Titles in action: Aurora, Procter & Gamble, Morgan Stanley …

Here is a selection of announcements that have made (or will make) move the prices of these companies:

(Come back and read us from time to time
so as not to miss an update)

Aurora Cannabis (ACB, US $ 11.62) claims to have laid off some workers after signing an agreement with a new outside sales representative. Spokeswoman for Edmonton cannabis producer Michelle Lefler confirmed the cuts, but did not disclose the number of employees affected or the cities in which they were located. Ms Lefler said the move was prompted by Aurora’s recent decision to hire Great North Distributors to represent the cannabis company in its sales operations across Canada. She said the deal had an immediate impact on some jobs, while other employees would stay with the company for a fixed period. The value of Aurora shares fell about 1.8% on Wall Street on Wednesday afternoon. The title dropped about 2.7% on the Toronto Stock Exchange at the same time.

The American consumer goods group Procter & Gamble (PG, US $ 133.60), which benefits from some pandemic-related changes in habit, released better-than-expected quarterly results on Wednesday and raised its forecast for the year. The company’s sales rose 8% between October and December, the second quarter of its fiscal year, to $ 19.75 billion. The largest increase came from the laundry and cleaning products category (+ 12%), with consumers staying at home more often. However, P&G stock fell 0.5% on Wall Street in electronic trading shortly before the markets opened.

The American investment bank Morgan Stanley (MS, US $ 74.99) saw its profits jump in the fourth quarter as in 2020, thanks to the boom in its business services and markets activities despite the impact of the pandemic on the economy. The group’s net profit rose 27% between October and December to reach $ 3.27 billion, according to a statement released Wednesday. This performance was driven by the increase in the bank’s turnover, by 26% to 13.64 billion dollars. Morgan Stanley shares were up 1.7% before the session opened on Wall Street.

Investors have reacted strongly to the return of Jack Ma, boss ofAlibaba (BABA, $ 251.65), who had not been seen in public for two and a half months. Alibaba stock rose 8.5% during Wednesday’s trading, ending at HK $ 265. Gains are also expected on the New York Stock Exchange since the action gained nearly 7% in electronic exchanges before the opening. Jack Ma had disappeared from the radar after having publicly criticized, at the end of October, the financial regulatory authorities. This unusual spike in the direction of the communist regime had earned him a summons from the authorities, who had also banned in extremis the giant IPO ofAnt Group, Alibaba’s online payments subsidiary, in Shanghai and Hong Kong. But in a video posted online Wednesday, the businessman with a fortune valued at 48 billion euros appeared to be addressing teachers remotely as part of his patronage activities.

The day after the presentation of its results for 2020, Netflix (NFLX, $ 501.77) saw its stock rise more than 13% before Wall Street opened. The platform announced on Tuesday that it had more than 200 million subscribers worldwide at the end of 2020, after a favorable year marked by the pandemic and lockdowns, and despite increased competition and a recent increase in its prices. Netflix said it has garnered 37 million additional subscriptions over the past year, including 8.5 million in the fourth quarter, a sign that the platform continues to gain market share even if not at the same rate as last spring.


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