- Mukesh Buch
- 29 Aug, 2017
- New York City
Best Buy lifted fiscal outlook but cautioned on operating margins and sales growth outlook. Catalent soared on the revenue surge. Hain Celestial raised fiscal forecast. Movado surged despite net declined 13%. J.Jill tumbled. PAREXEL International net declined.
- Sarla Buch
- 29 Aug, 2017
- New York City
Bunzl profit and revenues surged. Deloitte reported double-digit revenue growth. Hapag-Lloyd net loss narrowed on the improved transport volume. Mitie Group is facing UK regulatory investigation. Renault and Nissan to join electric car race in China.
- Mukesh Buch
- 28 Aug, 2017
- New York City
CBS Corp plans to acquire Australia-based Network Ten. Gilead Sciences to acquire immunotherapy developer Kite Pharma for $11.9 billion. Littelfuse intends to acquire smaller rival IXYS Corp for $750 million. Ulta Beauty results are ahead of expectation.
- Mukesh Buch
- 25 Aug, 2017
- New York City
Autodesk posted better-than-expected results. Big Lots profit surged 28% and lifted fiscal 2017 outlook. Net 1 UEPS Technologies net declined 54%. Pure Storage surged on improved fiscal revenues forecast. QAD net swung to a loss.
- Sarla Buch
- 25 Aug, 2017
- New York City
Aviva agreed to sell stake in its Italian subsidiary to Banco BPM. Computacenter profit surged and reaffirmed improved fiscal forecast. Havas net plunged 34% and agreed to acquire Israeli social media agency Blink. Henry Boot net jumped.
- Mukesh Buch
- 24 Aug, 2017
- New York City
Abercrombie & Fitch loss widened. Burlington Stores net more than doubled. Dollar Tree lifted fiscal year forecast. Patterson net plunged 21%. Perry Ellis reported better than expected earnings. Staples net swung to profit. Tiffany net jumped.
- Sarla Buch
- 24 Aug, 2017
- New York City
CRH profit surged and agreed to sell Americas Distribution business for
- Mukesh Buch
- 23 Aug, 2017
- New York City
American Eagle net reaffirmed comparable store sales estimate. Express surged despite net swung to a loss. Intuit net swung to profit. KLX reported stronger profit. Lowe''s plunged despite net and revenues surged. Regis net declined 77%. Salesforce.com net tumbled 92%.
- Sarla Buch
- 23 Aug, 2017
- New York City
Maersk Tanker signed equity agreement with CargoMetrics to improve its tanker operations. Osram agreed to acquire the U.S.-based Digital Lumens. Vedanta Resources revenues surged on higher commodity prices and demand. WPP tumbled on lowered fiscal revenues forecast.
- Mukesh Buch
- 22 Aug, 2017
- New York City
American Woodmark net rose. Coty tumbled after net loss widened. DSW soared on improved profit. Daktronics net surged 53% on 10% jump in revenues. Kirkland''''s surged on reaffirmed fiscal 2017 earnings forecast. Toll Brothers net soared.
- Sarla Buch
- 22 Aug, 2017
- New York City
Antofagasta quarterly performance surged on higher copper prices and sales volumes. BHP Billiton net swung to profit and plans to sell its U.S. shale operations. Provident Financial tumbled 71% after new profit warning. Zooplus net declined but revenues soared.
- Mukesh Buch
- 21 Aug, 2017
- New York City
B&G Foods agreed to acquire Back to Nature Foods for $162.5 million. Herbalife launched self-tender offer to buy back up to $600 million of shares and negotiated standstill agreement with Icahn. Sempra Energy offers more for Oncor surpassing Berkshire bid.
- Sarla Buch
- 21 Aug, 2017
- New York City
Fiat Chrysler denied that China based Great Wall approached the company to acquire Jeep division. Headlam Group profit soared. Total S.A. agreed to acquire Maersk Oil & Gas for
- Mukesh Buch
- 18 Aug, 2017
- New York City
Deere & Co net soared 31% on strong demand. Estee Lauder net more than doubled and lifted fiscal outlook. Foot Locker tumbled after profit declined 60%. Gap net soared 117%. Hibbett Sports comparable sales plunged 12% and lowered fiscal outlook. Ross Stores net surged 12%.