- Sarla Buch
- 17 Jul, 2017
- New York City
Balfour Beatty
- Mukesh Buch
- 14 Jul, 2017
- New York City
Citigroup profit dropped and trading revenue declined 6%. JPMorgan declined on lowered outlook but quarterly net soared 13%. PNC Financial net surged 14% on higher interest income. Wells Fargo & Co net jumped but the bank said it trimmed auto loan as the market softened.
- Sarla Buch
- 14 Jul, 2017
- New York City
Acacia Mining agrees to pay higher royalty rate for gold mining to Tanzanian government. Hays said net fees in the fourth-quarter jumped 7%. Skanska profit declined on write down. SEB Sweden-based bank said first-half profit surged.
- Sarla Buch
- 13 Jul, 2017
- New York City
Alstom revenues in the first-quarter jumped 6%. Babcock Intl forecasted stable order book. Ofcom set up separate unit to monitor BT''s Openreach unit. Sports Direct agreed to buy 26% Stake in Game Digital.
- Mukesh Buch
- 13 Jul, 2017
- New York City
Qatar Airways still insist to buy stake in American Airlines despite its decline for code-sharing agreements. Commerce Bancshares net soared 11%. Delta Air Lines net tumbled 21% but passenger unit revenues increased. JBS wins court approval for $300 million stake sell to Minerva.
- Mukesh Buch
- 12 Jul, 2017
- New York City
AAR net and revenues jumped. Barnes & Noble forecasted flat sales in fiscal 2018. Bank Of The Ozarks interest income soared on acquisitions. Fastenal net jumped 13.2%. MSC Industrial Direct plunged after net income declined.
- Sarla Buch
- 12 Jul, 2017
- New York City
Burberry first-quarter revenues jumped on strong sales in the U.K. and China. The homebuilder Barratt Developments forecasted profit ahead of market expectations. CropEnergies revenues and operating profit surged. SSP said revenues in the third-quarter soared 15%.
- Mukesh Buch
- 11 Jul, 2017
- New York City
Barracuda Networks revenues soared 9%. PepsiCo net jumped on higher pricing and stronger than expected growth in North America. VOXX International net loss narrowed. WD-40 net surged 14%.
- Sarla Buch
- 11 Jul, 2017
- New York City
Marks and Spencer revenues in the first-quarter increased 2.7%. Pagegroup profit in the first-half surged 18%. Pearson agreed to sell its 22% stake in Penguin Random House to Bertelsmann. Sanofi intends to buy the U.S.-based privately-held vaccines maker.
- Mukesh Buch
- 10 Jul, 2017
- New York City
Abercrombie & Fitch tumbled after specialty retailer terminated discussions about a potential deal. Helen of Troy net plunged 69%. Philip Morris lost a legal challenge in Australia.
- Sarla Buch
- 10 Jul, 2017
- New York City
Almirall plunged after Spain based drug maker lowered fiscal revenue forecast. Carillion tumbled on profit warning and the construction contractor wrote down
- Mukesh Buch
- 07 Jul, 2017
- New York City
Apache agreed to sell its three units in Canada for $713 million. Berkshire Hathaway Energy to bid for Texas power transmitter Oncor for $9 billion. Campbell Soup plans to acquire privately held Pacific Foods for $700 million. L Brands June sales decline.
- Sarla Buch
- 07 Jul, 2017
- New York City
Altrad Investment agreed to acquire the U.K.-based Cape Plc. Carrefour fell on profit margin worries. Dunelm sales surged on Worldstores acquisition. Comet Holding jumped on strong revenues. Fenner expects improved fiscal year profit. Meyer Burger won contract from REC.
- Mukesh Buch
- 06 Jul, 2017
- New York City
AZZ net tumbled 37% on 14% drop in revenues. Costco comparable sales in June soared. Fred''s same store sales fell. Herman Miller net plummeted. Liberty Interactive QVC agreed to acquire remaining 62% stake in Home Shopping Network. PriceSmart net surged.
- Sarla Buch
- 06 Jul, 2017
- New York City
AB Foods lifted fiscal profit outlook on strong sales at Primark. EU fined Merck, GE and Canon. Novae agreed to be acquired for