- Mukesh Buch
- 06 Jul, 2018
- New York City
Bristol-Myers hired is reportedly looking to sell its France-based over-the-counter drugs business. Pricesmart profit fell. Silicon Motion Technology declined on weak second-quarter forecast. Sonos plans to raise $100 million in an initial public offering.
- Sarla Buch
- 06 Jul, 2018
- New York City
Assa Abloy booked $700 million impairment charges related to China operations. Altice is in talk with China-based Huawei for the development 5G networks in Netherland. HELLA is selling its Demark and Poland-based businesses. Inmarsat rejected second improved takeover bid.
- Mukesh Buch
- 05 Jul, 2018
- New York City
The Boeing will acquire a controlling stake in Brazil-based Embraer for $4.8 billion. International Speedway net surged. PayPal completed the sale of its consumer credit receivables business to Synchrony for $6.9 billion. Zebra agreed to acquire Xplore.
- Sarla Buch
- 05 Jul, 2018
- New York City
Bellon family increased its stake in Sodexo. Generali agreed to sell 89.9% stake in its Germany-based life insurance unit for
- Sarla Buch
- 04 Jul, 2018
- New York City
Gresham Technologies tumbled after revenues declined. Eurofins Scientific closed the acquisition of France-based rival LBO. Sainsbury jumped after strong first-quarter revenues growth and the retailer finalized the
- Mukesh Buch
- 03 Jul, 2018
- New York City
Acuity Brands sales jumped on strong demand. AZZ soared on higher earnings and the electrical equipment maker reaffirmed fiscal 2019 outlook. Delta Air Lines traffic in June increased. Herman Miller profit declined but revenues jumped.
- Sarla Buch
- 03 Jul, 2018
- New York City
BE Semiconductor trimmed its sequential revenues growth forecast. Carl Zeiss Meditec jumped after the technology company lifted fiscal 2018 revenues forecast. Grenke lifted fiscal outlook. Societe Generale agreed to buy equity markets and commodities business of Commerzbank.
- Mukesh Buch
- 02 Jul, 2018
- New York City
The Archer Daniels agreed to acquire France-based Neovia for $1.75 billion. Acxiom plans to sell its marketing solutions business to Interpublic Group for $2.2 billion. Dell Technologies offered to acquire VMware.
- Sarla Buch
- 02 Jul, 2018
- New York City
Carrefour and Tesco plans to form a global sourcing partnership. Meggitt lifted revenue outlook. Recordati tumbled after it agreed to be acquired by a consortium. Vedanta plan to delist from the London Stock Exchange.
- Mukesh Buch
- 29 Jun, 2018
- New York City
Constellation Brands lowered fiscal 2019 outlook. Greenbrier reaffirmed fiscal outlook. KB Home reported strong second-quarter results. NIKE reported strong double-digit revenue growth in international markets. SYNNEX net surged.
- Sarla Buch
- 29 Jun, 2018
- New York City
Accor plans to acquire 50% stake in the U.S.-based SBE Entertainment for $319 million. Novartis will spin-off its Alcon eye-care business and plans to buy back $5 billion of its shares. Stagecoach net surged. Serco lowered fiscal 2018 revenues outlook.
- Mukesh Buch
- 28 Jun, 2018
- New York City
Accenture beats third-quarter earnings estimates. Bed Bath & Beyond net plunged. Lindsay net declined but revenues surged 12%.Walgreens profit jumped but stock tumbled after Amazon announced to acquire an online drug retail.
- Sarla Buch
- 28 Jun, 2018
- New York City
Hennes & Mauritz reported weaker-than-expected quarterly earnings. John Wood declined on weak outlook. OSRAM Licht tumbled after the company lowered revenues and profit forecast. Sanofi agreed to sell its European generics business Zentiva for about
- Mukesh Buch
- 27 Jun, 2018
- New York City
Conagra net plunged and agreed to buy Pinnacle Foods for $10.9 billion. General Mills net declined on weak sales. GE plans to spin off its healthcare business to Baker Hughes. Paychex net surged. Sonic beats third-quarter earnings estimates. UniFirst Net Jumped.
- Sarla Buch
- 27 Jun, 2018
- New York City
Bunzl forecasted revenue in the first-half to surge 11%. The European antitrust opened investigation into BASF and Solvay deal. Costa Coffee total sales surged 5.2% but comparable sales dropped 2%. Xaar tumbled on weak outlook.