Bayer looses major court case

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The stock price of the German agriculture company Bayer have plummeted nearly 6.00%, as a court order is forcing the company to pay out $2.25 billion in damages to a man from Pennsylvania. The winner of the case had developed cancer due to the company's weed killer Roundup.

In 2020, the company settled most cases that were associated with Roundup for a total of $9.6 billion. However, Bayer did not get a court approval to prevent further court cases. Currently, there are more than 50,000 claims for damage reparations remains pending at various courts.

Moreover, experts state that settling these cases would not mean an end to the issue, as more and more people are diagnosed with cancer that is associated with Roundup.

Since expanding its business in 2018 by acquiring Monsanto, the company has lost more than 70% of its value.
Back to articles

Actual Topics

Wed, 31 Jan 2024 14:57:01 GMT

AMD fails to reach expectations

Advanced Micro Devices has reported lower than expected revenues and earnings per share. The news have caused a major sell off of all chip company stocks. The company has reported a revenue of $5.4 billion, which is below the market consensus forecast of $5.73 billion. The failure to gain expected revenues for some reason has overshadowed the fact that the

Thu, 25 Jan 2024 12:05:14 GMT

Tesla stock plummets due to earnings

The US electric vehicle maker Tesla has missed its quarterly earnings forecasts by 2.80% and total revenue is below expectations by 1.84%. The stock price of the company was set to start Thursday's trading near the $190.00 mark, compared to fluctuating near $215.00 during the previous week. Meanwhile, the CEO of the company Elon Musk has announced that Tesla and

Subscribe to "Fundamental Analysis" feed

تسجيل
كي تعرف المزيد عن منصة تداول دوكاسكوبي بنك للعملات وعقود الفروقات ومعلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول التعاون العملي المحتمل,
يرجى الاتصال بنا او ترك طلب لاعادة الاتصال
للمزيد من المعلومات حول منصة تداول الفوركس\الخيارات الثنائية, السوق السويسري للفوركس و اي معلومات اخرى تتعلق بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
كي تعرف المزيد عن منصة تداول دوكاسكوبي بنك للعملات وعقود الفروقات ومعلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول منصة تداول العملات المشفرة\عقود الفروقات\الفوركس, السوق السويسري للفوركس و اي معلومات اخرى تتعلق بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات عن الوسطاء المعرفين واي معلومات أخرى متعلقة بالتداول,
يرجى الاتصال بنا أو طلب اتصال.
للمزيد من المعلومات حول التعاون العملي المحتمل,
يرجى الاتصال بنا او ترك طلب لاعادة الاتصال