- Mukesh Buch
- 15 May, 2017
- New York City
AM Castle net loss narrowed despite revenues declined 17%. Forterra net loss widened. Moody''s plans to acquire Netherland-based Bureau van Dijk for $3.3 billion from EQT VI. Patheon agreed to be acquired by Thermo Fisher for $7.2 billion. TPG is in $2.7 billion deal with Fairfax Media.
- Mukesh Buch
- 12 May, 2017
- New York City
ArcelorMittal plunged despite shipments jumped 5.1% and net swung to profit. AdvanSix revenues soared. J C Penney net loss widened on weak comparable sales. Nordstrom reaffirmed fiscal outlook but missed comparable sales estimate.
- Sarla Buch
- 12 May, 2017
- New York City
AstraZeneca jumped on positive lung cancer drug trials. Richemont net plunged 46% and launched new program to buy-back up to 10 million shares. Innogy said its UK unit Npower is expected to generate loss this year. ThyssenKrupp lifted forecast.
- Mukesh Buch
- 11 May, 2017
- New York City
Brookfield Asset Management revenues jumped. Enbridge profit tumbled 47%. Kohl''s net soared and gross margin improved. Macy''s profit plunged on weak sales and higher inventory. Snapchat net loss widened. Teva net rose.
- Sarla Buch
- 11 May, 2017
- New York City
AEGON net surged on reduction in expense in the U.S. and higher earnings in Asia. BT said it may cut 4,000 jobs in its global services. Deutsche Telekom net swung to profit on strong drive by T-Mobile US. Telefonica net surged on the recovery in Brazil currency.
- Sarla Buch
- 10 May, 2017
- New York City
AXA said it plans to list its U.S. insurance and asset management units. Compass Group proposed
- Mukesh Buch
- 10 May, 2017
- New York City
Coty acquisitions drive sales increase. Cimarex Energy net swung to profit after US shale production surged. Disney profit jumped on strong performance in theme park segment. NVIDIA net surged on strong chip sales. Priceline booking soar but investors sell on sluggish growth.
- Mukesh Buch
- 09 May, 2017
- New York City
Aon net declined. Dean Foods net swung to loss but reaffirmed fiscal forecast. Duke Energy net jumped despite unseasonable mild weather. Henry Schein net surged on lower income tax expense and absence of restructuring costs. Office Depot struggles on weak customer store visits.
- Sarla Buch
- 09 May, 2017
- New York City
Dialog Semiconductor profit plunged. E ON profit declined on weak sales in the U.K. business. GEA Group profit surged 61%. Munich Re reaffirmed outlook after profit soared 29%. Uniper lowered net debt by
- Mukesh Buch
- 08 May, 2017
- New York City
AES said net swung to a loss. Coach plans to acquire rival Kate Spade for $2.4 billion. Comcast and Charter plan to market wireless communication services. First Data net swung to profit. ITT reports solid earnings and offers positive guidance. Petmed reported better than expected sales and margins.
- Sarla Buch
- 08 May, 2017
- New York City
Akzo Nobel rejected third and revised
- Mukesh Buch
- 05 May, 2017
- New York City
Air Lease revenues rose as new industry order slows and backlog grows worrying supply issues. Cognizant revenues soars but offers softer guidance and ramps up U.S. hiring. CIGNA lifted fiscal forecast and insurer was silent on Anthem petition with the Supreme Court.
- Sarla Buch
- 05 May, 2017
- New York City
The struggling Italian lender Banca Monte dei Paschi net swung to a loss. easyJet said passenger traffic in April jumped 12%. IAG profit tumbled and launched
- Mukesh Buch
- 04 May, 2017
- New York City
Apache net swung to profit after revenues jumped 73%. Facebook net surged on mobile ads demand and solid user growth. Global Payments net plunged 19% but lifted full-year outlook. Kellogg net jumped 50%. PPL Corp net declined 16%. Viacom profit tumbled 60%.
- Sarla Buch
- 04 May, 2017
- New York City
InBev profit jumped but said it is struggling in the U.S. and Brazil. HSBC profit declined after change in the fair value of debt. Societe Generale net plunged and agreed to pay