- Mukesh Buch
- 19 Oct, 2018
- New York City
American Express lifted revenue growth estimate. AIG revised higher global catastrophe losses. Honeywell lowered fiscal outlook. Procter & Gamble reported strong first-quarter results. PayPal net soared on 14% jump in revenues. VF Corp lifted fiscal outlook.
- Sarla Buch
- 19 Oct, 2018
- New York City
Bouygues tumbled on weak profit estimates. Michelin plunged despite strong sales growth. Remy Cointreau reaffirmed sales growth in China. Volvo reported strong results despite deliveries in bus segment declined.
- Mukesh Buch
- 18 Oct, 2018
- New York City
Alcoa swung to profitability supported by tariffs. The Blackstone revenues soared 11%. Genuine Parts lifted fiscal outlook. Philip Morris beat earnings estimates. Travelers Co reported strong results.
- Sarla Buch
- 18 Oct, 2018
- New York City
Carrefour sales in the third-quarter jumped. Ericsson net swung to profit. Kuehne + Nagel net benefits from the worldwide logistics boom. Nestle reaffirmed sales growth forecast. Novartis profit doubled and agreed to acquire Endocyte. SAP lifted fiscal outlook.
- Mukesh Buch
- 17 Oct, 2018
- New York City
Abbott Laboratories lowered fiscal 2018 outlook. IBM revenues failed to meet expectations set by analysts. M&T Bank beats earnings estimates. Northern Trust results fall short of expectations. US Bancorp profit soared.
- Sarla Buch
- 17 Oct, 2018
- New York City
ASML beats third-quarter expectations. Akzo Nobel net jumped but revenues declined. Fresenius tumbled after weaker-than-expected results and lowered fiscal outlook. Danone plunged weakening demand in China.
- Mukesh Buch
- 16 Oct, 2018
- New York City
Adobe reaffirmed fourth-quarter revenues forecast. BlackRock declined after net inflow declined. Goldman Sachs profit soared 21%. Grainger net plunged 36%. Johnson & Johnson lifted fiscal outlook. Morgan Stanley beats estimates.
- Sarla Buch
- 16 Oct, 2018
- New York City
Iberdrola agrees to sell Scottish utility plants to U.K.-based Drax Group. Aerospace equipment provider Meggitt lifted fiscal 2018 revenues forecast. Merck said it expects to return to profitable growth in 2019. Merlin Entertainments declined on weak performance.
- Mukesh Buch
- 15 Oct, 2018
- New York City
Bank of America beat profit estimates on cost reductions. Charles Schwab reported record results after net surged 49%. Harris Corp agreed to merge with L3 Technologies. Walmart acquired online lingerie retailer Bare Necessities.
- Sarla Buch
- 15 Oct, 2018
- New York City
Air Liquide reaffirmed its commitment in building infrastructure for hydrogen vehicles. ConvaTec tumbled 31% after the medical products maker lowered outlook. Chr Hansen, the bio science products maker reported a slight increase in revenues.
- Sarla Buch
- 10 Oct, 2018
- New York City
Ahlers net tumbled on weak revenues. Luxury goods conglomerate LVMH sales jumped after strong business in fashion and leather goods. PageGroup gross profit soared 20%.
- Mukesh Buch
- 12 Oct, 2018
- New York City
Citigroup reported better-than-expected quarterly profit on higher bond trading. First Republic Bank beat profit estimates. JP Morgan Chase revenue jumped above expectations. Wells Fargo revenues rebound after the bank revamps operations.
- Mukesh Buch
- 10 Oct, 2018
- New York City
Chubb said net loss in the third-quarter attributable to natural catastrophes was $450 million. Fastenal Co reported better-than-expected results after strong demand. IDT Corp swung to profit on improved revenues. TransDigm agreed to acquire Esterline Technologies.
- Sarla Buch
- 12 Oct, 2018
- New York City
Ashmore Group and Man Group said net assets under management jumped on strong asset inflows. ArcelorMittal agreed to sell its four European steel plants to meet the regulatory requirements.
- Sarla Buch
- 11 Oct, 2018
- New York City
Dialog Semi signed a chip license agreement with Apple Inc. Gemalto and Thales said the merger deal approval may take longer than expected. Hays reported quarterly fees growth rate was lower than expected on volatile exchange rate. Mondi operating profit surged 30%.