- Sarla Buch
- 18 Jul, 2018
- New York City
ASML profit surged on 24% jump in revenues. Electrolux profit tumbled after the appliance maker took a provision for unfavorable court ruling in France. EasyJet said revenues soared. Ericsson net loss widened. Novartis reported strong growth.
- Mukesh Buch
- 17 Jul, 2018
- New York City
Comerica net jumped after loan losses declined. Charles Schwab said new accounts openings jumped to a record high in 18 years. Goldman Sachs reported better-than-expected results. Netflix declined on weaker-than-expected subscriber growth. UnitedHealth net surged.
- Sarla Buch
- 17 Jul, 2018
- New York City
Groupe Casino organic revenues accelerate but negative currency effects dragged total sales down. Hella reported strong annual sales and profit. Telenor profit surged and telecom services provider reaffirmed fiscal outlook. Schibsted net tumbled 68%.
- Mukesh Buch
- 16 Jul, 2018
- New York City
Allied Universal agreed to acquire domestic rival U.S. Security Associates for $1 billion. Bank of America profit surged. Blackrock reported strong financial results. Black Box tumbled after net loss widened. JB Hunt Transport net plunged but revenues surged.
- Sarla Buch
- 16 Jul, 2018
- New York City
Deutsche Bank forecasted second-quarter revenues and profit above estimates. Dialog Semiconductor forecasted strong profit and revenues in June quarter. Dragerwerk said second-quarter net income declined. Orange agreed to acquire Sweden-based Basefarm Holding.
- Mukesh Buch
- 13 Jul, 2018
- New York City
Citigroup reported weaker-than-expected results. First Republic Bank net jumped on strong demand in business loans. JPMorgan reported record second-quarter profit. PNC Financial profit beat estimates. Wells Fargo net plunged on weak revenues.
- Sarla Buch
- 13 Jul, 2018
- New York City
Altran tumbled 28% after it identified a fraud at its recently acquired U.S. unit. Gjensidige blamed weaker profit on winter conditions. European Union approved Ryanair to increase its stake to 75% in Austrian rival Laudamotion. GAM Holding plummeted on profit warnings.
- Mukesh Buch
- 12 Jul, 2018
- New York City
Bank of the Ozarks reported strong quarterly earnings results. Commerce Bancshares net soared. Delta Air lowered fiscal 2018 earnings forecast on higher fuel cost. T. Rowe said assets under management increased to $1.04 trillion.
- Sarla Buch
- 12 Jul, 2018
- New York City
Aker Solutions profit surged and the oil services provider offered a positive outlook. DNB, the Norway based bank said net soared. Gerresheimer surged on better-than-expected results. Suedzucker declined after operating profit plunged 49%.
- Mukesh Buch
- 11 Jul, 2018
- New York City
AngioDynamics tumbled on weak revenues. AAR Corp net declined but reaffirmed fiscal outlook. Fastenal surged after stronger-than-expected results. MSC Industrial Direct net soared on. WD-40 Co reported strong third-quarter results.
- Sarla Buch
- 11 Jul, 2018
- New York City
Burberry reported disappointed sales in Asia Pacific and Americas. Barratt Developments forecasted pretax profit to jump after average selling price jumped 5%. Indivior tumbled after company suffered market share loss in the opioid treatment to the India based generic drug maker.
- Mukesh Buch
- 10 Jul, 2018
- New York City
PepsiCo net declined but the food and beverage maker reaffirmed fiscal 2018 forecast and highlighted strength in international markets. The Simply Good Foods net more than doubled.
- Sarla Buch
- 10 Jul, 2018
- New York City
Cambian received preliminary takeover approach from a rival. Nordex secured largest ever single contract in Brazil. Ocado net swung to a loss. TP ICAP tumbled on weak fiscal operating profit forecast.
- Mukesh Buch
- 09 Jul, 2018
- New York City
Canada Pension Plan and TCV agreed to acquire Sportradar for $2.4 billion. Helen of Troy net surged. Vista Outdoor agreed to sell its eyewear brands for $158 million.
- Sarla Buch
- 09 Jul, 2018
- New York City
Air France KLM reported higher passenger traffic growth in June. Elior Group increased its stake in its North America unit. Total SA acquired 73% stake in Direct Energie for