- Mukesh Buch
- 17 Nov, 2016
- New York City
Best Buy net surged 55%. Specialty apparel retailer Cato said revenues declined 7%. Cisco struggled with revenue growth and said net cash balance increased to $71 billion. Smucker revenues plunged 8%. Wal-Mart lifted earnings forecast.
- Sarla Buch
- 17 Nov, 2016
- New York City
Ahold Delhaize net surged 25% to
- Mukesh Buch
- 16 Nov, 2016
- New York City
Agilent net declined 11% but revenues jumped on stronger than expected growth in Europe and in China. Brady net surged 21%. Meritor net swung to profit despite 15% plunge in revenues. Lowe''s net tumbled 49% and the retailer estimated annual revenues to jump between 9% and 10%. Target net soared 11%.
- Sarla Buch
- 16 Nov, 2016
- New York City
ABN Amro net declined 11% and the bank plans to cut additional 1,500 jobs. Aggreko forecasted operating profit in the year in-line with expectations. Bouygues net rose. Bayer plans to raise
- Mukesh Buch
- 15 Nov, 2016
- New York City
Dicks Sporting lifted earnings forecast. Estee Lauder agreed to acquire Too Faced, the feminine makeup brand for $1.45 billion. Home Depot net soared 18% and reaffirmed sales forecast. Reynolds American rejected $47 billion takeover offer from BAT.
- Sarla Buch
- 15 Nov, 2016
- New York City
Reynolds American rejected $47 billion takeover offer from British American Tobacco. easyJet net declined 22% but carried 73 million passengers in the year so far. Merck profit and revenues surged and lifted operating profit forecast. Vodafone net loss widened.
- Mukesh Buch
- 14 Nov, 2016
- New York City
Aecom net surged but revenues declined. Enerplus net loss narrowed despite revenues plummeted 35%. Harman International agreed to be acquired by South Korea-based Samsung Electronics for $8 billion. InterOil net loss narrowed. ViaSat agreed to buy Ireland-based Arconics.
- Sarla Buch
- 14 Nov, 2016
- New York City
Greencore net declined 18% and the food maker plans to acquire the U.S.-based Peacock Foods. Intrum Justitia agreed to buy Norway-based rival for $2 billion. RWE net tumbled 99% after the utility financed a state nuclear-waste fund. Siemens agreed to buy Mentor Graphics $4.5 billion.
- Mukesh Buch
- 11 Nov, 2016
- New York City
Brookfield Asset Management net surged. CSW Industrials net plunged 49%. Dillard''s net declined 50%. J C Penney net loss narrowed and the retailer lifted comparable store sales forecast. Disney net soared 10% and opened sixth theme park. Nordstrom net swung to a loss.
- Sarla Buch
- 11 Nov, 2016
- New York City
Allianz net surged 35% as PIMCO attracts first positive net fund flows since 2013. Bechtle net and revenues jumped. Utility provider Enel net soared 32% but revenues declined 10%. Renewable energy provider Innogy net tumbled 30%. SIG tumbled after weak profit forecast.
- Mukesh Buch
- 10 Nov, 2016
- New York City
Cott net swung to a loss but revenues rose. Macy
- Sarla Buch
- 10 Nov, 2016
- New York City
3i profit surged five-fold. Continental net tumbled 41%. Electrolux agreed to buy South Africa-based Kwikot for 2 billion kronor. The insurer Generali said net declined 6% after weak income in property and casualty business. National Grid net plunged 52%. Siemens net declined.
- Mukesh Buch
- 09 Nov, 2016
- New York City
Coty net plunged 93% on weak demand. DISH Network net soared 57% and net new Pay-TV subscribers additions declined. Energizer net fell 7%. Endo Intl net loss narrowed and pharmaceuticals maker reaffirmed revenues forecast. Media General net loss widened. Viacom net tumbled.
- Sarla Buch
- 09 Nov, 2016
- New York City
Associated British Foods net surged 59%. Alstom net swung to profit after revenues jumped 8%. Burberry net plunged 40%. E.ON net loss narrowed despite write down of assets related to spin-off. Munich Re net surged 30%.
- Mukesh Buch
- 08 Nov, 2016
- New York City
CVS Health net surged 24% and revenues soared 16%. D.R. Horton net jumped 19% on 18% increase in revenues. Johnson Controls net swung to a loss on tax expenses related to the Adient spin-off and the Tyco merger. News Corp and Valeant Pharma net swung to a loss.