- Sarla Buch
- 08 Nov, 2016
- New York City
ArcelorMittal net swung to profit despite steel shipment and production declined. Credit Agricole profit doubled but revenues declined. Deutsche Post said profit more than double. Marks and Spencer net tumbled 91%. Total SA signed a preliminary agreement with Iran government.
- Mukesh Buch
- 07 Nov, 2016
- New York City
Blue Nile agreed to be acquired by Bain Capital and Bow Street for $500 million. Cognizant net surged 12% on 8% jump in revenues. Dean Foods profit plunged 28%. Rockwell Automation lifted revenue forecast. Sotheby
- Sarla Buch
- 07 Nov, 2016
- New York City
HSBC net swung to a loss after the bank booked $1.7 billion charge for selling its Brazil business. PostNL net swung to a loss and rejected higher takeover offer from Belgium-based rival Bpost. Ryanair profit surged 7% and plans for additional share buyback of up to
- Mukesh Buch
- 04 Nov, 2016
- New York City
Ameren net jumped 8%. AES Corp net fell 3% on flat revenues. Duke Energy net soared 29%. Dick Clark Productions agreed to be acquired by China-based conglomerate Wanda Group. Humana net surged 43%. NRG Energy net surged five-fold but sales plunged. Revlon net swung to a loss.
- Sarla Buch
- 04 Nov, 2016
- New York City
BMW net surged 15% after strong sales in the quarter. Commerzbank net swung to a loss. Erste Group Bank profit soared 54% to
- Mukesh Buch
- 03 Nov, 2016
- New York City
Apache net loss narrowed. Becton Dickinson net tumbled 90% but medical devices maker lifted earnings forecast. Cigna profit plunged 17%. Facebook offered cautious outlook. Fitbit, TreeHouse Foods tumbled on weak forecast.
- Sarla Buch
- 03 Nov, 2016
- New York City
Adidas profit surged 24% and the athletic shoe maker lifted fiscal outlook. Credit Suisse net tumbled 95% but the bank results were ahead of analysts expectations. ING Group net soared 27%. Swiss Re profit plunged 17% but revenues jumped 10%. Societe Generale net soared 41%.
- Mukesh Buch
- 02 Nov, 2016
- New York City
Alibaba revenues jumped on the domestic sales surge. Anthem lowered earnings forecast. Broadcom agreed to acquire network gear maker Brocade for $5.9 billion. Estee Lauder net fell. L Brands lowered earnings outlook. Time Warner net surged and lifted forecast.
- Sarla Buch
- 02 Nov, 2016
- New York City
A.P. Moller-Maersk profit tumbled 43% on 9% decline in revenues. Security services provider G4S said revenues soared 6% to
- Mukesh Buch
- 27 Oct, 2016
- New York City
Bristol-Myers lifted fiscal outlook. Colgate-Palmolive net and revenues slumped after sales in Latin America plunged 13%. Ford profit tumbled 56%. Qualcomm agreed to buy NXP Semiconductors for $38 billion.
- Sarla Buch
- 27 Oct, 2016
- New York City
Barclays profit tumbled 25% on 6% drop in revenues. Deutsche Bank net swung to profit with the help of improved bond trading. Volkswagen said profit surged on strong earnings from Skoda, Porsche units and in its China joint ventures.
- Mukesh Buch
- 26 Oct, 2016
- New York City
Apple Inc said its quarterly net income and revenues tumbled after iPhone, iPad and Mac computer sales declined. Boeing net surged 34% and the aerospace and defense contractor lifted full-year forecast. Comcast revenues soared 14%. Coca-Cola profit plummeted. General Dynamics net declined 7%.
- Sarla Buch
- 26 Oct, 2016
- New York City
Airbus net declined 5%. Bayer profit surged 19%. The luxury goods retailer Kering revenues jumped 11%. Logitech net surged 41%. Lloyds Banking net tumbled 68% and set aside a further
- Mukesh Buch
- 25 Oct, 2016
- New York City
Baker Hughes net loss widened. Caterpillar net and revenues tumbled and construction equipment maker lowered revenues forecast. Du Pont and Eli Lilly lifted revenues estimate. GM net doubled. Lockheed Martin net surged. Merck and P&G net soared.
- Sarla Buch
- 25 Oct, 2016
- New York City
Air Liquide said revenues in the third-quarter rose. Novartis profit soared 7% and forecasted full-year profit to be at the best flat. Orange lowered profit forecast. Randstad net surged 16% on 7% jump in revenues. Whitbread net and revenues advanced.