- Mukesh Buch
- 17 Jun, 2016
- New York City
Finisar net jumped 80%. Oracle net rose 2% but revenues fell 1%. Revlon agreed to acquire Elizabeth Arden for $870 million. Smith & Wesson net and revenues surged. Viacom estimated profit in third-quarter to decline 25%.
- Mukesh Buch
- 16 Jun, 2016
- New York City
Clarcor net jumped 39% but revenues declined 9%. Jabil Circuit net plunged 93% on flat revenues. Kroger net soared 10% on 5% increase in revenues. Korn-Ferry Intl profit plummeted 78% but revenues surged 48%. Rite Aid net swung to a loss and revenues surged 23%.
- Sarla Buch
- 16 Jun, 2016
- New York City
European markets turned lower on the growing anxieties as the EU membership referendum date approached near in the U.K. Banks led the decliners after Swiss central banks suggested UBS and Credit Suisse may need to raise more capital. Mulberry net swung to profit. Poundland profit tumbled 94%.
- Mukesh Buch
- 15 Jun, 2016
- New York City
Bob Evans net plunged 89% and the restaurant operator forecasted financial outlook that fell short of expectations. Johnson Publishing plans to sell-off its Ebony and digital-only publication Jet. Turning Point Brands profit tumbled 35%.
- Mukesh Buch
- 15 Jun, 2016
- New York City
Resource stocks lead market rebound. Air France said domestic pilot strike has cost more than
- Sarla Buch
- 14 Jun, 2016
- New York City
Daetwyler agreed to acquire U.K.-based smaller rival Premier Farnell for 1.09 billion Swiss francs. GAM tumbled after the investment manager forecasted operating profit in the first-half to drop 50%. Ashtead profit surged 51% to
- Mukesh Buch
- 14 Jun, 2016
- New York City
Isle of Capri Casinos net surged to $25 million. John Wiley & Sons profit plunged 27%. Motorcar Parts of America net plummeted 26% but revenues jumped 16%.
- Mukesh Buch
- 13 Jun, 2016
- New York City
Microsoft agreed to acquire LinkedIn for $196 per share or $26.2 billion. Symantec plans to acquire privately held Blue Coat for $4.65 billion. Science Applications net was flat but revenues soared 20%. Synutra Intl net plunged on 22% decline in revenues.
- Sarla Buch
- 13 Jun, 2016
- New York City
Lafargeholcim decided 9 countries for asset divestments of about 3.5 billion Swiss franc including Saudi Arabia, South Korea and India. Siemens said it has no interest in robot maker Kuka targeted to
- Sarla Buch
- 10 Jun, 2016
- New York City
European market indexes extended weekly losses as the euro continued to rebound. Airbus intends to raise
- Mukesh Buch
- 10 Jun, 2016
- New York City
Agilysys net loss narrowed after revenues soared 11%. Cherokee net slumped 28%. H & R Block profit declined 5% on flat revenues. KMG Chemicals net surged more than three-fold. Mattress Firm Holding net swung to a loss despite revenues surged 49%.
- Sarla Buch
- 09 Jun, 2016
- New York City
Weak commodities drag European markets down 1%. DONG Energy public offering jumps 10%. Flybe net swung to profit. Glencore agreed to sell a 9.99% stake in its agricultural business for $625 million. Vodafone NZ Sky Network agreed to merge their New Zealand businesses in $2.4 billion transaction.
- Mukesh Buch
- 09 Jun, 2016
- New York City
AEP Industries net soared 24%. ABM Industries profit tumbled 76%. J. M. Smucker net swung to profit after sales surged 25%. Restoration Hardware net swung to a loss and revenues advanced 8%. Vail Resorts net surged 18%.
- Sarla Buch
- 08 Jun, 2016
- New York City
European Market indexes generally closed lower after China reported May exports declined 4%. Boohoo.Com revenues surged 42% and active customers soared 30%. CMC Markets profit surged 22% on 20% increase in revenues. Sainsbury sales rose. Workspace net jumped 8%.
- Mukesh Buch
- 08 Jun, 2016
- New York City
Brown-Forman net surged more than three-fold. Cantel Medical net and sales soared. Ferrellgas Partners profit plunged 48%. Greif net soared 50% but revenues declined 8%. Lululemon net fell 5% while revenues soared 17%. Piedmont Natural Gas revenues plummeted 18%.