- Mukesh Buch
- 07 Apr, 2017
- New York City
Griffin Industrial Realty said net loss in the first-quarter widened. Haverty Furniture sales advanced 3%. Intec Pharma net loss widened. PriceSmart profit jumped and retailer said sales in March rose 5.3%. Co-founder of Twitter plans to sell his stake of 30%. WD-40 net declined 10%.
- Sarla Buch
- 07 Apr, 2017
- New York City
BillerudKorsnas estimate weak operating profit. Galenica Sante surged 9% and raised 1.9 billion francs in initial public offering. Lloyds Banking said it had set aside
- Mukesh Buch
- 06 Apr, 2017
- New York City
Jeff Bezos said the sale of $1 billion Amazon stock every year is financing his space venture. Constellation Brands net surged 86%. CarMax net surged. Fred''''s net loss widened. Hooker Furniture net surged. Lamb Weston net plunged 22%. MSC Direct net jumped 8%. RPM Intl net tumbled.
- Sarla Buch
- 06 Apr, 2017
- New York City
BTG reaffirmed upper end of revenue forecast. Co-op Group net swung to a loss and wrote down stake in bank. Electrocomponents profit jumped on 5% increase in revenues. Henkel forecasted improving outlook. Unilever said it merges two food business units to improve margins and cut costs.
- Mukesh Buch
- 05 Apr, 2017
- New York City
Schulman net swung to profit. Greenbrier revenues plunged 15%. Monsanto profit and revenues surged. Panera Bread agreed to be acquired by JAB Holding for $7.5 billion. Staples is looking for a buyer. Walgreens net jumped 14%.
- Sarla Buch
- 05 Apr, 2017
- New York City
Allied Minds to book write-down and cuts the funding for seven subsidiaries. Galliford Try rejected
- Mukesh Buch
- 04 Apr, 2017
- New York City
Acuity Brands tumbled on weak second-quarter result. Conn`s surged on improved forecast. Boeing signed a deal to sell 30 737 Max single-aisle planes to an Iranian airline. CIT completed the sale of 30% stake in two aviation business. Hewlett Packard Entp lowered earnings forecast.
- Sarla Buch
- 04 Apr, 2017
- New York City
The fast growing UK. Based online retailer ASOS lifted sales forecast. ABB agreed to acquire automation company Bernecker & Rainer. BNP Paribas agreed to buy domestic online payment services provider. Elior agreed to acquire Lancer Hospitality. Toshiba plans to buy 40% stake in Engie.
- Mukesh Buch
- 03 Apr, 2017
- New York City
Apple terminated its contract with the U.K.-based video chip supplier Imagination Technologies. Fiat Chrysler U.S. auto sales in March dropped 5%, Ford sales plummeted 7.2% but General Motors sales increased 1.6%. Tesla first-quarter sales surged 69%.
- Sarla Buch
- 03 Apr, 2017
- New York City
WS Atkins received
- Mukesh Buch
- 31 Mar, 2017
- New York City
BlackBerry soared after net loss narrowed and said the company is expected to be profitable on an adjusted GAAP basis. Du Pont is in asset-swap deal with FMC Corp. Eagle Bulk Shipping said net loss widened. Silver Lake Partners and Broadcom offered $18 billion for chip unit of Toshiba.
- Sarla Buch
- 31 Mar, 2017
- New York City
Actelion received tender offer from Johnson & Johnson. Danone said it will sell its U.S. subsidiary Stonyfield to meet the regulatory requirements fo WhiteWave foods purchase. DX Group is in talks to acquire John Menzie. Phoenix Solar lifted revenue forecast.
- Mukesh Buch
- 30 Mar, 2017
- New York City
Dell Technologies said net loss widened but revenues soared. Lindsay net swung to profit. Lululemon tumbled on disappointed sales forecast. SAIC net soared 28%. VF plans for the five-year period through 2021. Worthington Ind net jumped 21%.
- Sarla Buch
- 30 Mar, 2017
- New York City
Booker agreed to be acquired by Tesco for
- Mukesh Buch
- 29 Mar, 2017
- New York City
Paychex profit surged after improved segment revenues. Secureworks net loss narrowed after 26% jump in revenues. Westinghouse owned by Toshiba filed for bankruptcy protection. UniFirst revenues jumped. Verint net plunged. Vertex Pharma surged after positive phase 3 trial.