- Sarla Buch
- 31 May, 2017
- New York City
Activist investor Cevian Capital acquired additional 5% stake in Ericsson worth $1 billion. IG Group forecasted annual revenues to increase 7%. Londonmetric acquires three urban logistics warehouses for
- Mukesh Buch
- 30 May, 2017
- New York City
American Woodmark net surged on 7%. Atwood Oceanics surged on a merger offer from the U.K.-focused Ensco plc. Smucker agreed to acquire the Wesson oil brand from Conagra Brands for $285 million. Multi-Color annual net doubled.
- Mukesh Buch
- 30 May, 2017
- New York City
Dutch court rejected a plea from the U.S. based activist investor and force Akzo to reconsider merger with the rival PPG. Horizon Discovery plunged. LSE agreed to acquire bond market analysis software business from Citigroup for
- Sarla Buch
- 29 May, 2017
- New York City
Hornbach revenues jumped 5%. Henderson lifted its stake in the U.S.-based Empire State Realty Trust. Italy based Sanpaolo intends to close branches as a part of its restructuring plan and reduce operating costs.
- Mukesh Buch
- 26 May, 2017
- New York City
Big Lots net surged 33% and lifted outlook. Brocade Communications net swung to a loss. Costco jumped to a new high on sustained earnings growth. Marvell net swung to profit. Ulta Beauty net and sales surged.
- Sarla Buch
- 26 May, 2017
- New York City
Brazil based meat processor JBS may be forced to sell some assets as the company faces severe penalties from the widening corruption scandal. Spirax-Sarco agreed to buy Chromalox for
- Mukesh Buch
- 25 May, 2017
- New York City
Market indexes rallied for the sixth day in a row. Abercrombie & Fitch net loss widened as sales plunge continues. Best Buy declined but lifted fiscal forecast. Burlington Stores net surged. Dollar Tree net plunged. Sears net swung to profit but comparable sales accelerated decline.
- Sarla Buch
- 25 May, 2017
- New York City
Aston Martin wholesale and retail sales surged and luxury cars maker lifted revenues forecast. Card Factory said sales jumped 6%. Daily Mail and General Trust lowered weak fiscal outlook. Helical revenues plunged. Paypoint net swung to profit.
- Mukesh Buch
- 24 May, 2017
- New York City
Advance Auto Parts missed estimates. Chico''s plunged 12% on weak sales and weaker forecast. Intuit revenues jumped as the accounting software developer ramps up payment gateway and mortgage brokerage business. Lowe''s revenues soared. Tiffany net jumped.
- Sarla Buch
- 24 May, 2017
- New York City
Dixons Carphone reported strong sales but lowered profit forecast. Glencore made an informal approach to Bunge. Ineos agreed to buy DONG Energy for
- Mukesh Buch
- 23 May, 2017
- New York City
AutoZone fell on weak result. Agilent Technologies beat profit estimates. Cracker Barrel declared special dividend and lifted forecast. DSW reaffirmed fiscal outlook. Nordson net plunged 9% but revenues soared 13%. Toll Brothers profit surged and improved fiscal estimate.
- Sarla Buch
- 23 May, 2017
- New York City
AVEVA continues its growth momentum. Big Yellow net declined. Entertainment One net tumbled as the company restructures its film unit. Homeserve net jumped on strong customer growth. Nokia and Apple settled intellectual property dispute with a multi-year license agreement.
- Mukesh Buch
- 22 May, 2017
- New York City
Boeing signed defense and commercial agreements with Saudi Arabia. Booz Allen lifted revenue estimate. Energy XXI Gulf Coast net swung to a loss. Rocky Mountain Chocolate profit declined 22%.
- Sarla Buch
- 22 May, 2017
- New York City
Elliott Management dragged Akzo Nobel to Dutch court. Aegon agreed to sell its two largest U.S. run-off businesses to rival Wilton Re. Clariant agreed to acquire the U.S.-based Huntsman for $6.4 billion. Metals Exploration tumbled.
- Mukesh Buch
- 19 May, 2017
- New York City
Campbell Soup sales and profit drop on higher promotions and weak demand. Cato reported lower-than-expected results and the retailer lowered outlook. Deere surged on improved forecast. Foot Locker net fell. Gap reaffirmed fiscal outlook on flat revenues. Ross Stores net soared.