- Sarla Buch
- 27 Oct, 2017
- New York City
Kuka revenues soared on strong demand in China. Linde profit declined on weak revenues. RBS reported third consecutive quarterly profit after cost-cutting. Safran beats revenue growth expectations. Total SA net soared 40%. UBS profit surged 32%.
- Mukesh Buch
- 26 Oct, 2017
- New York City
Comcast reported a surge in profit. Twitter soared after net loss narrowed. Valero profits jumped on higher post-Harvey gas prices. Walgreens closes 600 Rite Aid stores. Xerox beats expectations.
- Sarla Buch
- 26 Oct, 2017
- New York City
Barclays declined on weak trading revenues. Deutsche Bank trading slump but profit surged. Nokia tumbled on gloomy outlook but profit doubled. Schneider Electric lifted revenues forecast. Banco Santander net soared but investors stay tuned for Catalonia decision.
- Mukesh Buch
- 25 Oct, 2017
- New York City
AT&T profit declined after TV Subscription and wireless phone businesses shrink. Boeing profit plunged despite record plane deliveries. Coca-Cola profit surged 38% but revenues tumbled 15%. General Dynamics profit jumped 18%. International Paper net soared. Visa profit surged.
- Sarla Buch
- 25 Oct, 2017
- New York City
Lufthansa said deal with the smaller rival Air Berlin is expected to generate positive impact in 2019. Fiat Chrysler profit soared despite shipment fell 6%. GlaxoSmithKline profit surged on strong demand for Tivicay and Relvar. Lloyds Banking lifted fiscal outlook.
- Mukesh Buch
- 24 Oct, 2017
- New York City
3M lifted profit outlook. Biogen beats profit and revenue estimate. Caterpillar profit jumped on strong equipment demand. GM net swung to a loss on downtime. Eli Lilly profit beats estimate and the drug maker may sell or spinoff of animal health business. McDonald''s profit surged 48%.
- Sarla Buch
- 24 Oct, 2017
- New York City
Atos said cyber-security division revenues soared. BASF reported better-than-expected earnings growth of 35%. Covestro plans to buy back as much as
- Mukesh Buch
- 23 Oct, 2017
- New York City
Cisco agreed to buy BroadSoft for $1.9 billion. Hartford Financial net plunged 47%. Halliburton profit rebounded on higher oil prices. Hasbro net soared 15%. Illinois Tool net surged 20%. Kimberly Clark reaffirmed fiscal 2017 outlook. VFC Corp net tumbled 23%.
- Sarla Buch
- 23 Oct, 2017
- New York City
CRH received Ash Grove approval for its $3.5 billion acquisition. Philips net plunged 15% on flat revenues. Pendragon tumbled on profit warning. Spire Healthcare rejected takeover offer from its major investor Mediclinic. Securitas reported better-than-expected results.
- Mukesh Buch
- 18 Oct, 2017
- New York City
Assurant agreed to buy privately held Warranty Group for $2.5 billion. Abbott net swung to profit on strong medical device sales. IBM net declined for the 22nd quarter in a row. Morgan Stanley net soared. M&T Bank net missed the estimate. U.S. Bancorp net jumped on loan growth.
- Sarla Buch
- 18 Oct, 2017
- New York City
Akzo Nobel reported lower-than-expected results and issued second profit warning. ASML profit surged on strong demand. Carrefour Brasil sales soared 8%. Haulotte said revenues in the nine-months jumped 8%.
- Sarla Buch
- 17 Oct, 2017
- New York City
Airbus agreed to buy a majority stake in CSeries passenger jetliner of Canada-based Bombardier. Merlin shares tumbled on profit warning. Pearson jumped on improved profit forecast. Remy Cointreau said sales advanced 6%. Sartorius lowered group revenues forecast.
- Mukesh Buch
- 17 Oct, 2017
- New York City
CSX benefited from higher freight rates. Comerica net soared on higher net interest income. Goldman Sachs bond trading revenues fell but benefitted from the healthy deals and equities markets. Omnicom beats revenue forecast. Grainger net plunged. J&J revenues soared. UnitedHealth profit surged 26%.
- Mukesh Buch
- 16 Oct, 2017
- New York City
Charles Schwab net and revenues surged on a new retail brokerage accounts. Capstar Financial net more than doubled. McClatchy said net loss widened on weak revenues. Nordstrom family suspends its plan to go private. Ruby Tuesday agreed to be acquired by NRD Capital.
- Sarla Buch
- 16 Oct, 2017
- New York City
EasyJet may acquire parts of Air Berlin operations at Tegel Airport. ConvaTec tumbled after it lowered revenues estimates linked to supply issues. Husqvarna declined after weak sales in its consumer brands division. Saint Gobain completed acquisition Norwegian rival.