- Mukesh Buch
- 29 Dec, 2017
- New York City
Apple, Microsoft, Bank of America, Goldman Sachs, Citigrop and other global corporations announce plans to repatriate foreign income and take advantage of new tax laws. Uber sells 15% stake to Softbank worth $9 billion.
- Sarla Buch
- 29 Dec, 2017
- New York City
Airbus secured 430 Airbus A320neo order from India-based Indigo worth $50 billion. Banco BPM exceeds the capital requirements set by the European Central Bank and envisages the disposal of
- Mukesh Buch
- 28 Dec, 2017
- New York City
Apple is in talk with Riyadh for strategic investments in the region. Brigade Capital opposed Humana to deal with Kindred Healthcare. GE increases stake in Sweden-based Arcam Aktiebolag. J.B. Hunt declined despite beating fourth-quarter estimate.
- Sarla Buch
- 28 Dec, 2017
- New York City
Aegon plans to sell stake in the U.S. unit to France-based rival Scor SE. Nighthawk Energy agreed with its creditor to amend existing bank agreement. PKN Orlen oil refiner offered 380 crowns per share in its Czech downstream oil unit Unipetrol.
- Mukesh Buch
- 27 Dec, 2017
- New York City
Apple is said to have lowered its fiscal 2018 first-quarter sales forecast for iPhone X. Aston Martin recall more than 5,000 vehicles in the U.S. Boeing confirmed talks to acquire Brazil-based jet aircraft maker Embraer.
- Sarla Buch
- 27 Dec, 2017
- New York City
Barclays will write-down $1.3 billion from the U.S. tax bill. Daimler lifted 2017 profit estimate after recent tax reform in the U.S. IWG stock surged after confirming takeover bid. Royal Dutch Shell said U.S. tax reform will be favorable to the group.
- Mukesh Buch
- 26 Dec, 2017
- New York City
Home Depot plans to acquire supply chain solutions provider XPO Logistics. Ignyta agreed to be acquired by Switzerland-based cancer drug maker Roche Holding for $1.7 billion. Sigma Labs secured contract from Germany-based privately-held Laser Zentrum Nord.
- Mukesh Buch
- 21 Dec, 2017
- New York City
Apogee tumbled after lowering profit estimate. CarMax revenues jumped but the growth slowed mirroring industry trend. Conagra sales and net beat estimates driven by hurricane fueled demand. Lindsay net surged. Paychex beat profit and revenue estimate.
- Sarla Buch
- 21 Dec, 2017
- New York City
Accenture reported strong quarterly results and also healthy order pipeline. Balfour Beatty sells 12.5% stake in M25 toll road operator and the infrastructure developed lifted 2017 profit forecast. Nokia signed multi-year patent license contract with Huawei.Statoil extend plans for Snorre oilfield.
- Mukesh Buch
- 20 Dec, 2017
- New York City
Actuant reaffirmed fiscal 2018 outlook. BlackBerry net loss widened after sales declined 22%. General Mills lifted net sales forecast. Micron Technology net and revenues surged. Red Hat net soared 49% on 22% jump in revenues. Rev Group profit soared.
- Sarla Buch
- 20 Dec, 2017
- New York City
Banco BPM sell non-performing unsecured credit portfolios for
- Mukesh Buch
- 19 Dec, 2017
- New York City
Darden Restaurants lifted fiscal outlook. FactSet plunged 8% despite reporting rising revenues. Longfin tumbled after buying a blockchain Ziddu.com. Navistar jumped on higher sales in Canada and in the U.S. Tenet explore to sale of its Conifer unit. Worthington net declined 16%.
- Sarla Buch
- 19 Dec, 2017
- New York City
Ceconomy net profit soared. China owned Tsinghua increased its stake in Dialog Semiconductor. Fresenius plans to acquire the U.S.-based Akorn in early 2018. Old Mutual agreed to sell asset management unit for
- Mukesh Buch
- 18 Dec, 2017
- New York City
Hershey to acquire Amplify Snack for $1.6 billion. Humana and private equity firms are in preliminary talks to buy Kindred Healthcare. Oracle agreed to acquire Australia-based Aconex for $1.2 billion. Penn National Gaming to buy Pinnacle Entertainment in $2.8 billion.