- Sarla Buch
- 05 Apr, 2017
- New York City
Allied Minds to book write-down and cuts the funding for seven subsidiaries. Galliford Try rejected
- Mukesh Buch
- 04 Apr, 2017
- New York City
Acuity Brands tumbled on weak second-quarter result. Conn`s surged on improved forecast. Boeing signed a deal to sell 30 737 Max single-aisle planes to an Iranian airline. CIT completed the sale of 30% stake in two aviation business. Hewlett Packard Entp lowered earnings forecast.
- Sarla Buch
- 04 Apr, 2017
- New York City
The fast growing UK. Based online retailer ASOS lifted sales forecast. ABB agreed to acquire automation company Bernecker & Rainer. BNP Paribas agreed to buy domestic online payment services provider. Elior agreed to acquire Lancer Hospitality. Toshiba plans to buy 40% stake in Engie.
- Mukesh Buch
- 03 Apr, 2017
- New York City
Apple terminated its contract with the U.K.-based video chip supplier Imagination Technologies. Fiat Chrysler U.S. auto sales in March dropped 5%, Ford sales plummeted 7.2% but General Motors sales increased 1.6%. Tesla first-quarter sales surged 69%.
- Sarla Buch
- 03 Apr, 2017
- New York City
WS Atkins received
- Mukesh Buch
- 31 Mar, 2017
- New York City
BlackBerry soared after net loss narrowed and said the company is expected to be profitable on an adjusted GAAP basis. Du Pont is in asset-swap deal with FMC Corp. Eagle Bulk Shipping said net loss widened. Silver Lake Partners and Broadcom offered $18 billion for chip unit of Toshiba.
- Sarla Buch
- 31 Mar, 2017
- New York City
Actelion received tender offer from Johnson & Johnson. Danone said it will sell its U.S. subsidiary Stonyfield to meet the regulatory requirements fo WhiteWave foods purchase. DX Group is in talks to acquire John Menzie. Phoenix Solar lifted revenue forecast.
- Mukesh Buch
- 30 Mar, 2017
- New York City
Dell Technologies said net loss widened but revenues soared. Lindsay net swung to profit. Lululemon tumbled on disappointed sales forecast. SAIC net soared 28%. VF plans for the five-year period through 2021. Worthington Ind net jumped 21%.
- Sarla Buch
- 30 Mar, 2017
- New York City
Booker agreed to be acquired by Tesco for
- Mukesh Buch
- 29 Mar, 2017
- New York City
Paychex profit surged after improved segment revenues. Secureworks net loss narrowed after 26% jump in revenues. Westinghouse owned by Toshiba filed for bankruptcy protection. UniFirst revenues jumped. Verint net plunged. Vertex Pharma surged after positive phase 3 trial.
- Sarla Buch
- 29 Mar, 2017
- New York City
The EU blocked
- Mukesh Buch
- 28 Mar, 2017
- New York City
Amazon agreed to buy Dubai-based Souq.com for $800 million. At Home net tumbled. Carnival lifted fiscal outlook. Darden agreed to acquire Cheddar
- Sarla Buch
- 28 Mar, 2017
- New York City
Roadside assistance provider AA raised dividend after pretax profit jumped and membership rose for the first time in nine years. Evotec revenues surged. Ladbrokes net swung to a loss on impairment charges. Tesco agreed to pay fine. Wolseley to exit from Nordics.
- Mukesh Buch
- 27 Mar, 2017
- New York City
Cal-Maine Foods revenues dropped 32% as egg prices skid. The European Commission approved Dow and Du Pont merger. G-III Apparel lifted first-quarter forecast. Gazit Globe net surged 39%. Zynerba Pharma net loss widened.
- Sarla Buch
- 27 Mar, 2017
- New York City
Accor is in talk to acquire Potel & Chabot for