- Sarla Buch
- 14 Nov, 2016
- New York City
Greencore net declined 18% and the food maker plans to acquire the U.S.-based Peacock Foods. Intrum Justitia agreed to buy Norway-based rival for $2 billion. RWE net tumbled 99% after the utility financed a state nuclear-waste fund. Siemens agreed to buy Mentor Graphics $4.5 billion.
- Mukesh Buch
- 11 Nov, 2016
- New York City
Brookfield Asset Management net surged. CSW Industrials net plunged 49%. Dillard''s net declined 50%. J C Penney net loss narrowed and the retailer lifted comparable store sales forecast. Disney net soared 10% and opened sixth theme park. Nordstrom net swung to a loss.
- Sarla Buch
- 11 Nov, 2016
- New York City
Allianz net surged 35% as PIMCO attracts first positive net fund flows since 2013. Bechtle net and revenues jumped. Utility provider Enel net soared 32% but revenues declined 10%. Renewable energy provider Innogy net tumbled 30%. SIG tumbled after weak profit forecast.
- Mukesh Buch
- 10 Nov, 2016
- New York City
Cott net swung to a loss but revenues rose. Macy
- Sarla Buch
- 10 Nov, 2016
- New York City
3i profit surged five-fold. Continental net tumbled 41%. Electrolux agreed to buy South Africa-based Kwikot for 2 billion kronor. The insurer Generali said net declined 6% after weak income in property and casualty business. National Grid net plunged 52%. Siemens net declined.
- Mukesh Buch
- 09 Nov, 2016
- New York City
Coty net plunged 93% on weak demand. DISH Network net soared 57% and net new Pay-TV subscribers additions declined. Energizer net fell 7%. Endo Intl net loss narrowed and pharmaceuticals maker reaffirmed revenues forecast. Media General net loss widened. Viacom net tumbled.
- Sarla Buch
- 09 Nov, 2016
- New York City
Associated British Foods net surged 59%. Alstom net swung to profit after revenues jumped 8%. Burberry net plunged 40%. E.ON net loss narrowed despite write down of assets related to spin-off. Munich Re net surged 30%.
- Mukesh Buch
- 08 Nov, 2016
- New York City
CVS Health net surged 24% and revenues soared 16%. D.R. Horton net jumped 19% on 18% increase in revenues. Johnson Controls net swung to a loss on tax expenses related to the Adient spin-off and the Tyco merger. News Corp and Valeant Pharma net swung to a loss.
- Sarla Buch
- 08 Nov, 2016
- New York City
ArcelorMittal net swung to profit despite steel shipment and production declined. Credit Agricole profit doubled but revenues declined. Deutsche Post said profit more than double. Marks and Spencer net tumbled 91%. Total SA signed a preliminary agreement with Iran government.
- Mukesh Buch
- 07 Nov, 2016
- New York City
Blue Nile agreed to be acquired by Bain Capital and Bow Street for $500 million. Cognizant net surged 12% on 8% jump in revenues. Dean Foods profit plunged 28%. Rockwell Automation lifted revenue forecast. Sotheby
- Sarla Buch
- 07 Nov, 2016
- New York City
HSBC net swung to a loss after the bank booked $1.7 billion charge for selling its Brazil business. PostNL net swung to a loss and rejected higher takeover offer from Belgium-based rival Bpost. Ryanair profit surged 7% and plans for additional share buyback of up to
- Mukesh Buch
- 04 Nov, 2016
- New York City
Ameren net jumped 8%. AES Corp net fell 3% on flat revenues. Duke Energy net soared 29%. Dick Clark Productions agreed to be acquired by China-based conglomerate Wanda Group. Humana net surged 43%. NRG Energy net surged five-fold but sales plunged. Revlon net swung to a loss.
- Sarla Buch
- 04 Nov, 2016
- New York City
BMW net surged 15% after strong sales in the quarter. Commerzbank net swung to a loss. Erste Group Bank profit soared 54% to
- Mukesh Buch
- 03 Nov, 2016
- New York City
Apache net loss narrowed. Becton Dickinson net tumbled 90% but medical devices maker lifted earnings forecast. Cigna profit plunged 17%. Facebook offered cautious outlook. Fitbit, TreeHouse Foods tumbled on weak forecast.
- Sarla Buch
- 03 Nov, 2016
- New York City
Adidas profit surged 24% and the athletic shoe maker lifted fiscal outlook. Credit Suisse net tumbled 95% but the bank results were ahead of analysts expectations. ING Group net soared 27%. Swiss Re profit plunged 17% but revenues jumped 10%. Societe Generale net soared 41%.