- Mukesh Buch
- 12 Oct, 2017
- New York City
Citigroup profit jumped 8% but trading revenues plunged. Commerce Bancshares net soared. Domino''s Pizza beats profit and sales estimates but stock declined. JPMorgan beats estimate after trading revenue declined 27%. Lindsay net plunged 19%.
- Sarla Buch
- 12 Oct, 2017
- New York City
Accor agreed to acquire Australia-based rival Mantra for
- Mukesh Buch
- 11 Oct, 2017
- New York City
BlackRock revenues gained as assets surged closed to
$6 trillion. Barracuda net plummeted but revenues increased. Delta Air Lines estimated higher earnings despite Hurricane Irma related charges. Fastenal margins disappointed analysts. JetBlue September traffic fell 4.4%.
- Sarla Buch
- 11 Oct, 2017
- New York City
Christian Dior reported strong segment revenues. Dunelm said online sales soared but margins dropped. Gerresheimer profit plunged but margin jumped. Hargreaves Lansdown reported growth in assets and clients. Packaging groups Mondi said net loss narrowed.
- Mukesh Buch
- 10 Oct, 2017
- New York City
AIG estimated catastrophe losses of $3 billion. Express Scripts agreed to acquire EviCore Healthcare for $3.6 billion. Pfizer may spin off consumer healthcare business. Wal-Mart jumped on fiscal 2019 forecast and plans for stock buyback of up to $20 billion.
- Sarla Buch
- 10 Oct, 2017
- New York City
BAE Systems said it plans to reduce more than estimated 1,900 Jobs. Domino''s Pizza surged on strong third-quarter sales. Easyhotel revenues surged 39%. Givaudan revenues jumped 4%. LVMH beats estimate. Nisa agreed to be acquired by Co-op Group.
- Mukesh Buch
- 09 Oct, 2017
- New York City
GM agreed to buy Strobe the user of LIDAR technology. Honeywell plans to spin off its non-core assets in to two separate companies. Radial agreed to be acquired by Belgium government-owned Bpost. Skyline profit more than doubled but revenues declined.
- Sarla Buch
- 09 Oct, 2017
- New York City
Accor offered to acquire Australia-based rival Mantra. Air Berlin may be forced to ground all flights by October if its current negotiation with EasyJet fails. Bpost agreed to buy the U.S.-based Radial for $820 million. Millennium & Copthorne Hotels received bid of
- Mukesh Buch
- 06 Oct, 2017
- New York City
Costco launches delivery services battling Wal-Mart and Amazon. Eros International revenues tumbled. Helen of Troy tumbled after net declined 69%. Omega Protein agreed to be acquired by Canada-based Cooke. Rocky Mountain net fell. Village Super Market net plunged.
- Sarla Buch
- 06 Oct, 2017
- New York City
Amadeus and Air Canada sign technology agreement. CRH agreed to acquire the U.S. based Ash Grove Cement for $3.8 billion. EasyJet forecasted upbeat profit on record summer passengers. Glencore agreed to buy Chevron units in South Africa and Botswana for $973 million.
- Mukesh Buch
- 05 Oct, 2017
- New York City
The Buckle September comparable sale slumped 5.7%. Constellation Brands net surged and lifted fiscal outlook. International Speedway net declined. L Brands September comparable sale fell 2%. Lamb Weston net jumped. Zumiez September comparable sale soared 9.3%.
- Sarla Buch
- 05 Oct, 2017
- New York City
Accor agreed to acquire 50% stake in the Orient Express. DFS Furniture net plummeted. Deutz acquired Italy-based dealer IML Motori. EasyJet passenger traffic in September jumped 11%. Siemens completed the sale of 17% stake in Osram Licht for
- Mukesh Buch
- 04 Oct, 2017
- New York City
Acuity Brands issued cautious outlook on demand. IDT Corp net swung to a loss. Monsanto net swung to profit on higher demand for corn and soybean. PepsiCo profit was ahead of estimates on strong sales in Frito-Lay snacks. RPM International revenues jumped.
- Sarla Buch
- 04 Oct, 2017
- New York City
BMW September sales in the U.S. edged lower but electric vehicles sales soared. Royal Dutch Shell agreed to cancel $900 million stake sale in a Thai gas field. Tesco plans to resume dividend after three years. Worldline revised revenue forecast up to 2019 and agreed to buy India-based MRL PosNet.
- Mukesh Buch
- 03 Oct, 2017
- New York City
Fiat Chrysler September sales declined 10%, Ford sales jumped 8.7% and GM sales soared 12%. Intuit reaffirmed fiscal 2018 outlook. Lennar net and sales soared. Paychex lifted fiscal outlook. Park Electrochemical net tumbled.