- Lucy Stoeva
- 12 May, 2016
- New York City
European markets closed lower amid high volatility brought by oil prices and corporate earnings. Dutch insurer Aegon, French lender Credit Agricole and online fashion retailer Zalando reported disappointing first-quarter earnings. Howeverm KBC Group, RWE, and Zurich Insurance exceeded expectations.
- Mukesh Buch
- 12 May, 2016
- New York City
AerCap net declined 28%. CA net surged 15%. Jack in the Box forecasted positive yearly outlook. Kohl''s net plunged 87%. Prestige Brands net declined 42% but lifted revenue estimate. Ralph Lauren net tumbled 67%. Vista Outdoor net and revenues surged.
- Lucy Stoeva
- 11 May, 2016
- New York City
European stock markets declined on disappointing earnings reports and company news. JCDecaux lowered its second-quarter outlook. Banco Popolare reported first-quarter loss due to loan write-downs. Carlsberg
- Mukesh Buch
- 11 May, 2016
- New York City
Aramark reaffirmed earnings outlook and said net soared 11%. Disney net rose 2%. Fossil profit tumbled 85% on 9% decline in revenues. Macy''''s lowered earnings forecast. Wendy
- Mukesh Buch
- 10 May, 2016
- New York City
A. M. Castle net loss widened to $36.9 million after sales declined 13%. Echostar profit surged 52%. MBIA net swung to a loss on 26% plunge in revenues. Dean Foods net swung to profit while revenues dropped 8%. Lumber Liquidators net loss widened on 10% drop in revenues.
- Lucy Stoeva
- 10 May, 2016
- New York City
European shares advanced on Tuesday as positive developments in Greece
- Lucy Stoeva
- 09 May, 2016
- New York City
European markets closed mixed on Monday, tracking the movement in volatile oil prices and reflecting the weak international data from China. Alstria Office REIT said funds from operations grew 24.5% in the first-quarter of 2016. ITE Group
- Mukesh Buch
- 09 May, 2016
- New York City
Charter Communications won final clearance to acquire Time Warner Cable. Krispy Kreme agreed to be taken private by Germany-based JAB. Freeport agreed to sell stake in TF Holdings to China-based Molybdenum. Drew net jumped 79%. HCP plans to spin off its HCR ManorCare portfolio.
- Mukesh Buch
- 06 May, 2016
- New York City
Alleghany net and revenues surged. ArcelorMittal net loss narrowed. Cigna net loss fell 3% but revenues jumped 6%. Cognizant Tech net soared 15%. Consolidated Edison net declined 16% on 13% fall in revenues. Exelon profit tumbled 75%. Fiserv net soared 62%. Mohawk net soared.
- Lucy Stoeva
- 06 May, 2016
- New York City
European markets erased earlier losses in a late rebound after the U.S. employment data sent offered mixed outlook. ArcelorMittal said loss narrowed and the steelmaker kept its 2016 guidance unchanged. Banca Monte dei Paschi di Siena posted higher-than-expected net income.
- Lucy Stoeva
- 05 May, 2016
- New York City
European stock market indexes closed little changed after a choppy session. Concerns over China
- Mukesh Buch
- 05 May, 2016
- New York City
Apache said net loss narrowed and lifted production forecast. Becton Dickinson profit and revenues surged. Alibaba net soared 85%. Church & Dwight revenues and profit rose. Kellogg net tumbled 23%. Merck net surged 19%. Occidental Petroleum net swung to profit.
- Mukesh Buch
- 04 May, 2016
- New York City
Belden lifted revenues outlook. Humana net tumbled 46% and lowered earnings forecast. Noble Energy net loss widened after sales dropped. Priceline Group revenues and profit surged. Time Warner net soared 25%. Western Union profit slumped.
- Lucy Stoeva
- 04 May, 2016
- New York City
European stocks extended losses on Wednesday as mining stocks fell on weak copper prices. Brazil sued BHP Billiton for $44.5 billion. Dialog Semiconductor reported sharply lower operating profit. U.K. supermarkets feel the pressure of German discount retailers.
- Lucy Stoeva
- 03 May, 2016
- New York City
European stocks declined on Tuesday after banks reported weaker-than-expected earnings while mining companies retreated on lower metal prices. Commerzbank said net dropped 52%. UBS said first-quarter profit sharply fell due to weakness in wealth management. HSBC posted a decline in profits.