- Sarla Buch
- 13 Jul, 2018
- New York City
Altran tumbled 28% after it identified a fraud at its recently acquired U.S. unit. Gjensidige blamed weaker profit on winter conditions. European Union approved Ryanair to increase its stake to 75% in Austrian rival Laudamotion. GAM Holding plummeted on profit warnings.
- Mukesh Buch
- 12 Jul, 2018
- New York City
Bank of the Ozarks reported strong quarterly earnings results. Commerce Bancshares net soared. Delta Air lowered fiscal 2018 earnings forecast on higher fuel cost. T. Rowe said assets under management increased to $1.04 trillion.
- Sarla Buch
- 12 Jul, 2018
- New York City
Aker Solutions profit surged and the oil services provider offered a positive outlook. DNB, the Norway based bank said net soared. Gerresheimer surged on better-than-expected results. Suedzucker declined after operating profit plunged 49%.
- Mukesh Buch
- 11 Jul, 2018
- New York City
AngioDynamics tumbled on weak revenues. AAR Corp net declined but reaffirmed fiscal outlook. Fastenal surged after stronger-than-expected results. MSC Industrial Direct net soared on. WD-40 Co reported strong third-quarter results.
- Sarla Buch
- 11 Jul, 2018
- New York City
Burberry reported disappointed sales in Asia Pacific and Americas. Barratt Developments forecasted pretax profit to jump after average selling price jumped 5%. Indivior tumbled after company suffered market share loss in the opioid treatment to the India based generic drug maker.
- Mukesh Buch
- 10 Jul, 2018
- New York City
PepsiCo net declined but the food and beverage maker reaffirmed fiscal 2018 forecast and highlighted strength in international markets. The Simply Good Foods net more than doubled.
- Sarla Buch
- 10 Jul, 2018
- New York City
Cambian received preliminary takeover approach from a rival. Nordex secured largest ever single contract in Brazil. Ocado net swung to a loss. TP ICAP tumbled on weak fiscal operating profit forecast.
- Mukesh Buch
- 09 Jul, 2018
- New York City
Canada Pension Plan and TCV agreed to acquire Sportradar for $2.4 billion. Helen of Troy net surged. Vista Outdoor agreed to sell its eyewear brands for $158 million.
- Sarla Buch
- 09 Jul, 2018
- New York City
Air France KLM reported higher passenger traffic growth in June. Elior Group increased its stake in its North America unit. Total SA acquired 73% stake in Direct Energie for
- Mukesh Buch
- 06 Jul, 2018
- New York City
Bristol-Myers hired is reportedly looking to sell its France-based over-the-counter drugs business. Pricesmart profit fell. Silicon Motion Technology declined on weak second-quarter forecast. Sonos plans to raise $100 million in an initial public offering.
- Sarla Buch
- 06 Jul, 2018
- New York City
Assa Abloy booked $700 million impairment charges related to China operations. Altice is in talk with China-based Huawei for the development 5G networks in Netherland. HELLA is selling its Demark and Poland-based businesses. Inmarsat rejected second improved takeover bid.
- Mukesh Buch
- 05 Jul, 2018
- New York City
The Boeing will acquire a controlling stake in Brazil-based Embraer for $4.8 billion. International Speedway net surged. PayPal completed the sale of its consumer credit receivables business to Synchrony for $6.9 billion. Zebra agreed to acquire Xplore.
- Sarla Buch
- 05 Jul, 2018
- New York City
Bellon family increased its stake in Sodexo. Generali agreed to sell 89.9% stake in its Germany-based life insurance unit for
- Sarla Buch
- 04 Jul, 2018
- New York City
Gresham Technologies tumbled after revenues declined. Eurofins Scientific closed the acquisition of France-based rival LBO. Sainsbury jumped after strong first-quarter revenues growth and the retailer finalized the
- Mukesh Buch
- 03 Jul, 2018
- New York City
Acuity Brands sales jumped on strong demand. AZZ soared on higher earnings and the electrical equipment maker reaffirmed fiscal 2019 outlook. Delta Air Lines traffic in June increased. Herman Miller profit declined but revenues jumped.