- Sarla Buch
- 30 Nov, 2017
- New York City
Capital Stage said net earnings and revenues jumped. Grainger profit tumbled but revenues soared 20%. Paypoint first-half net fell. MBB said operating profit soared. Rocket Internet net loss narrowed after three of its start-ups reported strong results. Soitec net jumped.
- Mukesh Buch
- 29 Nov, 2017
- New York City
Atkore International fourth-quarter results beats estimate. Marvell Technology forecast strong revenues in quarter ahead. Nuance Communications surged on new booking forecast. Photronics net jumped 35%. Tiffany & Co revenues jumped.
- Sarla Buch
- 29 Nov, 2017
- New York City
Britivic soared on less-than-expected decline in profit. Brewin Dolphin lifted dividend after profit surged. BBVA agreed to sell 80% of its real-estate business for
- Mukesh Buch
- 28 Nov, 2017
- New York City
Emerson Electric withdraws $29 billion offer to buy Rockwell Automation. Momo profit and revenues surged. Roark Capital agreed to buy Buffalo Wild Wings for $2.4 billion. Thor Industries beats earnings and revenues estimates. Tech Data beats third-quarter results.
- Sarla Buch
- 28 Nov, 2017
- New York City
Cranswick reported strong sales growth in the first-half. Casino agreed to use e-commerce platform of the U.K.-based Ocado. Ericsson estimated 5G Subscriptions to reach 1 billion by 2023. Shaftesbury profit surged on revaluation of investment properties.
- Mukesh Buch
- 27 Nov, 2017
- New York City
Barracuda Networks agreed to be acquired by the privately held Thoma Bravo for $1.6 billion. KKR & Co revised its bid price for Japan-based Hitachi Kokusai Electric. Meredith agreed to acquire Time Inc for $2.8 billion. PNC Financial agreed to acquire The Trout Group.
- Mukesh Buch
- 24 Nov, 2017
- New York City
DISH Network and CBS Corp signed a multi-year carriage agreement. Nektar experimental pneumonia treatment with Bayer did not meet primary goal in a phase III study. Carl Icahn bought 13.51% stake in SandRidge Energy.
- Sarla Buch
- 24 Nov, 2017
- New York City
Laurent Perrier profit declined sales edged lower. Mitchells & Butlers profit tumbled as food and beverage costs rose. Philips acquired the U.S.-based startup Analytical Informatics. Paddy Power Betfair is in talks with Australia-based Crown Resorts.
- Sarla Buch
- 23 Nov, 2017
- New York City
Altice is said to step up non-core asset sale as it struggles under mountain of debt. Centrica issue profit warning as customer loss continues. Remy Cointreau net surged. Thyssenkrupp quarterly results swung to a loss.
- Mukesh Buch
- 22 Nov, 2017
- New York City
Copart net declined but revenues jumped. Deere rebound on strong results. Guess declines after net swung to a loss. HP results disappointed. HP Enterprise fell after results failed to impress investors. Rockwell rejected unsolicited proposal. Salesforce net swung to profit.
- Sarla Buch
- 22 Nov, 2017
- New York City
Aggreko said revenues surged in North America unit but warned on Argentina and Africa business. The Biffa net swung to profit and declared a maiden interim dividend. Sage annual profit soared 44%. Thomas Cook benefited from strong demand in Northern Europe.
- Mukesh Buch
- 21 Nov, 2017
- New York City
Analog Devices beat earnings results. Burlington Stores fourth quarter outlook disappointed Wall Street. Campbell Soup lowered profit forecast. Chico''s net tumbled. Dollar Tree profit beats estimates on higher traffic. Lowe
- Sarla Buch
- 21 Nov, 2017
- New York City
Big Yellow said occupancy increased at its self-serve storage facilities. EasyJet jumped after the reported lesser-than-expected decline in profit. Enel laid out a robust capex plan and said dividend payout ratio will increase to 70%. HomeServe net declined. Uniper rejects Fortum billion bid.
- Mukesh Buch
- 20 Nov, 2017
- New York City
Acorda Therapeutics dropped Parkinson''s drug trials after death of patients. Dycom Industries profit tumbled 44%. Marvell Technology agreed to acquire smaller rival Cavium for $6 billion. Uber Technologies intends to purchase 24,000 self-driving taxis from Volvo.