- Sarla Buch
- 14 Jun, 2017
- New York City
British American Tobacco plans to expand its vapor business as full-year cigarette volume is estimated to decline. Deutsche Boerse lifted profit estimate to increase as much as 15%. Hexagon surged on possible sale. Inditex profit jumped. WH Smith sales soared.
- Mukesh Buch
- 13 Jun, 2017
- New York City
Axovant Sciences jumped after net surged 56%. Gymboree filed for Chapter 11 and seek to close s many as 450 stores. John Wiley & Sons profit soared. Tidewater net loss widened. Verizon today completed the acquisition of Yahoo.
- Sarla Buch
- 13 Jun, 2017
- New York City
Ashtead group profit jumped after strong growth in the U.S. and in the U.K. Allied Irish Banks plans to raise up to
- Sarla Buch
- 12 Jun, 2017
- New York City
Aldi plans to invest $3.4 billion in the U.S. for major expansion in next five-years. France based Dassault agreed to acquire Netherlands-based AITAC. Glencore offered $2.5 billion to Rio Tinto for its Australia-based coal assets. Stanley Gibbons is searching for a buyer.
- Mukesh Buch
- 12 Jun, 2017
- New York City
Golden Entertainment agreed to buy American Casino & Entertainment. GE announced CEO Jeff Immelt chief executive officer to step aside after 16 years in a management shakeup. Hamilton Lane assets under management jumped 11%. Honeywell agreed to acquire privately held Nextnine.
- Mukesh Buch
- 09 Jun, 2017
- New York City
SoftBank agreed to acquire two robots business from Google''s parent Alphabet. Ascena Retail net swung to a loss. Digital Realty Trust agreed to acquire Dupont Fabros Technology for $7.6 billion. KMG Chemicals net fell. VeriFone net swung to a loss.
- Sarla Buch
- 09 Jun, 2017
- New York City
Etihad reaffirmed its commitment to invest in Air Berlin. ADP lifted its stake in Turkish rival TAV Airports. Centrica to divest its Canadian oil assets to a China based consortium. L''Oreal to sell its Body Shop business for
- Mukesh Buch
- 08 Jun, 2017
- New York City
Dell Technologies net swung to a loss despite PC shipments jumped 6.2%. Destination Maternity net swung to a loss. Nordstrom family is exploring to take the luxury retailer private. Smucker net tumbled 42%. Vail Resorts completes the purchase of Stowe Mountain Resort in Vermont.
- Sarla Buch
- 08 Jun, 2017
- New York City
Auto Trader profit surged on 9% jump in revenues. Boohoo revenues doubled and raised
- Mukesh Buch
- 07 Jun, 2017
- New York City
Brown-Forman net tumbled 72% and the wine maker sold two premium liqueur brands. IDT net swung to a loss. Navistar net swung to a loss on weak truck and bus business. United Natural Foods lifted fiscal revenues forecast.
- Sarla Buch
- 07 Jun, 2017
- New York City
Banco Santander plans to acquire Banco Popular Espa
- Mukesh Buch
- 06 Jun, 2017
- New York City
Calavo Growers net surged. Fred''s net swung to a loss but the retailer is committed to acquiring up to 1,200 Rite Aid stores. G-III Apparel lifted fiscal outlook. HD Supply plans to sell its waterworks unit to private equity firms for $2.5 billion. Hooker Furniture net jumped 88%.
- Sarla Buch
- 06 Jun, 2017
- New York City
AO World said revenues soared but profit lagged on the weakness in Europe. easyJet said passenger traffic in May jumped 9.5%. Roche said its expensive new drug fails to show improvement in breast cancer treatment over its decade old drug. Shawbrook rejected hostile bid.
- Mukesh Buch
- 05 Jun, 2017
- New York City
Apple and Amazon are said to join Foxconn and bid for Toshiba''s memory business. Blackstone offered to buy Finland-based Sponda $1.98 billion. D.R. Horton offered to acquire 75% stake in Forestar. Herbalife declined after lowered revenues estimate but lifted earnings outlook.
- Sarla Buch
- 05 Jun, 2017
- New York City
BP and Rosneft signed long-term gas sales and purchase agreement. Ipsen updated its stock repurchase plan to