- Mukesh Buch
- 01 Aug, 2016
- New York City
BroadSoft net loss narrowed. CNA Financial net surged. Loews net swung to a loss. Tesla Motors agreed to acquire SolarCity for $2.6 billion. Uber agreed to sell its China unit in a $35 billion merger deal with Didi Chuxing. Verizon agreed to acquire Fleetmatics for $2.4 billion.
- Sarla Buch
- 01 Aug, 2016
- New York City
Air Liquide profit dropped 5% but revenues jumped 8%. Glaxo and Google owned Verily plans to invest
- Sarla Buch
- 29 Jul, 2016
- New York City
ArcelorMittal net surged but revenues plunged 13%. Barclays profit tumbled 31% on 9% drop in revenues. Diageo net declined 6%. Daimler plans to invest
- Mukesh Buch
- 29 Jul, 2016
- New York City
Alphabet net soared 43%. Amazon.com net and revenues surged. Chevron net swung to a loss and revenues plunged 24%. Exxon Mobil net tumbled 59% on 22% drop in revenues. Ford profit declined 9% but sales jumped. Merck profit soared 76%. United Parcel net rose 3%.
- Sarla Buch
- 28 Jul, 2016
- New York City
AstraZeneca net swung to a loss. BAE Systems net jumped 5%. Credit Suisse net swung to profit bur revenues plunged 27%. Lloyds Banking net more than doubled. Rolls-Royce net swung to a loss. Shell profit tumbled 80%. Volkswagen net plunged 57%.
- Mukesh Buch
- 28 Jul, 2016
- New York City
Baker Hughes net loss narrowed. ConocoPhillips net loss widened. Colgate-Palmolive net rose 5%. Dow Chemical net surged nearly tripled. Facebook profit and revenues soared. MasterCard net grew 7%. Oracle agreed to buy NetSuite for $9.3 billion. Thomson Reuters net surged 25%.
- Mukesh Buch
- 27 Jul, 2016
- New York City
Apple net tumbled 27% as iPhone sales declined 15% but managed to sell more cheaper version of the recently launched phone model. Coca-Cola net surged 11% lifted revenue forecast. Comcast profit dropped 5%. General Dynamics net rose 1%. Hilton net soared 48%. Northrop Grumman net fell 3%.
- Sarla Buch
- 27 Jul, 2016
- New York City
Airbus profit surged 16% and the aviation group booked fresh charges of
- Mukesh Buch
- 26 Jul, 2016
- New York City
3M net and revenues fell. Caterpillar net tumbled 31% on 16% decline in revenues. du Pont profit jumped 9%. Eli Lilly net surged 24%. Gilead Sciences net plunged 22%. Las Vegas Sands profit declined 30%. McDonald''s net rose 3%. Verizon profit slumped 81%.
- Mukesh Buch
- 25 Jul, 2016
- New York City
Apollo Global agreed to buy Outerwall. Carmike accepted the revised merger offer from AMC Theatres. Kimberly Clark net swung to profit. Roper net slumped 8% but revenues jumped 5%. Sprint net loss widens but reported record first-quarter subscriber growth.
- Sarla Buch
- 25 Jul, 2016
- New York City
Cranswick agreed to sell its Sandwich business to Greencore. Julius Baer said first-half revenues rose 1.2%. LVMH agreed to divest Donna Karan Intl unit. L''Oreal plans to buy U.S.-based IT Cosmetics. Ryanair profit jumped 4% as fares and unit costs decline.
- Sarla Buch
- 22 Jul, 2016
- New York City
European markets extended weekly gains. Big Yellow said revenues in the first-quarter surged 10%. CRH advanced on outlook. Skanska revenues plunged 8%. Vodafone said revenues in the first-quarter declined 4.5%.
- Mukesh Buch
- 22 Jul, 2016
- New York City
American Airlines tumbled 44%. GE net swung to profit on 15% surge in revenues. Honeywell lowered revenues forecast. Moody''s net fell 2%. Whirlpool net surged 81% on flat revenues. Verizon is said to offer a higher bid beating rivals to acquire core internet business of Yahoo.
- Sarla Buch
- 21 Jul, 2016
- New York City
ABB net plunged 31%. Lufthansa revenues fell 3% and the airline lowered fiscal outlook. Daimler profit and revenues jumped 3%. easyJet revenues slumped 3%. Unilever sales increased 5%. MasterCard agreed to acquire rival VocaLink.