- Mukesh Buch
- 25 Apr, 2017
- New York City
3M lifted earnings outlook. Caterpillar beats earnings expectations and raises outlook. Coca-Cola net slumped on bottling refranchising costs. Lockheed Martin net plunged but expects more international orders. McDonald''s shows stronger performance on all-day breakfast.
- Sarla Buch
- 25 Apr, 2017
- New York City
ams AG, the maker of sensors said net swung to a loss. Troubled Ericsson reported higher than expected losses as the telecom maker struggles with double digit sales decline. LVMH offered
- Mukesh Buch
- 24 Apr, 2017
- New York City
C R Bard agreed to be acquired by Becton Dickinson for $24 billion. Chevron agreed to sell its three Bangladesh gas fields. Halliburton net swung to a loss despite revenue in North America jumped 24%. Hasbro profit soared 41%. Kimberly Clark net rose.
- Sarla Buch
- 24 Apr, 2017
- New York City
Akzo Nobel agreed to consider the revised higher offer of
- Mukesh Buch
- 21 Apr, 2017
- New York City
GE net swung to profit. Honeywell lifted fiscal outlook. Interpublic said net in the first-quarter soared four-fold. Mattel net loss widened. Rockwell Collins lifted full-year sales forecast. Stanley Black profit doubled. Schlumberger net swung to profit.
- Sarla Buch
- 21 Apr, 2017
- New York City
Adesso reaffirmed fiscal 2017 outlook. WS Atkins agreed to be acquired by Canada-based rival SNC-Lavalin for
- Mukesh Buch
- 20 Apr, 2017
- New York City
American Express net declined 13%. BNY Mellon net jumped 10%. BB&T net tumbled 28%. Danaher net plunged 33% but reaffirmed earnings forecast. eBay fell on weak outlook. Philip Morris net slumped. Qualcomm net and revenues plunged. Travelers net declined. Verizon net tumbled.
- Sarla Buch
- 20 Apr, 2017
- New York City
ABB profit surged but order backlog declined. The U.K. sells Green Investment Bank for
- Mukesh Buch
- 19 Apr, 2017
- New York City
Abbott net surged. BlackRock profit jumped 31% on index funds business. IBM net declined 10% on 3% drop in revenues on weak hardware demand. Lithia Motors net surged. Morgan Stanley net soared. U.S. Bancorp net jumped 4%. Yahoo net swung to profit.
- Sarla Buch
- 19 Apr, 2017
- New York City
AB Food profit surged 81%. Burberry plunged after the luxury retailer lowered profit forecast. Henderson said net asset outflows in the quarter were
- Mukesh Buch
- 18 Apr, 2017
- New York City
Boeing plans to lay off hundreds of engineers. Bank of America net surged 47%. Charles Schwab net soared 37% on 18% increase in revenues. Goldman Sachs net jumped 83%. J&J lifted sales forecast. Netflix net and revenues soared. Grainger lowered forecast.
- Sarla Buch
- 18 Apr, 2017
- New York City
Daily Mail and General Trust agreed to sell its viral video sharing service. Hennes & Mauritz said sales in March jumped 6% on late Easter. Medtronic agreed to divest its monitoring and recovery products business for $6.1 billion. Weetabix agreed to be acquired by Post Holdings.
- Mukesh Buch
- 17 Apr, 2017
- New York City
HCA Holdings slumped after weak earnings forecast. J B Hunt net rose 3% but revenues jumped 7%. M&T Bank net soared 17%. Moneygram board accepted revised higher cash offer of $18 a share from China-based Ant Financial. PacWest Bancorp net plunged 13%.
- Mukesh Buch
- 13 Apr, 2017
- New York City
Citigroup net soared 17% on higher trading revenues. Commerce Bancshares net jumped 10%. PNC Financial net surged 13%. JPMorgan profit soared 17% on strong trading revenue, loan margin and bond trading. Wells Fargo profits hurt on higher costs and weaker mortgage revenue.
- Sarla Buch
- 13 Apr, 2017
- New York City
Carrefour said revenues jumped after sales in Brazil soared. SinnerSchrader profit surged 58%. Sodexo lifted revenues forecast. Sainsbury restructure 60 Argos and 10 Habitat stores. Svenska Cellulosa received an offer of $22 billion from a consortium of private equity funds.