- Sarla Buch
- 15 Mar, 2017
- New York City
E.ON reported historic loss after write-downs linked to Uniper spinoff. U.K. government reduced its stake in Lloyds Banking to below 3%. H&M said sales in first-quarter jumped 8%. Hikma net tumbled 38%. Zodiac Aerospace plunged on weak sales and Safran bid.
- Mukesh Buch
- 14 Mar, 2017
- New York City
Ackman controlled Pershing Square sold its 10% stake in Valeant Pharma at $3 billion loss. Bon-Ton net declined on 6% drop in revenues. DSW lifted annual sales outlook. HD Supply net tumbled 94%. RadNet net surged more than four-fold. Veritiv net plunged 58%.
- Sarla Buch
- 14 Mar, 2017
- New York City
Antofagasta lifted annual dividend on the back of a recovery in base metal market. Ocado first-quarter sales jumped on higher weekly orders. Prudential net plunged. Symrise profit rose. RWE net loss widened. Wacker net declined.
- Mukesh Buch
- 13 Mar, 2017
- New York City
Empire Resorts net loss narrowed but revenues fell 6%. Gener8 Maritime net tumbled 87%. Intel agreed to acquire Israel-based Mobileye for $15.3 billion. Myokardia net swung to profit. Travelers agreed to buy the U.K.-based Simply Business.
- Sarla Buch
- 13 Mar, 2017
- New York City
Aryzta net income in the year swung to a loss. Amec Foster Wheeler agreed to be acquired by domestic rival John Wood Group for
- Mukesh Buch
- 10 Mar, 2017
- New York City
Buckle net and revenues plunged. Genesco net increased but revenues dropped. Hibbett Sports profit tumbled 30%. VeriFone net swung to a loss and revenues plunged 11%. Vail Resorts net soared 28% on 21% jump in revenues. Zumiez net surged 38%.
- Sarla Buch
- 10 Mar, 2017
- New York City
The U.K. regulator approved the separation of BT and Openreach. Fraport said number of passengers in February increased 1% to 4 million. Segro launched a 1-for-5 rights issue. Shell agreed to sell Canadian oil sands assets worth $7.3 billion.
- Mukesh Buch
- 09 Mar, 2017
- New York City
Actua net swung to profit on the sale of GovDelivery and lifted fiscal outlook. American Airlines said total revenue passenger miles in February fell 3.3%. Cantel Medical net and revenues soared on strong order and backlog. Akzo Nobel rejected $22.1 billion PPG offer. Signet net jumped.
- Sarla Buch
- 09 Mar, 2017
- New York City
Co-operative Bank, the struggling lender is seeking to raise
- Mukesh Buch
- 08 Mar, 2017
- New York City
Bob Evans lifted earnings forecast. Ciena net swung to profit. Express plunged on lowered fiscal outlook. H & R Block net loss widened. Children
- Sarla Buch
- 08 Mar, 2017
- New York City
Admiral Group net plunged on the latest discount rate cut. Adidas lifted fiscal 2017 outlook. Boskalis net swung to a loss. Deutsche Post net surged. Dassault Aviation net jumped on two major contracts from India. G4S net soared on new contracts. Legal & General net jumped.
- Sarla Buch
- 07 Mar, 2017
- New York City
Ashtead profit surged after growth in North America and weak British pound. Direct Line net tumbled 52% after new law of discount rates. Groupe Casino net swung to profit after divestment of operations in Asia. Just Eat net soared on increasing orders and number of active customers.
- Mukesh Buch
- 07 Mar, 2017
- New York City
Brown-Forman net fell on flat revenues. Dicks Sporting net jumped but lowered sales forecast. Exxon Mobil plans to invest $20 billion through 2022 in the US Gulf Coast. HP Entp agreed to buy Nimble Storage for $1 billion. Michaels Co net jumped 6.3%. Navistar net loss widened.
- Mukesh Buch
- 06 Mar, 2017
- New York City
Armstrong Flooring net loss widened. CJS Solutions agreed to be acquired by India-based Tech Mahindra for $110 million. FairPoint Communications net fell 62%. GM agreed to sell Opel, Vauxhall and European financing units for $2.3 billion.
- Sarla Buch
- 06 Mar, 2017
- New York City
bet-at-home.com lifted fiscal 2017 revenues. Deutsche Bank plans to raise