- Sarla Buch
- 28 Jul, 2017
- New York City
BT blamed profit decline in the first-half on accounting scandal in Italy. Barclays swung to net loss on charges related to Africa operations and rising claims linked to fraudulent insurance selling. Credit Suisse posted better-than-expected profit. Eni swung to profit.Renault lifted sales forecast.
- Mukesh Buch
- 27 Jul, 2017
- New York City
American Tower net soared. Bristol-Myers lowered earnings outlook after profit plunged. Celgene net surged. Comcast revenues jumped 10%. ConocoPhillips net loss widened. Dow Chemical net tumbled. Facebook advertising revenues surged. MasterCard net soared. P&G net jumped.
- Sarla Buch
- 27 Jul, 2017
- New York City
AstraZeneca tumbled 16% after the company said its lung cancer trials failed to meet expectations. Christian Dior net surged. Diageo jumped on higher margin and buyback plan. Deutsche Bank profit surged but warned on revenue outlook. LVMH sales soared. Lloyds Banking set aside additional
- Mukesh Buch
- 26 Jul, 2017
- New York City
AMD stock surged on better-than-expected sales. Boeing lifted fiscal outlook. Coca-Cola net tumbled 59% on charges associated with the refranchising of bottling territories. Ford net jumped. General Dynamics lifted earnings outlook.
- Sarla Buch
- 26 Jul, 2017
- New York City
Atos reaffirmed fiscal outlook. BASF net declined 15% on 24% plunge in revenues on substantially lower contributions in the Oil & Gas segment. Daimler net rose 2% and forecasted fiscal 2017 growth of about 3%. Glaxo net swung to profit. ITV net plunged 15%.
- Mukesh Buch
- 25 Jul, 2017
- New York City
3M net soared and lifted outlook. Alphabet net declined but revenues jumped after advertising revenue soared. Caterpillar net surged 46%. Domino''s domestic sales jumped.
- Sarla Buch
- 25 Jul, 2017
- New York City
Covestro net profit more than doubled on 20% surge in revenues. Dassault revenues and profit jumped. Groupe Eurotunnel net tumbled 41% but the transportation company held out for improved results. Jimmy Choo agreed to be acquired by Michael Kors for
- Mukesh Buch
- 24 Jul, 2017
- New York City
Cal-Maine Foods net loss widened on 9% decline in revenues. Halliburton net swung to profit after 31% increase in revenues. Hasbro revenues surged. Illinois Tool lifted fiscal outlook. ManpowerGroup net rose. VF Corp net more than doubled.
- Sarla Buch
- 24 Jul, 2017
- New York City
Partners Group agreed to buy the U.K.-based Civica for
- Mukesh Buch
- 21 Jul, 2017
- New York City
Colgate-Palmolive net declined 13% on disappointing sales. eBay profit tumbled but met revenues expectations. GE continued to struggle with revenues and quarterly sales fell 12%. Microsoft net more than doubled. Visa net surged.
- Sarla Buch
- 21 Jul, 2017
- New York City
France based auto equipment maker Faurecia lifted fiscal forecast. Paysafe received a conditional takeover offer for
- Mukesh Buch
- 20 Jul, 2017
- New York City
Abbott net plunged but revenues soared and lifted profit forecast. BNY Mellon net surged on higher clearing services. Danaher net slumped but revenues jumped. Kinder Morgan net rose. Philip Morris net slid. Qualcomm net and revenues tumbled. Travelers net declined.
- Sarla Buch
- 20 Jul, 2017
- New York City
easyJet lifted fiscal profit forecast. Publicis revenues rose after improved performance in the U.S. Premier Foods sales declined on weak grocery sales. Sports Direct profit tumbled. Unilever net soared.
- Sarla Buch
- 19 Jul, 2017
- New York City
Drax said net swung to loss and the electric utility plans to increase natural gas as fuel. Electrolux profit surged after strong demand in North America. Reckitt Benckiser agreed to sells its food business to McCormick for $4.2 bn. RPC lifted revenues forecast. Sweden-based Tele2 revenues jumped.
- Mukesh Buch
- 19 Jul, 2017
- New York City
Crown Castle plans to acquire Lightower Fiber Networks for about $7.1 billion. Grainger profit tumbled but reaffirmed fiscal 2017 forecast. Morgan Stanley profit trading revenues lead industry surpassing Goldman Sachs. United Continental net surged.