- Mukesh Buch
- 18 Aug, 2016
- New York City
Wal-Mart reported eighth quarterly same store sales increase in a row and said net rose 9%. Cisco net surged 21% and the networking gear maker said it plans to eliminate up to 5,500 positions globally. Cato net rose 2% and lowered earnings forecast after sales dropped. Toro net jumped 5%.
- Sarla Buch
- 18 Aug, 2016
- New York City
Asda struggles with performance despite price declines. Co-operative Bank net loss narrowed. Kingfisher sales rose 8% to
- Mukesh Buch
- 17 Aug, 2016
- New York City
Analog Devices net soared 35%. American Eagle net jumped 5% on 35% surge in revenues. Eaton Vance net soared 14%. Lowe''''''''s net rose 4%. Madison Square agreed to acquire 12% stake in Townsquare Media. Staples net swung to a loss of $766 million. Target net and revenues plunged.
- Sarla Buch
- 17 Aug, 2016
- New York City
Admiral Group said net income rose 3% on 14% jump in revenues and added its solvency ratio declined after the Brexit referendum. Balfour Beatty net loss narrowed. Carlsberg profit soared 25% but revenues fell 4%. Wirecard said revenues advanced 33%.
- Mukesh Buch
- 16 Aug, 2016
- New York City
Aetna plans to severely cut number of states it offers health plan under Affordable Care Act. AIG agreed to sell United Guaranty for $3.4 billion. Cintas plans to buy G&K Services for $2.2 billion. Coty net swung to a loss. Dicks Sporting net rose. Home Depot net jumped. TJX net rose.
- Sarla Buch
- 16 Aug, 2016
- New York City
BHP Billiton net swung to a loss of $6.4 billion and revenues plunged 31%. Deutsche EuroShop net fell 2%. John Wood net plunged 63% and awarded contract for $700 million in Kazakhstan. Linde is in merger talks with the U.S.-based rival Praxair.
- Mukesh Buch
- 15 Aug, 2016
- New York City
CSW Ind net plunged 53% on 5% decline in revenues. Honeywell is reportedly in talks to acquire JDA Software for $3 billion. Mid-America Apartment Communities agreed to acquire Post Properties for $4 billion. Sysco profit surged after revenues jumped 10%.
- Sarla Buch
- 15 Aug, 2016
- New York City
Bovis Homes net and revenues surged. Hennes & Mauritz said sales in July soared 10%. Lonza agreed to acquire the U.S.-based nutraceuticals for $300 million. William Hill rejected revised higher merger offer.
- Mukesh Buch
- 12 Aug, 2016
- New York City
Applied Industrial net and revenues fell. Brookfield Asset Management net tumbled 71% but revenues soared 21%. Dillard''s profit declined 60%. J C Penney net loss narrowed and reaffirmed full-year comparable store sales forecast. Nordstrom net plunged 45%. Nvidia net surged.
- Sarla Buch
- 12 Aug, 2016
- New York City
AP Moeller Maersk net plunged 88% on 17% as average container freight rate declined 24% and 26% lower oil price. Deutsche Wohnen net surged 15%. Nationwide net swung to a profit
- Mukesh Buch
- 11 Aug, 2016
- New York City
Alibaba net tumbled. Brinker Intl profit and revenues surged. Kohl''''s net advanced 8% but the retail chain lowered earnings forecast. Macy''''s profit tumbled 95%. Perrigo net jumped three-fold. Vista Outdoor net plunged 14%.
- Sarla Buch
- 11 Aug, 2016
- New York City
Deutsche Telekom net declined 13%. Henkel lifted sales forecasted. RWE net tumbled 74% and net debt increased. ThyssenKrupp net plummeted 35% on 12% decline in revenues. TUI net surged but revenues dropped 6%.
- Mukesh Buch
- 10 Aug, 2016
- New York City
Michael Kors net slumped 16%. Ralph Lauren net swung to a loss and revenues dropped 4%. SunPower net swung to a loss. Walt Disney profit jumped 5% and agreed to acquire 33% stake in BAMTech. Wendy''s net tumbled 34% but lifted earnings forecast. Yelp net swung to profit.
- Sarla Buch
- 10 Aug, 2016
- New York City
Bilfinger net loss narrowed. E.ON net swung to a loss after revenues plummeted 11%. G4S net soared as in the first-half secured new contracts worth
- Mukesh Buch
- 09 Aug, 2016
- New York City
Coach net and revenues surged. AerCap plummeted 25% on 7% fall in revenues. Exelon profit tumbled 58% but revenues rose 6%. HCP net soared 83%. PPL and News Corp net swung to profit. Valeant Pharma net loss widened and plans to sell its non-core assets worth about $8 billion.