- Mukesh Buch
- 17 Apr, 2018
- New York City
Comerica profit beats earnings estimates. Goldman Sachs reported strong quarterly profit and revenues. Johnson & Johnson profit fell but revenues jumped 13%. Northern Trust net surged. UnitedHealth lifted earnings outlook.
- Sarla Buch
- 17 Apr, 2018
- New York City
Bayer sell 3.6% stake to Singapore state owned Temasek. Breedon Group agreed to acquire Ireland-based rival Lagan Group. Casino Guichard sales lifted by Latin America. Intrum Justitia and Intesa SanPaolo in
- Mukesh Buch
- 16 Apr, 2018
- New York City
Bank of America reported record profit lifted by consumer banking business. Icahn Entp agreed to sell its Tropicana Entertainment for $1.85 billion. J.B. Hunt net jumped 6% on 20% surge in revenues. M&T Bank net rose on higher revenues.
- Sarla Buch
- 16 Apr, 2018
- New York City
Adecco agreed to acquire the U.S.-based General Assembly. Rocket Internet plans early termination of its share buyback program. Software AG reported weaker-than-expected revenues. Shire agreed to sell its Oncology business to France-based Servier.
- Mukesh Buch
- 13 Apr, 2018
- New York City
Citigroup profit beat estimates. First Horizon reported strong first-quarter results. First Republic Bank jumped on better-than-expected results. JPMorgan reported record profit on lower taxes. Wells Fargo profit may be trimmed by settlement expenses.
- Sarla Buch
- 13 Apr, 2018
- New York City
Conzzeta soared after quarterly revenues surged. L''Oreal reported quarterly sales in North America declined. Stora Enso jumped after batter-than-expected results. Sage revenues dropped but cloud revenues surged.
- Mukesh Buch
- 12 Apr, 2018
- New York City
BlackRock reported strong first-quarter results. Bed Bath & Beyond tumbled on weak outlook. Commerce Bancshares net jumped 7% on 9% increase in revenues. Delta Air Lines reported better-than-expected results despite higher costs. Rite Aid revenue missed estimates.
- Sarla Buch
- 12 Apr, 2018
- New York City
Gerresheimer profit surged but revenue forecast disappointed traders. Man Group plans to buy back as much as $100 million of stocks. PUMA jumped on improved forecast. WH Smith profit eased.
- Mukesh Buch
- 11 Apr, 2018
- New York City
Alexion Pharma agreed to buy Sweden-based Wilson Therapeutics for $855 million. EMCORE lowered second-quarter sales forecast. Fastenal declined despite strong first-quarter results. Washington Federal net soared on 10% jump in revenues.
- Sarla Buch
- 11 Apr, 2018
- New York City
Asos.com plans to increase capital spending in fiscal 2018. Barry Callebaut reported increase in profit after sales volume jumped 8%. Hammerson received revised proposal from France-based rival Klepierre. PageGroup profit soared 10%.
- Mukesh Buch
- 10 Apr, 2018
- New York City
Tenneco agreed to buy Federal-Mogul from Icahn Enterprises for $5.4 billion. MSC Industrial Direct reported strong profit and revenues. The U.S. Justice Department approved Monsanto merger with Bayer AG. Simply Good Foods net jumped.
- Sarla Buch
- 10 Apr, 2018
- New York City
Bayer soared after the company won U.S. regulatory approval of Monsanto takeover. BNP Paribas agreed to buy Poland-based Raiffeisen Bank International. Givaudan declined on weaker-than-expected sales. LVMH sales soared 10% to
- Mukesh Buch
- 09 Apr, 2018
- New York City
Hilton Worldwide shareholder HNA Tourism Group plans to sell 63.05 million shares. National Beef Packing agreed to be acquired by Brazil-based Marfrig Global Foods for $969 million.
- Sarla Buch
- 09 Apr, 2018
- New York City
Henkel confirmed fiscal 2018 outlook and said its delivery problems in North America should be solved by the end of June. Novartis agreed to acquire the U.S.-based AveXis for $8.7 billion in cash. Sulzer buys back five million shares from Russia controlled company.
- Mukesh Buch
- 06 Apr, 2018
- New York City
Greenbrier reported better-than-expected results. Hooker Furniture missed earnings estimates. Pricesmart warehouse club sales soared. WD-40 earnings reported above expectations.