- Sarla Buch
- 16 Dec, 2016
- New York City
Actelion jumped after the European regulatory advisory committee issued positive opinion for the treatment of T-cell lymphoma. EDF lowered profit outlook for fiscal 2017. Johnston Press agreed to sell its unit to Iliffe News and Media.
- Mukesh Buch
- 15 Dec, 2016
- New York City
Nucor lowered earnings outlook. RMR net income and revenues soared. Scholastic net jumped 5% and reaffirmed revenue forecast. Sanderson Farms net nearly tripled. Smart Sand net swung to a loss. 21st Century Fox agreed to acquire remaining stake in Sky for $23.4 billion.
- Sarla Buch
- 15 Dec, 2016
- New York City
Just Eat, the online food ordering platform continued its global expansion with a deal in Canada and in Europe. Lufthansa intends to acquire remaining 55% stake in SN Airholding. Sky agreed to be acquired by 21st Century Fox for
- Mukesh Buch
- 14 Dec, 2016
- New York City
Alaska Air completed acquisition of Virgin America. ABM Industries tumbled 80%. Heico said net income and revenues surged. Joy Global net loss narrowed while revenues declined 24%. Nordson profit soared 53% on 14% jump in revenues. Value Line net plunged 25%.
- Sarla Buch
- 14 Dec, 2016
- New York City
Fashion retailer Boohoo.Com acquired 66% stake in rival Pretty Little Thing and lifted operating profit forecast. Dixons Carphone profit surged but offered cautious outlook. Heinken is considering two proposals for Punch Taverns. Inditex profit jumped 9%.
- Mukesh Buch
- 13 Dec, 2016
- New York City
GMS net surged on 29% jump in revenues. Investors Real Estate Trust net tumbled 37%. KMG Chemicals profit soared 24%. Patterson-UTI Energy agreed to acquire Seventy Seven Energy for $1.8 billion. VeriFone net swung to a loss.
- Sarla Buch
- 13 Dec, 2016
- New York City
AB InBev agreed to sell its five beer brands to Japan-based rival Asahi Group for
- Mukesh Buch
- 12 Dec, 2016
- New York City
Boeing agreed to sell 80 jetliners to Iran Air at a list price of $16.6 billion. CBRE agreed to buy a shopping centre developer. Johnson Outdoors net swung to a loss but revenues soared. The Redstone family withdrew its proposed consolidation of Viacom and CBS.
- Sarla Buch
- 12 Dec, 2016
- New York City
Italy controlled Eni agreed to sell its 30% stake in Egypt-based gas field to Rosneft for $1.6 billion. e2v Tech agreed to be acquired by Teledyne for
- Mukesh Buch
- 09 Dec, 2016
- New York City
Cooper net surged 65% on 14% jump in revenues. Finisar net more than doubled. Ferrellgas Partners net loss narrowed after sales soared 22%. Fred''s net swung to a loss. Vail Resorts net loss widened to $63 million.
- Sarla Buch
- 08 Dec, 2016
- New York City
Capita tumbled after fiscal outlook. Glencore and Qatar sovereign fund agreed to buy 19.5% stake in Rosneft for
- Mukesh Buch
- 06 Dec, 2016
- New York City
AutoZone net soared 8%. Barnes & Noble Education net declined 12% but lifted sales forecast. HD Supply net tumbled 76% and reaffirmed on sales outlook. Michaels net slid. Roper agreed to acquire smaller rival Deltek for $2.8 billion. Verizon to sell 29 data centres in $3.6 billion.
- Mukesh Buch
- 07 Dec, 2016
- New York City
Brown-Forman revenues fell. Curtiss-Wright agreed to acquire Teletronics Technology Corp. for $233 million. Hooker Furniture net advanced 39%. John Wiley net swung to a loss. Korn/Ferry net soared 68%. Vera Bradley net plunged and the retailer lowered outlook.
- Sarla Buch
- 07 Dec, 2016
- New York City
Credit Suisse plans to reduce total expenses by additional 1 billion francs. European completion authority filed a total of