- Sarla Buch
- 16 Jan, 2018
- New York City
BP recorded additional $1.7 billion charges linked to Deepwater Horizon disaster. Ericsson wrote down 14.2 billion kronor. Greggs issued cautious fiscal outlook. Hugo Boss quarterly sales benefited from the strength in the U.S. IHS Markit beats fourth-quarter estimates.
- Sarla Buch
- 15 Jan, 2018
- New York City
Airbus may be forced to abandon, once heralded as showpiece, A380 superjumbo passenger aircraft production. U.K. based Carillion files for liquidation. Metso warned of weak fourth-quarter profit. Renault said annual vehicle sales jumped 4%. William Hill beats profit estimates.
- 123jump.com Staff
- 15 Jan, 2018
- New York City
Airbus may be forced to abandon, once heralded as showpiece, A380 superjumbo passenger aircraft production. U.K. based Carillion files for liquidation. Metso warned of weak fourth-quarter profit. Renault said annual vehicle sales jumped 4%. William Hill beats profit estimates.
- Mukesh Buch
- 12 Jan, 2018
- New York City
BlackRock profit surges ahead as asset base expands. JPMorgan takes $2.4 billion tax bill related one-time charges. PNC Financial beats earnings estimate. Shaw Communications net soared 28%. Wells Fargo takes $3.25 billion litigation related charges.
- Sarla Buch
- 12 Jan, 2018
- New York City
B&M reported strong sales in holiday period. Carrefour agreed to buy 17% stake in Showroomprive.com. GKN rejected
- Mukesh Buch
- 11 Jan, 2018
- New York City
Delta Air Lines reported better-than-expected profit. JetBlue December traffic and capacity increased. KB Home profit and revenues surged. Meredith extended tender offer to buy Time Inc for $18.50 per share. Progress Software surged after net swung to profit.
- Sarla Buch
- 11 Jan, 2018
- New York City
AO World domestic revenues jumped. Boohoo reported record revenue increase during holiday period. HELLA profit jumped on strong segment sales growth. Pandora tumbled on gloomy outlook. Richemont missed expectations as sales rose slightly.
- Mukesh Buch
- 10 Jan, 2018
- New York City
CalAtlantic said new homes delivered in the last quarter jumped 5%. Lennar misses profit estimate. MSC Industrial offered upbeat earnings and sales outlook. Supervalu tumbled despite net swung to profit. SYNNEX plunged. VOXX International net surged.
- Sarla Buch
- 10 Jan, 2018
- New York City
Big Yellow Group revenues jumped 7%. CropEnergies reaffirmed fiscal 2018 revenue forecast. Continental estimated offered cautious outlook for 2018 sales. PageGroup beats profit estimates. Sainsbury lifted profit estimate after holiday sales.
- Mukesh Buch
- 09 Jan, 2018
- New York City
Acuity Brands tumbled after net income and sales declined. Barracuda profit surged on strong subscription revenues. Schulman revenues surged. Schnitzer Steel net swung to profit as revenues jumped. Target lifted fiscal earnings and same store sales forecast.
- Sarla Buch
- 09 Jan, 2018
- New York City
Altice plans to spin-off its U.S. business as the cable operator struggles with heavy debt load. Continental AG is said to explore restructuring. Games Workshop net more than doubled on strong sales growth. Safestore net declined. Morrison offered upbeat estimate on holiday sales.
- Mukesh Buch
- 08 Jan, 2018
- New York City
Celgene agreed to acquire privately-held Impact Biomedicines for $1.1 billion. GoPro said it will exit from drone business after weak sales and demand. Helen of Troy net swung to a loss. Haverty Furniture sales declined. Kohl''s said holiday sales jumped 6.9%.
- Sarla Buch
- 08 Jan, 2018
- New York City
AO World net swung to a loss and revenues soared 13%. Dialog Semiconductor sales were ahead of the latest forecast. Micro Focus International tumbled after reaffirming fiscal 2018 revenues to decline. Trigano profit and revenues soared.
- Mukesh Buch
- 05 Jan, 2018
- New York City
Constellation Brands sales missed estimates. Cal-Maine Foods net loss widened. Franklin Covey reaffirmed fiscal 2018 forecast. Greenbrier net jumped 5%. Lamb Weston beats profit forecasts. Shiloh tumbled after net swung to a loss.
- Sarla Buch
- 05 Jan, 2018
- New York City
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