U.S. nonfarm payroll data in focus
TotalEnergiesTotalEnergies(US:TTE) Youtube·2026-02-11 08:44

Group 1: Market Overview - Futures are indicating cautious gains across Europe and the US ahead of a crucial non-farm payrolls report, with White House officials managing expectations [1] - European futures are mixed, with the UK stock market expected to improve, while the US markets show a patchy picture, particularly with technology stocks facing downward pressure [12][13] Group 2: Company Announcements - Heineken is cutting up to 6,000 jobs over the next two years and lowering its growth forecast for the fiscal year, now expecting profits to grow between 2% and 6% compared to previous guidance of 4% to 8% [16][17] - Commerce Bank reported better-than-expected earnings in the fourth quarter and anticipates that net profit in 2026 will exceed targets [2] - Total Energies is facing challenges due to low oil prices and is focusing on increasing energy production by 5% overall for the year [6][9] Group 3: Financial Performance - Heineken achieved a 4.4% organic growth in revenue and a 2.6 billion euros free operating cash flow, with a margin expansion of 40 basis points [18] - BP has suspended its buyback program to repair its balance sheet, while Total Energies confirmed a buyback guidance of between 3 billion and 6 billion dollars for crude prices between $60 and $70 per barrel [7][8] Group 4: Strategic Initiatives - Heineken's CEO emphasized the importance of productivity and cost-cutting measures as part of their evergreen strategy, aiming for annual savings of 400 to 500 million euros [22] - Total Energies is exploring solar energy partnerships, indicating a shift towards renewable energy sources [10][11] Group 5: Industry Trends - The European food and drink sector is facing challenges in developed markets, while emerging markets show growth potential due to urbanization and increasing GDP [30] - The oil and gas industry is experiencing pressure from low prices, prompting companies like BP and Total to adjust their strategies [6][7]