- Sarla Buch
- 04 Oct, 2016
- New York City
BP said about 95 tons oil spilled from Clair platform. Carillion won a seven-year contract from Nationwide Building. Ericsson intends to reduce 3,000 domestic positions. LVMH agreed to buy Germany-based Rimowa for
- Mukesh Buch
- 03 Oct, 2016
- New York City
Cabelas agreed to be acquired by rival Bass Pro Shops for $5.5 billion. Dover agreed to buy Italy-based Ravaglioli. Fiat, Ford, GM U.S. auto sales in September declined. PTC lifted bookings forecast. Tesla Motors auto deliveries jump.
- Sarla Buch
- 03 Oct, 2016
- New York City
AstraZeneca entered into a worldwide licensing agreement with the U.S.-based Allergan for the medi2070. ITE Group said revenue in the year fell 2%. Londonmetric Property agreed to sell two retail parks for
- Mukesh Buch
- 30 Sep, 2016
- New York City
BGC Partners lowered third-quarter revenues forecast. Costco net increased 2%. CalAmp net declined 86% but revenues jumped 30%. Cosi filed voluntary Chapter 11 petition. McCormick profit surged 31% and the spice maker lifted earnings forecast.
- Sarla Buch
- 30 Sep, 2016
- New York City
Banco Santander offered positive outlook for the next two years but fell short of expectations. Canada based Fiera Capital agreed to buy London-based Charlemagne Capital for
- Mukesh Buch
- 29 Sep, 2016
- New York City
Accenture net soared 13% on 8% jump in revenues and lifted revenue forecast. Bassett Furniture net and sales fell. ConAgra net swung to profit but revenues dropped 5%. PepsiCo profit surged and lifted earnings outlook. Progress Software net swung to profit after revenues jumped.
- Sarla Buch
- 29 Sep, 2016
- New York City
Commerzbank plans to reduce 9,600 jobs. Deutsche Post DHL agreed to buy the UK Mail for
- Mukesh Buch
- 28 Sep, 2016
- New York City
Actuant net plunged 21% on 8% decline in revenues. BlackBerry net swung to a loss after revenues plunged 32%. Cintas net soared 38%. Ferrellgas Partners net loss widened but sales jumped. Nike net and revenues soared. Paychex net rose 4%. Worthington profit double.
- Sarla Buch
- 28 Sep, 2016
- New York City
AA net swung to profit. Clinigen net more than doubled driven by two acquisitions. EDF said British Government confirmed to construct two nuclear reactors. Smiths Group profit soared 5%. AB Inbev won approval from its shareholders to merge SABMiller.
- Mukesh Buch
- 27 Sep, 2016
- New York City
Ennis net declined 38% and revenues plunged 9%. FactSet Research profit soared 132% on 10% jump in revenues. Neogen net and revenues advanced. SYNNEX profit surged 22%. Thor Industries net jumped 7% on 22% increase in revenues.
- Sarla Buch
- 27 Sep, 2016
- New York City
Card Factory profit soared 13% on 5% jumped in revenues. Commerzbank plans to reduce 9,000 jobs and cut its dividend as the bank embarks on multi-year restructuring. Legal & General said its retirement division doubled its new business to
- Mukesh Buch
- 26 Sep, 2016
- New York City
BATS Global agreed to be acquired by rival CBOE for $3.2 billion. Carnival net surged 16% on 5% jump in revenues. Cal-Maine net swung to a loss after sales plunged 61%. Pfizer said it will not split at this time. Vail Resorts net loss narrowed and revenues soared 11%.
- Sarla Buch
- 26 Sep, 2016
- New York City
Axel Springer agreed to acquire additional 39% stake in France based Car&Boat Media. Aryzta profit tumbled 87%. Lanxess plans to acquire the US-based rival Chemtura for $2.1 billion. Lamprell secured a new rig contract from Norway-based Jacktel.
- Mukesh Buch
- 23 Sep, 2016
- New York City
AAR net tumbled 59% but revenues jumped 5%. Finish Line lifted comparable sales forecast despite profit in the second-quarter plunged 15%. Twitter surged 20% on media report that the microblogging site is exploring merger talks.
- Sarla Buch
- 23 Sep, 2016
- New York City
Petrobras agreed to sell its 90% stake in natural gas pipeline unit to a consortium led by Canada-based Brookfield Asset Management. RWE