- Mukesh Buch
- 22 Jan, 2018
- New York City
AIG agreed to acquire Validus for $5.56 billion. Celgene agreed to buy smaller rival Juno Therapeutics for $9 billion. Halliburton beats on fourth-quarter profit. Ingersoll-Rand acquired the U.K.-based ICS Group.
- Sarla Buch
- 22 Jan, 2018
- New York City
Dixons Carphone sales jumped after strong performance in Norway and Greece. Richemont offered
- Mukesh Buch
- 19 Jan, 2018
- New York City
American Express beats earnings estimates but reported quarterly loss on the account of one-time tax reform related charges. IBM fell on weak profit outlook. SunTrust Banks profit jumped 58%. Schlumberger net loss narrowed.
- Sarla Buch
- 19 Jan, 2018
- New York City
BASF annual sales and profit surged. Ceconomy forecasted profit to decline despite higher sales. Remy Cointreau reported third-quarter sales above the estimates. Dignity tumbled on profit warning after lower funeral prices. Software estimated lower profit.
- Mukesh Buch
- 18 Jan, 2018
- New York City
Alcoa net loss widened but revenues soared 28%. BNY Mellon profit surged 38%. BB&T beats estimates. J B Hunt net and revenues jumped. Morgan Stanley said trading revenues declines but wealth management fees rise.
- Sarla Buch
- 18 Jan, 2018
- New York City
Airbus secured order for 36 additional A380 jumbo jets from Emirates. AB Foods reported rising holiday sales at its low-cost fashion retail chain Primark. Countrywide declined after profit warning. Informa and UBM, the two largest event organizers are in merger talk.
- Mukesh Buch
- 17 Jan, 2018
- New York City
Bank of America profit declined 50% on one-time charges linked to latest tax reforms and missed revenue expectations. Charles Schwab revenues soared. CSX reported better-than-expected results. Goldman Sachs bond trading plunges 50%. US Bancorp profit jumped.
- Sarla Buch
- 17 Jan, 2018
- New York City
ASML beats earnings estimate and forecasted strong growth ahead. Alstom sales and orders jumped. Grupo Carrefour Brasil reported rising sales on strong holiday and e-commerce sales. Zalando forecasted strong growth in revenues and operating profit.
- Mukesh Buch
- 16 Jan, 2018
- New York City
Avis Budget declined on weak revenue forecast. Citigroup reported loss of $18.3 billion on one-time charges linked to federal tax overhaul. Comerica net plunged 31%. First Republic missed revenues estimates. UnitedHealth profit more than doubled after one-time tax benefit.
- Sarla Buch
- 16 Jan, 2018
- New York City
BP recorded additional $1.7 billion charges linked to Deepwater Horizon disaster. Ericsson wrote down 14.2 billion kronor. Greggs issued cautious fiscal outlook. Hugo Boss quarterly sales benefited from the strength in the U.S. IHS Markit beats fourth-quarter estimates.
- Sarla Buch
- 15 Jan, 2018
- New York City
Airbus may be forced to abandon, once heralded as showpiece, A380 superjumbo passenger aircraft production. U.K. based Carillion files for liquidation. Metso warned of weak fourth-quarter profit. Renault said annual vehicle sales jumped 4%. William Hill beats profit estimates.
- 123jump.com Staff
- 15 Jan, 2018
- New York City
Airbus may be forced to abandon, once heralded as showpiece, A380 superjumbo passenger aircraft production. U.K. based Carillion files for liquidation. Metso warned of weak fourth-quarter profit. Renault said annual vehicle sales jumped 4%. William Hill beats profit estimates.
- Mukesh Buch
- 12 Jan, 2018
- New York City
BlackRock profit surges ahead as asset base expands. JPMorgan takes $2.4 billion tax bill related one-time charges. PNC Financial beats earnings estimate. Shaw Communications net soared 28%. Wells Fargo takes $3.25 billion litigation related charges.
- Sarla Buch
- 12 Jan, 2018
- New York City
B&M reported strong sales in holiday period. Carrefour agreed to buy 17% stake in Showroomprive.com. GKN rejected
- Mukesh Buch
- 11 Jan, 2018
- New York City
Delta Air Lines reported better-than-expected profit. JetBlue December traffic and capacity increased. KB Home profit and revenues surged. Meredith extended tender offer to buy Time Inc for $18.50 per share. Progress Software surged after net swung to profit.