- Mukesh Buch
- 12 Apr, 2017
- New York City
BlackBerry surged after it won an arbitration ruling of $815 million in a royalty dispute with Qualcomm. ClubCorp net loss narrowed. Cardinal Financial net fell. Delta Air profit declined. Fastenal net and revenues jumped on higher unit sales. Healthcare Services net soared. Shaw net plunged.
- Sarla Buch
- 12 Apr, 2017
- New York City
BAT agreed to acquire some brands of Bulgaria-based rival Bulgartabac for
- Mukesh Buch
- 11 Apr, 2017
- New York City
Argan revenues surged and ended the year with strong balance sheet. Bank of the Ozarks net soared 73% on 70% increase in revenues. Loews plans to acquire Consolidated Container for $1.2 billion. United Continental said traffic in March rose 3%.
- Sarla Buch
- 11 Apr, 2017
- New York City
Givaudan said sales in the first-quarter soared 8% on improved sales in fragrances and flavors divisions. JD Sports net surged 83% on 31% jump in revenues and athletic retailer lifted full-year profit forecast. LVMH said revenues in the first-quarter surged 15%.
- Mukesh Buch
- 10 Apr, 2017
- New York City
AT&T agreed to buy Straight Path for $1.6 billion. Aspen and KSL Capital intend to buy Intrawest Resorts for $1.5 billion. Swift Transportation and Knight Transportation agreed to merge. Toyota said it plans to invest $1.3 billion and expand production at Kentucky plant.
- Sarla Buch
- 10 Apr, 2017
- New York City
BrewDog, the craft brewery, was valued
- Mukesh Buch
- 07 Apr, 2017
- New York City
Griffin Industrial Realty said net loss in the first-quarter widened. Haverty Furniture sales advanced 3%. Intec Pharma net loss widened. PriceSmart profit jumped and retailer said sales in March rose 5.3%. Co-founder of Twitter plans to sell his stake of 30%. WD-40 net declined 10%.
- Sarla Buch
- 07 Apr, 2017
- New York City
BillerudKorsnas estimate weak operating profit. Galenica Sante surged 9% and raised 1.9 billion francs in initial public offering. Lloyds Banking said it had set aside
- Mukesh Buch
- 06 Apr, 2017
- New York City
Jeff Bezos said the sale of $1 billion Amazon stock every year is financing his space venture. Constellation Brands net surged 86%. CarMax net surged. Fred''''s net loss widened. Hooker Furniture net surged. Lamb Weston net plunged 22%. MSC Direct net jumped 8%. RPM Intl net tumbled.
- Sarla Buch
- 06 Apr, 2017
- New York City
BTG reaffirmed upper end of revenue forecast. Co-op Group net swung to a loss and wrote down stake in bank. Electrocomponents profit jumped on 5% increase in revenues. Henkel forecasted improving outlook. Unilever said it merges two food business units to improve margins and cut costs.
- Mukesh Buch
- 05 Apr, 2017
- New York City
Schulman net swung to profit. Greenbrier revenues plunged 15%. Monsanto profit and revenues surged. Panera Bread agreed to be acquired by JAB Holding for $7.5 billion. Staples is looking for a buyer. Walgreens net jumped 14%.
- Sarla Buch
- 05 Apr, 2017
- New York City
Allied Minds to book write-down and cuts the funding for seven subsidiaries. Galliford Try rejected
- Mukesh Buch
- 04 Apr, 2017
- New York City
Acuity Brands tumbled on weak second-quarter result. Conn`s surged on improved forecast. Boeing signed a deal to sell 30 737 Max single-aisle planes to an Iranian airline. CIT completed the sale of 30% stake in two aviation business. Hewlett Packard Entp lowered earnings forecast.
- Sarla Buch
- 04 Apr, 2017
- New York City
The fast growing UK. Based online retailer ASOS lifted sales forecast. ABB agreed to acquire automation company Bernecker & Rainer. BNP Paribas agreed to buy domestic online payment services provider. Elior agreed to acquire Lancer Hospitality. Toshiba plans to buy 40% stake in Engie.
- Mukesh Buch
- 03 Apr, 2017
- New York City
Apple terminated its contract with the U.K.-based video chip supplier Imagination Technologies. Fiat Chrysler U.S. auto sales in March dropped 5%, Ford sales plummeted 7.2% but General Motors sales increased 1.6%. Tesla first-quarter sales surged 69%.