- Mukesh Buch
- 19 Sep, 2018
- New York City
A-Mark Precious Metals revenues soared. Copart missed earnings estimates. EnviroStar said it completed acquisitions of Industrial Laundry Services and Scott Equipment.
- Sarla Buch
- 19 Sep, 2018
- New York City
Adecco said revenues growth in the third-quarter slowed. Babcock International jumped on positive outlook. Kingfisher net tumbled on weak sales. Schaeffler reaffirmed fiscal 2018 outlook.
- Mukesh Buch
- 18 Sep, 2018
- New York City
AutoZone net declined on weak revenues. Cracker Barrel net and sales jumped. FedEx missed earnings estimates but the delivery company lifted outlook. Oracle net jumped 6% on weak revenues.
- Sarla Buch
- 18 Sep, 2018
- New York City
Clariant surged after the Swiss chemical maker signed a partnership agreement with Saudi Basic Industries Corp. Ocado said strong revenues growth in the fiscal third-quarter. Osram Licht soared on improved revenues growth estimate. Norway based Schibsted will spin off its online classified business.
- Mukesh Buch
- 17 Sep, 2018
- New York City
Alaska Air said combined passenger traffic in August rose 3.8%. Meredith agreed to sell Time magazine to Salesforce founder Marc Benioff for $190 million. Kinder Morgan hired TD Securities to sell its Trans Mountain pipeline to exit from Canada.
- Sarla Buch
- 17 Sep, 2018
- New York City
AlzChem plans to expand production capacity after profit soared 10%. CropEnergies profit declined on lowered ethanol price and higher raw materials and energy costs. Rallye soared after it signed new credit facility of
- Mukesh Buch
- 14 Sep, 2018
- New York City
Adobe reported strong result after cloud revenue soared 21%. Dave & Buster''s Entertainment net surged 11% and the restaurant operator lifted fiscal outlook. Nucor revised earnings outlook higher.
- Sarla Buch
- 14 Sep, 2018
- New York City
Close Brothers plans to sell its retail finance business to Sweden-based Klarna Bank. Investec will spin-off of its Investec Asset Management business. J D Wetherspoon profit soared on higher sales. Nordea and DNB Bank jointly sell its 60% stake in Luminor to Blackstone.
- Mukesh Buch
- 13 Sep, 2018
- New York City
Brady Corp soared on strong result and upbeat outlook. Fred''s tumbled after net loss widened as sales declined. Kroger Co beat earnings estimates after profit surged 44%. Palatin Technologies net swung to profit. Pivotal Software tumbled despite upbeat outlook.
- Sarla Buch
- 13 Sep, 2018
- New York City
Delivery Hero net swung to profit after revenues surged 38%. Natixis sold several of its finance services units to parent company BPCE. WM Morrison profit declined. Rubis net declined but revenues surged.
- Mukesh Buch
- 12 Sep, 2018
- New York City
Carlyle Group is in preliminary talks to acquire Sedgwick Claims for $6.7 billion. Stanley Black agreed to acquire 20% stake in MTD Products. WABCO Holdings fell on deteriorate China production and lower demand in Russia and Turkey.
- Sarla Buch
- 12 Sep, 2018
- New York City
Dermapharm profit and revenues jumped on recent acquisitions. Hermes profit surged after solid growth across all business. SSE plunged after profit warning. Vapiano net loss widened.
- Mukesh Buch
- 11 Sep, 2018
- New York City
Casey`s General net and revenues soared. Integrated Device Technology agreed to be acquired by Japan-based rival Renesas Electronics.Limoneira tumbled on weak revenues. Sonic jumped on earnings forecast. Sonos net loss widened after revenues declined.
- Sarla Buch
- 11 Sep, 2018
- New York City
ArcelorMittal lifted offer for India-based Essar Steel to $5.8 billion. Amer Sports surged on buyout offer. Cairn Energy net swung to a loss. Hilton Food profit surged on strong sales and acquisitions. JD Sports reported record result on strong revenues.
- Mukesh Buch
- 10 Sep, 2018
- New York City
Destination Maternity net loss widened but the retailer reaffirmed fiscal outlook. Retailer Fred''s agreed to sell its pharmacy patient prescription business to Walgreens. Hovnanian Enterprises net loss narrowed. SAIC profit soared.