Stocks to follow on Wall Street (updated)

(Updated with P&G, American Express, gun makers and futures)

April 19 (Reuters) – Main values ​​to follow on Friday on Wall Street, where futures contracts signal an opening down 0.2% for the Dow Jones, 0.38% for the Standard & Poor’s-500 and 0 .58% for the Nasdaq.

* NETFLIX – The action of the American streaming giant fell 6.2% in pre-market trading after the company unexpectedly announced that it would no longer provide the number of subscribers, while its figure forecasts sales for the second quarter disappointed expectations.

WALT DISNEY and ROKU fell by 1.3% and 1.5% respectively in the wake of Netflix.

Read also…

* PROCTER & GAMBLE raised its annual profit forecast on Friday, thanks to price increases and strong demand for its cleaning and maintenance products in the United States and Europe. The group now expects its core profit to increase by 10% to 11% during 2024, compared to 8% to 9% previously.

*

AMERICAN EXPRESS

on Friday reported quarterly earnings of $3.33 per share, beating estimates, helped by a wealthy clientele that increased spending as recession fears faded.

* PARAMOUNT GLOBAL – The stock rose more than 10% in pre-market trading after Reuters reported that Sony Pictures Entertainment and Apollo Global Management were discussing a joint offer to acquire the company. Paramount is currently in exclusive talks with independent studio Skydance Media, although some investors have urged it to consider other options.

* BENTLEY SYSTEMS – Schneider Electric announced on Friday that it had initiated discussions with the American engineering software company regarding “a potential strategic transaction”. Reuters reported Thursday that Bentley Systems was exploring expressions of interest including a possible sale.

* TESLA will recall 3,878 Cybertrucks, its electric pick-up, due to a defect in the accelerator pedal cushion, which could detach and lodge in the interior trim increasing the risk of accident, said Friday. National Highway Traffic Safety Administration (NHTSA).

* APPLE said on Friday that it had removed the WhatsApp and Threads applications, both belonging to the Meta group, from its App Store in China, on the orders of the Chinese government, which cited national security reasons.

* ALPHABET – The British data protection authority believes that the technology proposed by Google to replace cookies is not sufficient to protect consumer privacy, the Wall Street Journal reported late Thursday, citing internal documents.

* BLACKSTONE – The private equity firm is close to a deal to sell its majority stake in South Korean pharmaceutical wholesaler Geo-Young to Seoul-based fund MBK Partners for more than $1 billion, according to three sources familiar with the matter.

* GOLDMAN SACHS – Norway’s sovereign wealth fund said on Friday it would support a resolution asking Goldman Sachs to separate the roles of chief executive and chairman of the board, two positions currently held by David Solomon, at the meeting annual meeting of the American bank scheduled for April 24.

* SMITH & WESSON BRANDS, STURM RUGER & CO – U.S. arms makers asked the U.S. Supreme Court on Thursday to hear their request in Mexico’s $10 billion lawsuit to hold them responsible for facilitated arms trafficking to drug cartels along the US-Mexico border.

* NORDSTROM said the department store chain’s founding family had expressed interest in a possible delisting, prompting the company’s board to form a special committee of independent directors to evaluate any proposal. (Written by Diana Mandiá, edited by Blandine Hénault)