- Lucy Stoeva
- 16 Mar, 2016
- New York City
European markets were little changed as investors remained cautious ahead of the U.S. Fed decision on interest rates. Tullow Oil discovered oil in Kenya
- Mukesh Buch
- 17 Mar, 2016
- New York City
Cato net surged 28%. CLARCOR net profit plunged 18% on 6% decline in revenues. FedEx net tumbled 19% but revenues soared 9%. Jabil Circuit net soared 52%. Lands'''' End net swung to a loss. Michaels Co net jumped. Williams-Sonoma net fell.
- Lucy Stoeva
- 17 Mar, 2016
- New York City
The euro rose and European markets eased after the U.S. Fed limited future rate hikes to two in the rest of 2016 citing global economic weakness. Lufthansa projected slower earnings improvements. Immofinanz posted a loss after a write-down of
- Mukesh Buch
- 16 Mar, 2016
- New York City
Actuant net loss widened after revenues declined 13% and lowered sales forecast. Blount Intl net loss widened. Oracle profit plunged 14% as revenues in hardware and service segment plummeted. Team net surged 29% on 13% increase in revenues.
- Lucy Stoeva
- 15 Mar, 2016
- New York City
European markets fell on lower commodity prices and on weakness in Asian markets. Antofagasta canceled its final dividend. Galenica confirmed the corporate split-off plan. Numericable-SFR said adjusted operating earnings rose 20% in 2015.
- Lucy Stoeva
- 15 Mar, 2016
- New York City
European markets extended three-day rally on the back of financial and resource stocks. Energy shares turned down after Iran reiterated its commitment to increase production.
- Mukesh Buch
- 15 Mar, 2016
- New York City
Bon-Ton net plunged 29%. Children''s Place profit rose. DSW net tumbled 62% but revenues jumped. FactSet net soared 10%. Valeant Pharma tumbled after lowering revenues forecast. Veritiv net swung to profit while revenues declined 8%.
- Mukesh Buch
- 14 Mar, 2016
- New York City
Starwood Hotels received buyout offer of $12.8 billion from China-based insurance company. 3D Systems net swung to a loss. A. Schulman plunged. Fresh Market surged after agreed to be acquired by Apollo Global for $1.4 billion. A. M. Castle net and revenues declined.
- Mukesh Buch
- 12 Mar, 2016
- New York City
Buckle profit declined after sales dropped. Genesco net slumped 8% but sales increased. Hibbett Sports net plunged 13%. Square net loss widened. Ulta Salon net and total sales surged. Zumiez net tumbled 25% on 6% decline in revenues.
- Mukesh Buch
- 10 Mar, 2016
- New York City
AEP Ind net soared. Cantel Medical profit and revenues jumped. Coca-Cola Bottling net and revenues surged above 40%. Dollar General net jumped 6% and lifted fiscal outlook. Ferrellgas net plummeted 23%. Korn/Ferry net swung to a loss. Stein Mart net plunged 49%. Vail Resorts net rose.
- Lucy Stoeva
- 12 Mar, 2016
- New York City
European market indexes soared in a broad rally sparked by advances in banks and resource sectors. ArcelorMittal outlined the terms for a $3 billion rights issue that aims to reduce debt. Old Mutual announced a plan to break up in four companies.
- Lucy Stoeva
- 10 Mar, 2016
- New York City
European Central Bank expanded stimulus program in scope and scale and also cautioned future rate cuts are less likely after lowering rates today. Hannover R
- Lucy Stoeva
- 10 Mar, 2016
- New York City
European stock markets rose on higher oil prices, a rebound in banking stocks, and merger talk in the telecom sector. Telecom Italia and Orange may pursue a merger. Credit Agricole announced an ambitious cost saving program and distribute 50% of earnings as dividends from the next year.
- Mukesh Buch
- 09 Mar, 2016
- New York City
AeroVironment net soared and lifted gross profit margin forecast for the year. Express net surged 34% on 5% increase in revenues. Speedway Motorsports net loss narrowed. Trevena net loss widened. Vera Bradley profit plunged 9%.
- Lucy Stoeva
- 08 Mar, 2016
- New York City
European markets fell after China reported weakening international trade data. Fourth-quarter GDP grew 0.3% in the euro zone. Symrise warned of a difficult 2016. Burberry Plc surged 6% on takeover speculations.