- Mukesh Buch
- 21 Aug, 2017
- New York City
B&G Foods agreed to acquire Back to Nature Foods for $162.5 million. Herbalife launched self-tender offer to buy back up to $600 million of shares and negotiated standstill agreement with Icahn. Sempra Energy offers more for Oncor surpassing Berkshire bid.
- Sarla Buch
- 21 Aug, 2017
- New York City
Fiat Chrysler denied that China based Great Wall approached the company to acquire Jeep division. Headlam Group profit soared. Total S.A. agreed to acquire Maersk Oil & Gas for
- Mukesh Buch
- 18 Aug, 2017
- New York City
Deere & Co net soared 31% on strong demand. Estee Lauder net more than doubled and lifted fiscal outlook. Foot Locker tumbled after profit declined 60%. Gap net soared 117%. Hibbett Sports comparable sales plunged 12% and lowered fiscal outlook. Ross Stores net surged 12%.
- Sarla Buch
- 18 Aug, 2017
- New York City
AstraZeneca ovarian cancer drug won approval of the U.S. Geberit profit declined. GN Store Nord net plunged 21% but reaffirmed fiscal 2017 forecast. Heineken won a clearance to acquire Punch Taverns. NN Group profit surged 12%. Vopak lowered operating profit forecast.
- Mukesh Buch
- 17 Aug, 2017
- New York City
Buckle net plunged 26%. Alibaba profit and revenues soared. Bon-Ton net loss narrowed. The Cato net swung to a loss on 13% decline in revenues. Cisco net declined 14%. Madison Square net loss widened. Stage Stores surged after lifted fiscal outlook. Wal-Mart net tumbled 23%.
- Sarla Buch
- 17 Aug, 2017
- New York City
ADO Properties profit surged and reaffirmed fiscal outlook. Coloplast segment revenues jumped. Diebold Nixdorf net tumbled 31% on 6% decline in revenues. Hikma Pharma net and revenues soared. Kingfisher domestic sales dropped. Wirecard net declined but revenues surged.
- Mukesh Buch
- 16 Aug, 2017
- New York City
Agilent Technologies net surged 41%. Jack Henry & Associates net tumbled. MSG Networks beats expectations. Performance Food net soared 38%. Target lifted profit guidance. Urban Outfitters surged on sales and earnings beat.
- Sarla Buch
- 16 Aug, 2017
- New York City
Admiral net hurt by lowered rates on personal injury policies. Balfour Beatty net swung to profit on the rebound in U.K. construction activities. Bgeo Group profit soared on higher income in segment business. ICA Gruppen profit surged 38%. Nanogate lifted outlook.
- Mukesh Buch
- 15 Aug, 2017
- New York City
Advance Auto Parts tumbled after net declined 30%. Coach plunged on weak outlook. Dicks Sporting plummeted on lower earnings and sales outlook. Home Depot sales surged. TJX net fell but lifted fiscal outlook.
- Sarla Buch
- 15 Aug, 2017
- New York City
Air Berlin today filed for bankruptcy protection after Etihad withdrew its financial support. Hargreaves revenues jumped. K&S net plunged 30% and reaffirmed fiscal 2017 outlook. Mears net dropped 5% and lowered fiscal revenues forecast.
- Mukesh Buch
- 14 Aug, 2017
- New York City
Andeavor Logistics agreed to acquire Western Refining in a deal valued at $1.8 billion. Third Point acquired a stake in BlackRock and reaffirms its interest in Alibaba.Group. Sysco profit soared 42%. Target agreed to buy Grand Junction. VF Corp agreed to acquire family-owned Williamson-Dickie.
- Sarla Buch
- 14 Aug, 2017
- New York City
Bilfinger net loss narrowed despite decline in revenues. Danone surged on merger speculation. Chinese automaker plans to bid for Fiat Chrysler. RWE declared special dividend. ThyssenKrupp may be nearing a deal with Tata Steel.
- Mukesh Buch
- 11 Aug, 2017
- New York City
Applied Indl Tech net more than doubled. Acushnet net jumped 22% but revenues plunged 8%. Enerplus net swung to profit on 69% jump in revenues. J C Penney drops to record low. Nordstrom net slumped. NVIDIA net more than doubled. Snap net loss widened.
- Sarla Buch
- 11 Aug, 2017
- New York City
Innogy net plunged but reaffirmed outlook. KPS net increased. Novozymes depreciation and write-downs jumped. Nationwide Building Society said mortgage lending declined 31%. Old Mutual profit soared 87% on 45% jump in revenues.
- Mukesh Buch
- 10 Aug, 2017
- New York City
Blue Apron tumbled after net swung to a loss. Dillard''s plunged on disappointed results. Kohl''s beats profit forecasts. Macy''s net surged but sales declined. Perrigo surged after net loss narrowed. Vista Outdoor revenues plunged but reaffirmed fiscal outlook.