- Sarla Buch
- 03 Oct, 2017
- New York City
Electrocomponents lifted annual profit estimate. Greggs, the bakery chain said third-quarter sales jumped 9%. Ferguson declared share buyback of
- Mukesh Buch
- 02 Oct, 2017
- New York City
Cal-Maine Foods net loss narrowed after sales soared 10%. Metro agreed to buy the Jean Coutu Group for C$4.5 billion. TerraForm Power net swung to profit but revenues declined.
- Sarla Buch
- 02 Oct, 2017
- New York City
France based BIC plunged 10%. Kaufman & Broad SA said revenues surged. Peugeot auto sales in September surged 16%. Suez agreed to acquire GE Water & Process Technologies. Singapore based GLP agreed to acquire Gazeley assets in Europe.
- Mukesh Buch
- 29 Sep, 2017
- New York City
CalAmp beats profit and revenues estimate. Frontera Resources net loss widened on 25% decline in revenues. Honeywell announced dividend increase of 12% and is not looking to spin off aerospace. KB Home revenues surged. Roku gained 68% on the first day of trading.
- Sarla Buch
- 29 Sep, 2017
- New York City
Aviva sell its stake in Italy-based subsidiary Avipop Assicurazioni to Banco BPM. Bayer reduced its stake in Covestro. Carillion tumbled after it lowered its fiscal revenue forecast. Volkswagen booked
- Mukesh Buch
- 28 Sep, 2017
- New York City
Accenture net declined but digital and cloud services revenues surged. BlackBerry net swung to profit on record software sales. Conagra reported strong result but net tumbled. McCormick net plunged 15%. Vail Resorts net loss narrowed. Rite Aid net surged.
- Sarla Buch
- 28 Sep, 2017
- New York City
Borussia Dortmund net tumbled 72%. H & M profit dropped on summer discount and the retailer missed sales estimate. Imperial Brands estimated strong growth in revenues and profit in the year. TUI reaffirmed fiscal 2017 outlook. SSP said revenues in the fourth-quarter soared 15%.
- Mukesh Buch
- 27 Sep, 2017
- New York City
Actuant net swung to a loss on flat revenues. Cintas lifted fiscal outlook. Landec net and revenues declined. Micron Technology net swung to profit on higher sales and memory prices. Nike net plunged 24% on flat revenues. Worthington Ind net plunged 20%.
- Sarla Buch
- 27 Sep, 2017
- New York City
Boohoo.Com profit surged but the increase failed to meet analysts
- Mukesh Buch
- 26 Sep, 2017
- New York City
Alibaba plans to increase its stake in Cainiao and expand its global logistic network. Ascena Retail net swung to a loss and lowered fiscal outlook. Darden reaffirmed fiscal forecast. FactSet net tumbled but revenues surged. Red Hat net soared. SYNNEX net jumped.
- Sarla Buch
- 26 Sep, 2017
- New York City
AA profit surged 46% but lowered fiscal profit forecast. A.G. Barr net slumped 6% but revenues jumped 9%. Close Brothers declined on weak profit. Carnival net declined and lowered earnings outlook. Nestle reveals profit target and accelerate $20.65 billion in share buybacks.
- Mukesh Buch
- 25 Sep, 2017
- New York City
D. R. Horton lowered its fiscal 2017 cash flow estimate. Genuine Parts agreed to acquire the U.K.-based Alliance Automotive for $2 billion. GE agreed to sell its industrial solutions unit to ABB for $2.6 billion. KKR raised its offer for Pepper Group.
- Sarla Buch
- 25 Sep, 2017
- New York City
ABB agreed to buy GE solutions unit for $2.6 billion. Aldi reported record sales and continues to open new stores. Imagination Technologies agreed to be acquired for
- Mukesh Buch
- 22 Sep, 2017
- New York City
CarMax beats earnings and revenues estimate on higher vehicle unit sales. The Finish Line soared despite profit and revenues declined. Presidio security and cloud business soared but net swung to a loss. Time Inc plans to sell some assets including Time UK.
- Sarla Buch
- 22 Sep, 2017
- New York City
Airbus unveiled new finishing center in Tianjin, China. Air Berlin is in advanced talks with Lufthansa and Easyjet. Rio Tinto increased its share repurchase program by $2.5 billion to $4 billion. Smiths Group beats profit estimate. Saga raised interim dividend.