- Mukesh Buch
- 02 Jun, 2017
- New York City
Cooper Companies beats second-quarter estimates and offered improved outlook. Lululemon net declined 31% and the retailer plans to restructure kids'' clothing business. PPG withdraws its bid to acquire Netherland-based Akzo Nobel. VMware net soared 44%. Workday net loss narrowed.
- Sarla Buch
- 02 Jun, 2017
- New York City
Bosch plans to acquire Italy-based rival Albertini Cesare. Linde and Praxair agreed to a $70 billion merger deal. Sandvik agreed to sell its process-systems unit to Wallenberg family for $576 million. Wirtgen agreed to be acquired by Deere & Co for
- Mukesh Buch
- 01 Jun, 2017
- New York City
American Express reaffirmed fiscal earnings outlook. JBS agreed to pay $3.2 billion in fines to Brazilian regulators. Ciena soared. Donaldson lifted full-year outlook. Dollar General net declined. Tech Data net revenues soared 29%.
- Sarla Buch
- 01 Jun, 2017
- New York City
Barclays sold 34% stake worth
- Mukesh Buch
- 31 May, 2017
- New York City
Analog Devices lifted outlook. Daktronics net swung to profit. J. Jill surged after first-quarter result and update fiscal estimate. J. Jill soared in better than expected quarter and improved outlook. Michael Kors and Vera Bradley net swung to a loss.
- Sarla Buch
- 31 May, 2017
- New York City
Activist investor Cevian Capital acquired additional 5% stake in Ericsson worth $1 billion. IG Group forecasted annual revenues to increase 7%. Londonmetric acquires three urban logistics warehouses for
- Mukesh Buch
- 30 May, 2017
- New York City
American Woodmark net surged on 7%. Atwood Oceanics surged on a merger offer from the U.K.-focused Ensco plc. Smucker agreed to acquire the Wesson oil brand from Conagra Brands for $285 million. Multi-Color annual net doubled.
- Mukesh Buch
- 30 May, 2017
- New York City
Dutch court rejected a plea from the U.S. based activist investor and force Akzo to reconsider merger with the rival PPG. Horizon Discovery plunged. LSE agreed to acquire bond market analysis software business from Citigroup for
- Sarla Buch
- 29 May, 2017
- New York City
Hornbach revenues jumped 5%. Henderson lifted its stake in the U.S.-based Empire State Realty Trust. Italy based Sanpaolo intends to close branches as a part of its restructuring plan and reduce operating costs.
- Mukesh Buch
- 26 May, 2017
- New York City
Big Lots net surged 33% and lifted outlook. Brocade Communications net swung to a loss. Costco jumped to a new high on sustained earnings growth. Marvell net swung to profit. Ulta Beauty net and sales surged.
- Sarla Buch
- 26 May, 2017
- New York City
Brazil based meat processor JBS may be forced to sell some assets as the company faces severe penalties from the widening corruption scandal. Spirax-Sarco agreed to buy Chromalox for
- Mukesh Buch
- 25 May, 2017
- New York City
Market indexes rallied for the sixth day in a row. Abercrombie & Fitch net loss widened as sales plunge continues. Best Buy declined but lifted fiscal forecast. Burlington Stores net surged. Dollar Tree net plunged. Sears net swung to profit but comparable sales accelerated decline.
- Sarla Buch
- 25 May, 2017
- New York City
Aston Martin wholesale and retail sales surged and luxury cars maker lifted revenues forecast. Card Factory said sales jumped 6%. Daily Mail and General Trust lowered weak fiscal outlook. Helical revenues plunged. Paypoint net swung to profit.
- Mukesh Buch
- 24 May, 2017
- New York City
Advance Auto Parts missed estimates. Chico''s plunged 12% on weak sales and weaker forecast. Intuit revenues jumped as the accounting software developer ramps up payment gateway and mortgage brokerage business. Lowe''s revenues soared. Tiffany net jumped.
- Sarla Buch
- 24 May, 2017
- New York City
Dixons Carphone reported strong sales but lowered profit forecast. Glencore made an informal approach to Bunge. Ineos agreed to buy DONG Energy for