- Mukesh Buch
- 01 Dec, 2017
- New York City
Axalta Coating rejected $9.1 billion takeover offer from Nippon Paint. Big Lots net soared after store makeover. CVS is close to buying Aetna. Costco November sales surged 13%. Genesco lowered fiscal 2018 outlook. Michaels reported stronger-than-expected results.
- Sarla Buch
- 01 Dec, 2017
- New York City
Altice agreed to sell its Swiss telecom solutions business and Data Center to InfraVia Capital Partners. Fuchs Petrolub agreed to divest its domestic production site to Japan-based CCI Group. Indivior received approval from the U.S. to sell opioid treatment. Renault November sales rose.
- Mukesh Buch
- 30 Nov, 2017
- New York City
Barnes & Noble plunged after weak forecast. Donaldson lifted fiscal 2018 outlook. Kroger beats third-quarter forecasts. L Brands November comparable sales fell 2%. PVH raises fiscal 2017 revenues forecast. Semtech net plummeted 57%.
- Sarla Buch
- 30 Nov, 2017
- New York City
Capital Stage said net earnings and revenues jumped. Grainger profit tumbled but revenues soared 20%. Paypoint first-half net fell. MBB said operating profit soared. Rocket Internet net loss narrowed after three of its start-ups reported strong results. Soitec net jumped.
- Mukesh Buch
- 29 Nov, 2017
- New York City
Atkore International fourth-quarter results beats estimate. Marvell Technology forecast strong revenues in quarter ahead. Nuance Communications surged on new booking forecast. Photronics net jumped 35%. Tiffany & Co revenues jumped.
- Sarla Buch
- 29 Nov, 2017
- New York City
Britivic soared on less-than-expected decline in profit. Brewin Dolphin lifted dividend after profit surged. BBVA agreed to sell 80% of its real-estate business for
- Mukesh Buch
- 28 Nov, 2017
- New York City
Emerson Electric withdraws $29 billion offer to buy Rockwell Automation. Momo profit and revenues surged. Roark Capital agreed to buy Buffalo Wild Wings for $2.4 billion. Thor Industries beats earnings and revenues estimates. Tech Data beats third-quarter results.
- Sarla Buch
- 28 Nov, 2017
- New York City
Cranswick reported strong sales growth in the first-half. Casino agreed to use e-commerce platform of the U.K.-based Ocado. Ericsson estimated 5G Subscriptions to reach 1 billion by 2023. Shaftesbury profit surged on revaluation of investment properties.
- Mukesh Buch
- 27 Nov, 2017
- New York City
Barracuda Networks agreed to be acquired by the privately held Thoma Bravo for $1.6 billion. KKR & Co revised its bid price for Japan-based Hitachi Kokusai Electric. Meredith agreed to acquire Time Inc for $2.8 billion. PNC Financial agreed to acquire The Trout Group.
- Mukesh Buch
- 24 Nov, 2017
- New York City
DISH Network and CBS Corp signed a multi-year carriage agreement. Nektar experimental pneumonia treatment with Bayer did not meet primary goal in a phase III study. Carl Icahn bought 13.51% stake in SandRidge Energy.
- Sarla Buch
- 24 Nov, 2017
- New York City
Laurent Perrier profit declined sales edged lower. Mitchells & Butlers profit tumbled as food and beverage costs rose. Philips acquired the U.S.-based startup Analytical Informatics. Paddy Power Betfair is in talks with Australia-based Crown Resorts.
- Sarla Buch
- 23 Nov, 2017
- New York City
Altice is said to step up non-core asset sale as it struggles under mountain of debt. Centrica issue profit warning as customer loss continues. Remy Cointreau net surged. Thyssenkrupp quarterly results swung to a loss.
- Mukesh Buch
- 22 Nov, 2017
- New York City
Copart net declined but revenues jumped. Deere rebound on strong results. Guess declines after net swung to a loss. HP results disappointed. HP Enterprise fell after results failed to impress investors. Rockwell rejected unsolicited proposal. Salesforce net swung to profit.
- Sarla Buch
- 22 Nov, 2017
- New York City
Aggreko said revenues surged in North America unit but warned on Argentina and Africa business. The Biffa net swung to profit and declared a maiden interim dividend. Sage annual profit soared 44%. Thomas Cook benefited from strong demand in Northern Europe.