- Mukesh Buch
- 22 Sep, 2016
- New York City
AutoZone net jumped 6%. Bed Bath & Beyond profit plunged 17%. Herman Miller net rose 8% on 6% increase in revenues. Jabil Circuit net plunged 57%. Red Hat profit and revenues surged. Rite Aid net tumbled 31%. Scholastic net loss narrowed after revenues soared 48%.
- Sarla Buch
- 22 Sep, 2016
- New York City
Maersk split its businesses into two independent divisions as the shipping company battles with severe downturn in oil industry. EDF lowered its nuclear output and profit forecast. Kier Group net swung to a loss. MDxHealth lifted annual revenue estimate. Suedzucker profit surged 56%.
- Mukesh Buch
- 21 Sep, 2016
- New York City
Adobe Systems net and revenues soared. CarMax net declined 6% but sales rose. FedEx profit jumped 3%. General Mills net fell 4% on 7% decline in revenues and reaffirmed net sales growth in fiscal 2017. KBH home net soared 69%.
- Sarla Buch
- 21 Sep, 2016
- New York City
BHP vowed to defend $1 billion tax bill in Australia. Dise
- Mukesh Buch
- 20 Sep, 2016
- New York City
Tobira Therapeutics surged seven-fold after liver treatment provider agreed to be acquired by Allergan for $1.7 billion. Ascena Retail net swung to profit on 55% jump in revenues. GM priced its all electric Chevrolet Bolt EV. Kmart may close 64 stores in the U.S. Lennar net jumped 6%.
- Sarla Buch
- 20 Sep, 2016
- New York City
Bayer forecasted higher sales and earnings in all businesses. Kingfisher profit rose 1% and lifted annual profit forecast. GVC Holdings net swung to a loss but revenues surged. IG Group first-quarter revenues jumped 5%. Pennon estimated operating profit of
- Mukesh Buch
- 19 Sep, 2016
- New York City
AIG agreed to sell 20% stake in Ascot Underwriting to Canada Pension Plan. Avnet agreed to sell its IT unit to Tech Data for $2.6 billion. Eldorado Resorts agreed to buy Isle of Capri Casinos for $950 million. Infoblox agreed to be acquired by privately held Vista Equity.
- Sarla Buch
- 19 Sep, 2016
- New York City
Dairy Crest declined on full-year outlook. Haldex rejected higher offer from Knorr-Bremse. Mitie tumbled 28% on lowered full-year operating profit forecast. Rolls-Royce said it reduced additional 200 management roles.
- Mukesh Buch
- 16 Sep, 2016
- New York City
Unilever in negotiation to acquire retailer Honest Co for $1 billion. Intel lifted revenues and gross margin forecast for the third-quarter. Oracle profit jumped 5%. UPS plans to hire approx 95,000 seasonal employees between Novembers and through January 2017.
- Sarla Buch
- 16 Sep, 2016
- New York City
Deutsche Bank said it has no intention to settle
- Mukesh Buch
- 15 Sep, 2016
- New York City
Apogee net soared 52% on 16% increase in revenues and the building fixtures designer lifted earnings outlook. Clarcor lowered sales and earnings forecast. Star Bulk Carriers net loss narrowed. McDonald''s received final three bids for its China and Hong Kong outlets.
- Sarla Buch
- 15 Sep, 2016
- New York City
Areva agreed to sell its 50% stake in Adwen to Spain-based Gamesa. Informa agreed to buy the U.S.-based privately held Penton Information for
- Mukesh Buch
- 14 Sep, 2016
- New York City
At Home Group net swung to profit after net sales surged 21%. Cracker Barrel profit soared 8% on 4% increase in revenues. Monsanto agreed to be acquired by the Germany-based Bayer for $128 per share or $66 billion in cash deal.
- Sarla Buch
- 14 Sep, 2016
- New York City
Bayer agreed to acquire the U.S.-based Monsanto for $66 billion. Hermes International profit soared 13% to
- Manish Shah
- 13 Sep, 2016
- New York City
Farmer Brothers net swung to profit. GMS net soared after revenues surged 22%. Intersil agreed to be acquired by the Japan-based rival Renesas for $3.2 billion. United Natural Foods net declined 4%.