- Mukesh Buch
- 26 Dec, 2017
- New York City
Home Depot plans to acquire supply chain solutions provider XPO Logistics. Ignyta agreed to be acquired by Switzerland-based cancer drug maker Roche Holding for $1.7 billion. Sigma Labs secured contract from Germany-based privately-held Laser Zentrum Nord.
- Mukesh Buch
- 21 Dec, 2017
- New York City
Apogee tumbled after lowering profit estimate. CarMax revenues jumped but the growth slowed mirroring industry trend. Conagra sales and net beat estimates driven by hurricane fueled demand. Lindsay net surged. Paychex beat profit and revenue estimate.
- Sarla Buch
- 21 Dec, 2017
- New York City
Accenture reported strong quarterly results and also healthy order pipeline. Balfour Beatty sells 12.5% stake in M25 toll road operator and the infrastructure developed lifted 2017 profit forecast. Nokia signed multi-year patent license contract with Huawei.Statoil extend plans for Snorre oilfield.
- Mukesh Buch
- 20 Dec, 2017
- New York City
Actuant reaffirmed fiscal 2018 outlook. BlackBerry net loss widened after sales declined 22%. General Mills lifted net sales forecast. Micron Technology net and revenues surged. Red Hat net soared 49% on 22% jump in revenues. Rev Group profit soared.
- Sarla Buch
- 20 Dec, 2017
- New York City
Banco BPM sell non-performing unsecured credit portfolios for
- Mukesh Buch
- 19 Dec, 2017
- New York City
Darden Restaurants lifted fiscal outlook. FactSet plunged 8% despite reporting rising revenues. Longfin tumbled after buying a blockchain Ziddu.com. Navistar jumped on higher sales in Canada and in the U.S. Tenet explore to sale of its Conifer unit. Worthington net declined 16%.
- Sarla Buch
- 19 Dec, 2017
- New York City
Ceconomy net profit soared. China owned Tsinghua increased its stake in Dialog Semiconductor. Fresenius plans to acquire the U.S.-based Akorn in early 2018. Old Mutual agreed to sell asset management unit for
- Mukesh Buch
- 18 Dec, 2017
- New York City
Hershey to acquire Amplify Snack for $1.6 billion. Humana and private equity firms are in preliminary talks to buy Kindred Healthcare. Oracle agreed to acquire Australia-based Aconex for $1.2 billion. Penn National Gaming to buy Pinnacle Entertainment in $2.8 billion.
- Sarla Buch
- 18 Dec, 2017
- New York City
The European Commission said it plans to investigate preferential tax for Ikea retail operation. Norway- based Statoil agreed to buy 25% stake in Brazil-based Roncador. Thales agreed to acquire Gemalto for
- Mukesh Buch
- 15 Dec, 2017
- New York City
Adobe Systems beats profit estimates. Costco reported strong results. Disney agreed to acquire Twenty-First Century Fox for $52.4 billion. Jabil net plunged but revenues jumped. Oracle declined despite profit beats.
- Sarla Buch
- 15 Dec, 2017
- New York City
CropEnergies lowered operating profit forecast after profit declined 33%. Hennes & Mauritz declined on weak sales and said it plans to close stores. SThree beat full-year profit estimate.
- Mukesh Buch
- 14 Dec, 2017
- New York City
Danaher reaffirmed fiscal 2018 outlook. Nordson lifted fiscal 2018 sales forecast. Pier 1 Imports tumbled after profit plunged 46%. Sanderson Farms reported lower-than-expected results. Scholastic sales and profit declined but reaffirmed fiscal 2018 forecast.
- Sarla Buch
- 14 Dec, 2017
- New York City
Capita tumbled on subdued outsourcing market outlook. Dassault terminated Silvercrest engine contract with Safran. Innogy lowered fiscal 2017 and 2018 outlook. Lonmin agreed to be acquired by South Africa-based Sabanye for
- Mukesh Buch
- 13 Dec, 2017
- New York City
Arrowhead Pharmaceuticals net loss narrowed. Civitas Solutions booked $31 million of impairment charges. Lennox International offered cautiously optimistic outlook. Mongodb subscription revenue surged.