- Mukesh Buch
- 15 Sep, 2017
- New York City
Centene agreed to acquire nonprofit health insurer Fidelis Care for $3.75 billion. Mirati Therapeutics stock surged on positive cancer treatment trial results. Oracle profit and revenues jumped. Sparton beats earnings results. Tenet Healthcare is looking for a merger partner.
- Sarla Buch
- 15 Sep, 2017
- New York City
The Dutch government reduced its stake to 56% in ABN AMRO after
- Mukesh Buch
- 14 Sep, 2017
- New York City
Citigroup forecasted trading revenue in the third-quarter may slump 15%. JPMorgan estimated trading revenue in the third-quarter may decline 20%. L3 Technologies completed the acquisition of Doss Aviation. United Natural Foods net soared 12%. Value Line net tumbled.
- Sarla Buch
- 14 Sep, 2017
- New York City
Booker sales increased 1.1%. John Lewis tumbled on flat revenues. Morrison profit surged 46% but sales growth was weaker than expectation. Next lifted full-year forecast. Hermes International profit and revenues led by increase in Asia.
- Mukesh Buch
- 13 Sep, 2017
- New York City
A-Mark Precious Metals net soared but revenues declined. Cracker Barrel sales dropped but beat estimates. Centene agreed to buy Fidelis Care for $3.75 billion. Nordstrom family is reportedly in talks to take the retailer private. Seadrill filed for Chapter 11 bankruptcy.
- Sarla Buch
- 13 Sep, 2017
- New York City
Balfour Beatty to divest its stake in Blackpool airport. Bayer sells 9.4% stake in plastic materials maker Covestro for
- Mukesh Buch
- 12 Sep, 2017
- New York City
Advaxis said net loss in the quarter widened. Investors Real Estate Trust net loss narrowed. Layne Christensen reported stronger-than-expected results. Limoneira declined on weak outlook. Teva Pharmaceuticals agreed to sell its women
- Sarla Buch
- 12 Sep, 2017
- New York City
Ashtead, the construction equipment provider estimated fleet demand may rise in the U.S. after two hurricanes. Credit Agricole agreed to sell 16% stake in Saudi bank. Hastings ends merger talk with AA. JD Sports beats expectations. Virbac tumbled on weak outlook.
- Mukesh Buch
- 11 Sep, 2017
- New York City
Electronics For Imaging net plunged but revenues increased. General Electric sells its remaining 15.5% stake in Penske Truck Leasing Co for about $674 million. Pilgrim''s Pride acquired Moy Park from Brazil-based JBS for about $1 billion.
- Sarla Buch
- 11 Sep, 2017
- New York City
AB Food lifted full-year outlook on stronger sales growth at Primark divison. bet-at-home net and revenues surged. L''Oreal sells The Body Shop to Brazil-based Natura Cosmeticos for
- Mukesh Buch
- 08 Sep, 2017
- New York City
Argan earnings beat estimates. Finisar declined on weak fiscal outlook. Hurco profit jumped on strong demand. Kroger net declined on price cuts. Rev Group jumped after strong results. Tailored Brands beat profit expectation. VeriFone net loss widened.
- Sarla Buch
- 08 Sep, 2017
- New York City
Air France KLM passenger traffic in August soared. Pub operator Greene King said comparable sales declined on bad weather. Nestle agreed to acquire the U.S.-based Sweet Earth. Imperial Brands sells 10% stake in Spain-based Logista.
- Mukesh Buch
- 07 Sep, 2017
- New York City
Barnes & Noble extended quarterly comparable sales decline continue for the third year in a row. Dell Technologies signed multi-year agreement with GE. Donaldson net soared 15% but outlook disappointed. Hooker Furniture agreed to acquire Shenandoah Furniture. Korn/Ferry net surged.
- Sarla Buch
- 07 Sep, 2017
- New York City
Ashmore profit surged 31% on 11% jump in revenues. Bovis Homes net tumbled 29%. Go-Ahead said fiscal 2018 profit may be hit after it lost a contract. Redde net dropped 6%. Wendel net swung to profit.
- Mukesh Buch
- 06 Sep, 2017
- New York City
Calavo Growers net plunged but revenues jumped 15%. Casey''s General net declined. Dave & Buster''s profit surged. Fred''s and G-III Apparel reported wider net loss. Hewlett Packard Enterprise net tumbled 93%. HD Supply profit soared. Navistar net swung to profit.