- Sarla Buch
- 06 Dec, 2018
- New York City
Bayer issued multi-year forecast and said debt will substantially in the next three years. DS Smith profit jumped and said it plans to sell its plastics division. Latecoere tumbled after weak fiscal 2019 outlook. Vonovia reported better-than-expected results.
- Sarla Buch
- 05 Dec, 2018
- New York City
Daimler plans to increase its stake in China-based BAIC. Stagecoach net swung to loss after non-cash goodwill impairment charge. Takeda won approval from shareholders for its $62 billion deal with Shire Plc.
- Mukesh Buch
- 04 Dec, 2018
- New York City
AutoZone first-quarter same store sales jumped. Dollar General declined on lowered fiscal outlook. HD Supply beats sales and profit estimates and the distributor lifted fiscal outlook. Toll Brothers profit beats estimates but new orders decline.
- Sarla Buch
- 04 Dec, 2018
- New York City
Bpost plunged 21% after the delivery service company estimated profit at the lower end of outlook. Elior said annual are expected to be in-line with estimate. IG Group lowered revenues forecast. Rheinmetall profit surged 50%. Victrex reported strong annual results.
- Mukesh Buch
- 03 Dec, 2018
- New York City
Finisar net swung to a loss on weak revenues. LabCorp lowered fiscal outlook. Nexstar Media agreed to acquire Tribune Media for $4.1 billion. The RMR Group net soared on strong revenues. Workday beats earnings on higher enterprise software demand.
- Sarla Buch
- 03 Dec, 2018
- New York City
GlaxoSmithKline agreed to acquire the U.S.-based Tesaro for
- Mukesh Buch
- 30 Nov, 2018
- New York City
GameStop estimated weaker-than-expected forecast. HP net more than doubled. PVH beat earnings estimates. VMware revenues were ahead of expectations as cloud revenues support growth.
- Sarla Buch
- 30 Nov, 2018
- New York City
Altice Europe net swung to profit and agreed to sell its 49.99% stake in its SFR FTTH business. BillerudKorsnas agreed to acquire forest land from Bergvik Skog Ost. Rocket Internet net swung to profit.
- Mukesh Buch
- 29 Nov, 2018
- New York City
Abercrombie & Fitch beats earnings estimates. Dollar Tree net surged 18% but lowered fiscal outlook. Guess net loss widened but revenues jumped. La-Z-Boy beats earnings and revenue estimates. Semtech net plunged. Tech Data profit soared 52%.
- Sarla Buch
- 29 Nov, 2018
- New York City
Daily Mail plunged after weak forecast but fiscal year profit doubled. Hammerson completed the sale of Highcross shopping center. Intu Properties tumbled after second takeover offer failed to materialize. Thomas Cook net swung to a loss. Wendel fell after net asset value declined.
- Mukesh Buch
- 28 Nov, 2018
- New York City
Buckle beats earnings estimates. Chico''s plunges to 9-year low. Dick''s Sporting jumped on fiscal outlook. Smucker declined. Salesforce.com jumped on strong sales. Tiffany net declined.
- Sarla Buch
- 28 Nov, 2018
- New York City
AXA lifted synergies and cash flow estimate from the merger with AXA XL merger. Knorr
- Mukesh Buch
- 27 Nov, 2018
- New York City
Cracker Barrel beats earnings results. Diana Shipping reported better-than- expected results. Eaton Vance income edged up. Hibbett Sports missed earnings estimates. MTS Systems net doubled.
- Sarla Buch
- 27 Nov, 2018
- New York City
Accor reaffirmed to double profit by 2022. Greggs lifted profit forecast after strong sales in October and November. Pets at Home profit tumbled. Thomas Cook issued second profit warning in as many months.
- Mukesh Buch
- 26 Nov, 2018
- New York City
CenterState Bank agreed to buy National Commerce. Paychex agreed to buy rival Oasis Outsourcing Acquisition for $1.2 billion. United Technologies received Chinese regulatory approval for $30 billion deal with Rockwell Collins.