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OC Oerlikon (OERL) is a Swiss technology company that operates in 37 countries and employs almost 14,000 people working in Europe, the USA, Asia, India, China, etc. It is headquartered in Freienbach, Switzerland, and its origins go back to 1973. The company is structured into three units: Drive Systems, Manmade Fibers and Surface Solutions. Each department operates under their own brands. Oerlikon serves the Aerospace, Automotive, Agriculture, Energy and other segments. The shares are quoted on the SIX Swiss Exchange. To learn the latest OC Oerlikon share price, follow Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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