increase in operating profitability with EBITDA and EBIT up 10.1% and 17.5% respectively , also at constant scope and exchange rates.
* VALBIOTIS announced on Monday that it had received authorization from the National Medicines Safety Agency for the operational launch of a clinical study on a treatment of untreated mild to moderate LDL hypercholesterolemia.
* DSM – The Dutch specialty chemicals group on Tuesday said it expects strong profit growth in 2021 after posting better-than-expected quarterly profit thanks to recovering demand from the auto industry.
* VIVENDI – Citigroup lowers its recommendation to “neutral” against “buy” and raises its target price to 30.5 euros against 26.5 euros.
* ERAMET and M6 will publish their annual results after the closing.
Source: Challenges en temps réel : accueil by www.challenges.fr.
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