- Mukesh Buch
- 23 Jan, 2017
- New York City
BNC Bancorp agreed to be acquired by Pinnacle Financial for $1.9 billion. Sierra Bancorp net rose 3% and revenues jumped 16%. Halliburton net swung to a loss. McDonald''s net fell 1% but same store sales rose 2.7%. Petmed net plunged 8%.
- Sarla Buch
- 23 Jan, 2017
- New York City
Intesa Sanpaolo is reported to consider a stake in Generali. Nordic Cinema agreed to be acquired by the U.S.-based AMC Entertainment for $929 million. Paddy Power Betfair annual revenues surged 18%. Shell agreed to sell its 50% stake in Shell Arabia to SBIC for $820 million.
- Mukesh Buch
- 20 Jan, 2017
- New York City
American Express net fell 8%. Ford said it may book $3 billion under pre-tax re-measurement loss in fiscal 2016. GE net tumbled 45%. IBM net rose 1%. P&G profit surged and lifted fiscal outlook. Rockwell net jumped 7%. Schlumberger net loss narrowed. SunTrust net slid 4%.
- Sarla Buch
- 20 Jan, 2017
- New York City
Close Brothers said loan book in the first-half jumped 9.3%. Edenred lifted its stake in multi-brand fuel cards player Union Tank Eckstein to 51%. Heineken is in preliminary talk with Brasil Kirin Holding. Synthomer surged on the improving business in Europe and North America.
- Mukesh Buch
- 19 Jan, 2017
- New York City
BNY Mellon net surged 29%. BB&T net soared 18% Check Point Software net jumped 14%. J B Hunt profit edged up but revenues soared 6%. M&T Bank net advanced 22% after loan portfolios grew 15%. PPG net increased 10%. Union Pacific net rose 2%.
- Sarla Buch
- 19 Jan, 2017
- New York City
BHP, Vale and Samarco settled a $47.5 billion civil claim with Brazilian authorities. Credit Suisse settled mortgage securities claims with the U.S. regulator for $5.3 billion. Ahold Delhaize sales jumped 3% to
- Mukesh Buch
- 18 Jan, 2017
- New York City
Citigroup net jumped 7% but revenues declined. CSX net fell 2%. Charles Schwab net and revenues surged. Eli Lilly agreed to acquire CoLucid Pharma for $960 million. Fastenal net rose 3%. Goldman Sachs net jumped four-fold. U.S. Bancorp net was nearly flat. United Continental net tumbled 52%.
- Sarla Buch
- 18 Jan, 2017
- New York City
ASML net surged 32% after system selling price soared 35%. Burberry said revenues in the third-quarter jumped 4%. Deutsche Bank settled mortgage securities claims with the U.S. regulator for $7.2 billion. J D Wetherspoon sales rose. Novozymes net jumped 16%. Premier Foods tumbled.
- Mukesh Buch
- 17 Jan, 2017
- New York City
Bank of The Ozarks net soared 71%. Comerica net surged 41%. GM plans to invest $1 billion in its U.S. plants to create 1,000 jobs. Morgan Stanley net doubled after trading revenues jumped on election rally. Progress Software declined after net loss widened. UnitedHealth net surged 46%.
- Sarla Buch
- 17 Jan, 2017
- New York City
Alstom reaffirmed revenues to increase 5% each year up to 2020. BAT raised offer to
- Sarla Buch
- 16 Jan, 2017
- New York City
Draegerwerk said net sales in fiscal 2016 slumped 3%. Essilor agreed to acquire Luxottica for
- Mukesh Buch
- 13 Jan, 2017
- New York City
Boeing secured order worth $23 billion for 205 planes from India-based low-cost airliner SpiceJet. Bank of America net surged 48%. BlackRock net fell but raised quarterly dividend. JPMorgan net surged 24% after trading revenue soared. Wells Fargo net declined 5%.
- Sarla Buch
- 13 Jan, 2017
- New York City
Countrywide net declined 9% and forecasted transaction volumes to fall 6%. Fraport said passenger traffic in December rose 4%. Grafton soared after annual revenues jumped 13%. SIG sales jumped 11%. Technicolor tumbled after operating profit lower than the previous estimate.
- Mukesh Buch
- 12 Jan, 2017
- New York City
Advanced Drainage Systems net soared 52% but revenues fell. Delta Air Lines net plunged 37%. Intuitive Surgical lifted revenue forecast. KB Home net declined 15% while sales surged 21%. Shaw Communications net tumbled 59.2% and reaffirmed operating outlook.
- Sarla Buch
- 12 Jan, 2017
- New York City
Barratt Developments sales soared 16%. Richemont retail sales jumped 12% after sales in Americas and Asia Pacific surged. Hella Kgaa Hueck profit soared 21%. Marks and Spencer group sales jumped 6%. Sodexo revenues fell. Sudzucker lifted revenues forecast.