- Sarla Buch
- 18 Dec, 2017
- New York City
The European Commission said it plans to investigate preferential tax for Ikea retail operation. Norway- based Statoil agreed to buy 25% stake in Brazil-based Roncador. Thales agreed to acquire Gemalto for
- Mukesh Buch
- 15 Dec, 2017
- New York City
Adobe Systems beats profit estimates. Costco reported strong results. Disney agreed to acquire Twenty-First Century Fox for $52.4 billion. Jabil net plunged but revenues jumped. Oracle declined despite profit beats.
- Sarla Buch
- 15 Dec, 2017
- New York City
CropEnergies lowered operating profit forecast after profit declined 33%. Hennes & Mauritz declined on weak sales and said it plans to close stores. SThree beat full-year profit estimate.
- Mukesh Buch
- 14 Dec, 2017
- New York City
Danaher reaffirmed fiscal 2018 outlook. Nordson lifted fiscal 2018 sales forecast. Pier 1 Imports tumbled after profit plunged 46%. Sanderson Farms reported lower-than-expected results. Scholastic sales and profit declined but reaffirmed fiscal 2018 forecast.
- Sarla Buch
- 14 Dec, 2017
- New York City
Capita tumbled on subdued outsourcing market outlook. Dassault terminated Silvercrest engine contract with Safran. Innogy lowered fiscal 2017 and 2018 outlook. Lonmin agreed to be acquired by South Africa-based Sabanye for
- Mukesh Buch
- 13 Dec, 2017
- New York City
Arrowhead Pharmaceuticals net loss narrowed. Civitas Solutions booked $31 million of impairment charges. Lennox International offered cautiously optimistic outlook. Mongodb subscription revenue surged.
- Sarla Buch
- 13 Dec, 2017
- New York City
Aurubis forecasted stable outlook for copper products in fiscal 2018. Dixons Carphone profit suffers on weak demand for mobile phones. Metro net declined following spinoff transaction. NCC revised higher charges in construction projects. TUI profit declined.
- Mukesh Buch
- 12 Dec, 2017
- New York City
3M plans to sell its optical fiber business to Corning for $900 million. Boeing lifted dividend and expanded share buyback to $18 billion. Casey''s General lowered fiscal 2018 forecast. KMG Chemicals net rose. RMR Group net tumbled 32%.
- Sarla Buch
- 12 Dec, 2017
- New York City
Ashtead launched
- Mukesh Buch
- 11 Dec, 2017
- New York City
Ascension is in talks with Providence St. Joseph to create the largest hospital network with 191 hospitals in 27 states. GGP rejected $14 billion unsolicited offer from Brookfield Property Partners.
- Sarla Buch
- 11 Dec, 2017
- New York City
Axel Springer is in talks to sell majority stake in digital media Aufeminin. BAE Systems agreed to provide 24 fighter jet to Qatar worth
- Mukesh Buch
- 08 Dec, 2017
- New York City
American Outdoor Brands lowered fiscal year estimate. Cooper profit surged 46%. Dell Technologies net loss narrowed on stronger revenue growth but margins remained under pressure. Finisar missed estimated. Johnson Outdoors net swung to profit.
- Sarla Buch
- 08 Dec, 2017
- New York City
Abbey net soared 9%. Air France KLM passengers traffic in November jumped 5.9%. Berkeley lifted earnings estimate but warns of Brexit risks. Carl Zeiss Meditec profit surged on higher margin.
- Mukesh Buch
- 07 Dec, 2017
- New York City
Ciena Corp said net income soared 30%. Dollar General reported strong sales and tightened fiscal outlook. Ferrellgas Partners net loss widened. Vail Resorts net loss narrowed.
- Sarla Buch
- 07 Dec, 2017
- New York City
Ladbrokes Coral surged on takeover offer from GVC. France-based telecom operator Orange SA offered mildly optimistic outlook. Smith & Nephew completed acquisition of Rotation Medical. Uniper fell on fiscal 2018 outlook but raise dividend.