The Daily Update: 13 February

The latest updates from the JSE and NYSE over the past 24 hours.

South Africa

Anglo American Platinum Limited- Trading statement

• HEPS and EPS are both expected to decrease by more than 20%.

Curro Holdings Limited- Trading statement

• EPS is expected to be between 51.5 cents and 59.5 cents per share, representing an increase of between 25.9% and 45.5%.

The U.S.

Manchester United

• Qatar are set to make an imminent offer for Manchester United.

Ford

• Ford is expected to announce today a new $3.5 Billion electric vehicle battery factory in Michigan.

Pepsi Earnings

• EPS of $1.67 beating expectations of $1.65.
• Revenue of $28B beating expectations of $26.8B.
• Pepsi declared a quarterly dividend of $1.265 per share up from $1.15 per share, which is a 10% increase.

PayPal

• PayPal CEO Dan Schulman plans to retire from PayPal.
• PayPal's board is initiating a search for his successor.

PayPal Earnings

• EPS of $1.24 beating expectations of $1.2
• Revenue of $7.38B missing expectations of $7.4B.
• PayPal CEO Dan Schulman plans to retire from PayPal.
• PayPal's board is initiating a search for his successor.

Cloudflare Earnings

• EPS of $0.06 beating expectations of $0.05.
• Revenue of $274.7M beating expectations of $274M.