- Mukesh Buch
- 23 Jun, 2017
- New York City
Apogee net dropped but revenues jumped. AVEO Pharma surged on the approval of its cancer drug in Europe. Bed Bath & Beyond stock dropped to a 7-year low. BlackBerry net swung to profit. Siris Capital offered to acquire Synchronoss for $835 million.
- Sarla Buch
- 23 Jun, 2017
- New York City
The Irish government sold 25% stake in Allied Irish Banks to raise
- Mukesh Buch
- 22 Jun, 2017
- New York City
Accenture issued weak fiscal forecast. Barnes & Noble revenues declined 6%. Carnival lifted earnings forecast. Oracle net surged on strong cloud demand. Staples may consider an offer to go private.
- Sarla Buch
- 22 Jun, 2017
- New York City
U.K. regulator approved
- Mukesh Buch
- 21 Jun, 2017
- New York City
Actuant declined after the industrial products maker lowered fiscal outlook. Adobe reported better than expected results on the surge in cloud revenue. FedEx lifted dividend. CarMax net jumped 5%. Korn/Ferry net soared. Red Hat sustained revenue momentum.
- Sarla Buch
- 21 Jun, 2017
- New York City
Centrica sells two power plants to Czech power producer. The investment manager IP Group offers to buy rival Touchstone for $587 million. Prosiebensat 1 sells its Swedish online travel agency for
- Mukesh Buch
- 20 Jun, 2017
- New York City
Boeing revised higher its industry outlook for the next decade. CAI International lifted second-quarter forecast. Lennar net fell 2% but revenues soared 17%. Parexel agreed to go private for $5 billion.
- Sarla Buch
- 19 Jun, 2017
- New York City
Engie agreed to buy 40% stake in Dubai-based National Central Cooling Co. Europcar agreed to acquire rival Goldcar in a
- Mukesh Buch
- 19 Jun, 2017
- New York City
EQT agreed to buy Rice Energy for $6.7 billion. Hess agreed to sell its enhanced oil recovery assets in Permian Basin in Texas. Lockheed Martin and Tata agreed to make F-16s in India. Stryker agreed to buy Novadaq.
- Mukesh Buch
- 16 Jun, 2017
- New York City
Amazon agreed to acquire Whole Foods Market, Inc for $13.7 billion. Google faces $1.1 billion fine from the European Commission. Booz Allen is under SEC investigation for its billing practices. Wal-Mart agreed to buy online retailer Bonobos for $310 million.
- Sarla Buch
- 16 Jun, 2017
- New York City
BP and India-based Reliance Ind plans to invest $6 billion in Krishna-Godavari (KG) basin. JCDecaux wins exclusive advertising contract in Panama Airport. Nestle is exploring options for its U.S. confectionery business. Tesco reported its strongest result in seven years.
- Mukesh Buch
- 15 Jun, 2017
- New York City
Alere said net loss in the quarter widened. Bob Evans net surged on the sale of restaurant unit. CSW Industrials net soared 42%. Jabil Circuit net swung to a loss. Kroger tumbled after profit declined 56% and the retailer lowered earnings forecast.
- Sarla Buch
- 15 Jun, 2017
- New York City
DFS Furniture issued earnings watch on sharp decline in demand. Drax Group plans to pay annual dividend of
- Mukesh Buch
- 14 Jun, 2017
- New York City
Culp Inc, the mattress maker said net income soared 32% and forecasted improved profit. H & R Block net jumped 12%. Liberty Tax said revenues jumped 7%. Motorcar Parts of America extended its five-year sales growth record.