- Sarla Buch
- 03 Jul, 2018
- New York City
BE Semiconductor trimmed its sequential revenues growth forecast. Carl Zeiss Meditec jumped after the technology company lifted fiscal 2018 revenues forecast. Grenke lifted fiscal outlook. Societe Generale agreed to buy equity markets and commodities business of Commerzbank.
- Mukesh Buch
- 02 Jul, 2018
- New York City
The Archer Daniels agreed to acquire France-based Neovia for $1.75 billion. Acxiom plans to sell its marketing solutions business to Interpublic Group for $2.2 billion. Dell Technologies offered to acquire VMware.
- Sarla Buch
- 02 Jul, 2018
- New York City
Carrefour and Tesco plans to form a global sourcing partnership. Meggitt lifted revenue outlook. Recordati tumbled after it agreed to be acquired by a consortium. Vedanta plan to delist from the London Stock Exchange.
- Mukesh Buch
- 29 Jun, 2018
- New York City
Constellation Brands lowered fiscal 2019 outlook. Greenbrier reaffirmed fiscal outlook. KB Home reported strong second-quarter results. NIKE reported strong double-digit revenue growth in international markets. SYNNEX net surged.
- Sarla Buch
- 29 Jun, 2018
- New York City
Accor plans to acquire 50% stake in the U.S.-based SBE Entertainment for $319 million. Novartis will spin-off its Alcon eye-care business and plans to buy back $5 billion of its shares. Stagecoach net surged. Serco lowered fiscal 2018 revenues outlook.
- Mukesh Buch
- 28 Jun, 2018
- New York City
Accenture beats third-quarter earnings estimates. Bed Bath & Beyond net plunged. Lindsay net declined but revenues surged 12%.Walgreens profit jumped but stock tumbled after Amazon announced to acquire an online drug retail.
- Sarla Buch
- 28 Jun, 2018
- New York City
Hennes & Mauritz reported weaker-than-expected quarterly earnings. John Wood declined on weak outlook. OSRAM Licht tumbled after the company lowered revenues and profit forecast. Sanofi agreed to sell its European generics business Zentiva for about
- Mukesh Buch
- 27 Jun, 2018
- New York City
Conagra net plunged and agreed to buy Pinnacle Foods for $10.9 billion. General Mills net declined on weak sales. GE plans to spin off its healthcare business to Baker Hughes. Paychex net surged. Sonic beats third-quarter earnings estimates. UniFirst Net Jumped.
- Sarla Buch
- 27 Jun, 2018
- New York City
Bunzl forecasted revenue in the first-half to surge 11%. The European antitrust opened investigation into BASF and Solvay deal. Costa Coffee total sales surged 5.2% but comparable sales dropped 2%. Xaar tumbled on weak outlook.
- Mukesh Buch
- 26 Jun, 2018
- New York City
Akamai Technologies lowered revenues forecast. Atlas Air lifted earnings estimate. Carnival reported strong second-quarter results. FactSet Research net soared on 9% jump in revenues. Greystar agreed to acquire EdR for $4.6 billion. Lennar net and revenues surged.
- Sarla Buch
- 26 Jun, 2018
- New York City
Eutelsat plans to bid for the U.K.-based rival Inmarsat. Eurofins Scientific raised fiscal 2018 revenues growth. Elior plunged despite set sales growth and cash flow under new strategic plan up to 2021. IHS Markit reported stronger than expected results after the merger.
- Mukesh Buch
- 22 Jun, 2018
- New York City
BlackBerry plunged after net swung to a loss on 9% decline in revenues. CarMax surged after net and revenues soared. Park Electrochemical jumped after net more than doubled. Red Hat tumbled on weak forecast.
- Sarla Buch
- 22 Jun, 2018
- New York City
Airbus warns that it may leave the U.K. if the nation fails to finalize its agreement with the European Union. Unipol Gruppo plans to acquire an additional 5.2% stake to own total of 15% stake in the domestic rival BPER Banca for
- Mukesh Buch
- 21 Jun, 2018
- New York City
Barnes & Noble fell after net loss widened. Commercial Metals missed earnings estimates. Darden Restaurants surged on improved outlook. The Kroger reported strong profit in the first-quarter. Micron Technology net surged on 40% jump in revenues.
- Sarla Buch
- 21 Jun, 2018
- New York City
BP abandoned to acquire Australia-based Woolworths fuel retail station deal. Daimler said profits may be hit by the U.S. and China trade war fears. Dixons Carphone profit tumbled. JCDecaux proposed to acquire Australia-based rival.