- Mukesh Buch
- 25 Jan, 2018
- New York City
3M lifted fiscal 2018 outlook. Biogen robust fiscal 2018 estimate on record revenues. Caterpillar beats profit estimates after sales surged 35%. Celgene profit soared on strong Revlimid sales. Ford annual profit surged. Northrop Grumman profit tumbled 66%.
- Sarla Buch
- 25 Jan, 2018
- New York City
Asos beats revenues forecasts. Elior Group revenues in the first-quarter jumped 6%. Fiat Chrysler profit nearly doubled on higher margins. Getlink reported strong fiscal 2017 revenues on record passenger count. Sky net surged on strong customer growth.
- Mukesh Buch
- 24 Jan, 2018
- New York City
Abbott reported strong medical device business. Comcast beats earnings estimates. GE agreed to restate its 2016 and 2017 financial results. United Tech profit turns lower on tax reform. Illinois Tool Works lifted fiscal 2018 guidance.
- Sarla Buch
- 24 Jan, 2018
- New York City
J D Wetherspoon reported better-than-expected first-half sales. Novartis profit more than doubled. The Sage Group revenue growth disappointed analysts. Suez warned of profit weakness. Secunet Security Networks revenues soared.
- Mukesh Buch
- 23 Jan, 2018
- New York City
Adobe Systems lifted fiscal outlook. J&J said net swung to a loss on tax provision charges. Kimberly Clark beats profit estimates. Netflix revenues surged. P&G net tumbled 68%. Verizon net soared.
- Sarla Buch
- 23 Jan, 2018
- New York City
easyJet offered upbeat revenue and passenger growth estimate. Logitech lifted fiscal outlook on strong sales. SSP Group first quarter revenue jumped 13.5%. UK regulator said Fox takeover of Sky is not in public interest.
- Mukesh Buch
- 22 Jan, 2018
- New York City
AIG agreed to acquire Validus for $5.56 billion. Celgene agreed to buy smaller rival Juno Therapeutics for $9 billion. Halliburton beats on fourth-quarter profit. Ingersoll-Rand acquired the U.K.-based ICS Group.
- Sarla Buch
- 22 Jan, 2018
- New York City
Dixons Carphone sales jumped after strong performance in Norway and Greece. Richemont offered
- Mukesh Buch
- 19 Jan, 2018
- New York City
American Express beats earnings estimates but reported quarterly loss on the account of one-time tax reform related charges. IBM fell on weak profit outlook. SunTrust Banks profit jumped 58%. Schlumberger net loss narrowed.
- Sarla Buch
- 19 Jan, 2018
- New York City
BASF annual sales and profit surged. Ceconomy forecasted profit to decline despite higher sales. Remy Cointreau reported third-quarter sales above the estimates. Dignity tumbled on profit warning after lower funeral prices. Software estimated lower profit.
- Mukesh Buch
- 18 Jan, 2018
- New York City
Alcoa net loss widened but revenues soared 28%. BNY Mellon profit surged 38%. BB&T beats estimates. J B Hunt net and revenues jumped. Morgan Stanley said trading revenues declines but wealth management fees rise.
- Sarla Buch
- 18 Jan, 2018
- New York City
Airbus secured order for 36 additional A380 jumbo jets from Emirates. AB Foods reported rising holiday sales at its low-cost fashion retail chain Primark. Countrywide declined after profit warning. Informa and UBM, the two largest event organizers are in merger talk.
- Mukesh Buch
- 17 Jan, 2018
- New York City
Bank of America profit declined 50% on one-time charges linked to latest tax reforms and missed revenue expectations. Charles Schwab revenues soared. CSX reported better-than-expected results. Goldman Sachs bond trading plunges 50%. US Bancorp profit jumped.
- Sarla Buch
- 17 Jan, 2018
- New York City
ASML beats earnings estimate and forecasted strong growth ahead. Alstom sales and orders jumped. Grupo Carrefour Brasil reported rising sales on strong holiday and e-commerce sales. Zalando forecasted strong growth in revenues and operating profit.
- Mukesh Buch
- 16 Jan, 2018
- New York City
Avis Budget declined on weak revenue forecast. Citigroup reported loss of $18.3 billion on one-time charges linked to federal tax overhaul. Comerica net plunged 31%. First Republic missed revenues estimates. UnitedHealth profit more than doubled after one-time tax benefit.