- Mukesh Buch
- 24 Dec, 2018
- New York City
Cadence Bancrop lowered offer price to acquire State Bank Financial Corp. China-based HNA Technology is reported to be in talks to sell Ingram Micro. Mindbody agreed to be acquired by Vista Equity Partners for $1.9 billion.
- Sarla Buch
- 24 Dec, 2018
- New York City
Anglo American lifted fiscal 2019 production forecast in Brazil after winning the regulatory approval for production expansion. Euronext intends to acquire Oslo stock exchange. Playtech declined after new Italian tax on gambling may reduce its fiscal operating profit.
- Mukesh Buch
- 21 Dec, 2018
- New York City
CarMax beats earnings estimates. Cintas reported strong results and lifted revenues growth forecast. Ennis jumped after revenues and profit soared. Nike soared after better-than-expected results. Zynga agreed to acquire Small Giant Games for $560 million.
- Sarla Buch
- 21 Dec, 2018
- New York City
Danske Bank lowered fiscal profit outlook for the second time this year. Delivery Hero agreed to sell its German Food delivery business to Dutch rival. Vodafone said it will replace its auditor PricewaterhouseCoopers.
- Mukesh Buch
- 20 Dec, 2018
- New York City
Accenture declined despite outsourcing services provider lifted fiscal outlook. BlackBerry net swung to profit. Carnival beats earnings estimates. Conagra tumbled after net declined. Herman Miller reported higher-than-expected results. Walgreens reported strong results.
- Sarla Buch
- 20 Dec, 2018
- New York City
Bourbon declined after the shipping company said it is looking for a new financial partner. Consus Real Estate net swung to profit on strong revenues. Greencore plans to buy back up to
- Mukesh Buch
- 19 Dec, 2018
- New York City
FedEx lowered fiscal outlook despite strong results. General Mills reaffirmed fiscal forecast. Jabil Circuit net surged 94% on 16% jump in revenues. Micron Technology reported better-than-expected results. Paychex jumped after strong second-quarter results.
- Sarla Buch
- 19 Dec, 2018
- New York City
Ceconomy tumbled on weak fiscal forecast. Glaxo plans to split into two businesses and the U.S. rival Pfizer agreed to combine consumer health care unit. Natixis booked
- Mukesh Buch
- 18 Dec, 2018
- New York City
Darden Restaurants gained on 36% jump in profit and better-than-expected same store sales growth estimate. Navistar surged. Oracle revenues fell. Red Hat revenues soared. Steel Dynamics rose on improved forecast. Worthington Industries plunged 10%.
- Sarla Buch
- 18 Dec, 2018
- New York City
Cherry AB surged on takeover bid. T-Mobile and Sprint won takeover approval from the U.S. national-security officials. Eiffage SA agreed to buy 5.3% stake in the tunnel operator Getlink. Royal Dutch Shell is in talks to buy Endeavor Energy Resources.
- Mukesh Buch
- 17 Dec, 2018
- New York City
The Boeing agreed to acquire 80% stake in Brazil-based Embraer for $5.3 billion. Japan-based Taisho Pharmaceutical plans to buy Bristol-Myers Squibb
- Sarla Buch
- 17 Dec, 2018
- New York City
Asos Plc plunged nearly 40% after the U.K. based online retailer lowered growth outlook. All for One Steeb beats earnings estimates. ABB plan to sell its 80.1% in its power grids business to Japan-based Hitachi.
- Mukesh Buch
- 12 Dec, 2018
- New York City
Pivotal Software beats earnings estimates. Photronics net surged 55% on 20% jump in revenues. Progressive Corp net jumped 57%. Vera Bradley net soared but revenues plunged.
- Mukesh Buch
- 14 Dec, 2018
- New York City
Fred''''s net loss narrowed despite a drop in net sales. KalVista Pharmaceuticals net loss narrowed. Lee Enterprises net surged 28% but revenues fell. Vince Holding beat earnings estimates.
- Mukesh Buch
- 11 Dec, 2018
- New York City
Ascena Retail net plunged on flat revenues. American Water Works reaffirmed fiscal 2018 forecast. Casey''s General reported better-than-expected results. DSW net plunged but lifted fiscal outlook. Enbridge reaffirmed fiscal outlook. Synnex revised fiscal outlook higher.