- Mukesh Buch
- 12 Jul, 2016
- New York City
Alcoa said sales declined 10% and lifted forecasted. Alliance One Intl net surged on flat revenues. Fastenal profit slumped 6%. GMS net soared more than four-fold and sales surged 30%. Rocky Mountain Chocolate net fell 4%. VOXX Intl net loss widened.
- Sarla Buch
- 12 Jul, 2016
- New York City
ASOS said four-month sales soared 30% from a year ago. Daimler AG said second-quarter operating profit increased 5.6%. DNB ASA said second-quarter profit dropped 10.4% on larger loan losses. UniCredit SpA said it plans to divest 10% stake in online bank FinecoBank SpA.
- Mukesh Buch
- 11 Jul, 2016
- New York City
Bank of the Ozarks net and revenues surged. Cablevision offered $1.1 billion to Nirvana Asia. Kinder Morgan divested 7,600-mile natural-gas pipeline system to Southern Co for $1.47 billion. Reuters agreed to sell its IP and Science business to Onex and Baring Asia for $3.5 billion.
- Sarla Buch
- 08 Jul, 2016
- New York City
Air France KLM June passenger traffics fell 2%. British Land agreed to sell its flagship store Debenhams building. Hammerson agreed to buy Ireland-based Dundrum for
- Mukesh Buch
- 08 Jul, 2016
- New York City
Apollo Education net and revenues tumbled. Cathay General Bancorp agreed to acquire Taiwan-focused SinoPac. Chase Corp net jumped 5%. Helen of Troy net declined 7%. PriceSmart net plummeted 21%. WD-40 net soared 16%.
- Mukesh Buch
- 07 Jul, 2016
- New York City
AVG Technologies agreed to be acquired by Avast Software for $1.3 billion. Computer Services net declined 11%. WhiteWave Foods agreed to be acquired by France-based rival Danone for $12.5 billion. PepsiCo lifted earnings outlook.
- Sarla Buch
- 07 Jul, 2016
- New York City
AXA decided to exit Serbian market. Associated British Foods sales jumped 3%. Avast agreed to acquire the U.S.-based AVG Technologies for $1.3 billion. Danone agreed to acquire the WhiteWave Foods for $12.5 billion.
- Sarla Buch
- 06 Jul, 2016
- New York City
Air Liquide forecasted revenues to increase between 6% and 8% up to fiscal 2020. Booker sales increased 10%. easyJet passenger numbers in June soared 5.8% while rival IAG passenger numbers in June jumped 13.6%. Melrose Industries agreed to acquire the U.S.-based Nortek for
- Mukesh Buch
- 06 Jul, 2016
- New York City
Delta Air estimated passenger unit revenue to drop 5%. Chevron and Exxon approved $36.8 billion oil production expansion in Kazakhstan. Greenbrier net declined 17% on 14% drop in revenues. MSC Indl Direct net rose 2%. Walgreens net plunged 15%.
- Sarla Buch
- 05 Jul, 2016
- New York City
Balfour Beatty secured contract worth about
- Mukesh Buch
- 05 Jul, 2016
- New York City
AZZ net and revenues soared. Blucora agreed to sell its Infospace business to OpenMail. Intl Speedway profit surged 63%. Noble Energy agreed to sell its 3% stake in the Tamar natural gas field. Hostess Brands agreed to be acquired by Gores Group for $725 million.
- Sarla Buch
- 04 Jul, 2016
- New York City
European market indexes traded down in volatile trading. ECB notified the Banca Monte dei Paschi di Siena to reduce bad loans by 2018. Sainsbury and Dansk Supermarketd terminated Netto UK stores venture. LSE investors approved merger agreement with Deutsche Boerse.
- Sarla Buch
- 30 Jun, 2016
- New York City
European market indexes extended 3-day gains led by financial and resource stocks. EDF is looking to sell 50% of its non-core assets to RTE unit for more than
- Mukesh Buch
- 30 Jun, 2016
- New York City
ConAgra net tumbled 44% on 10% drop in revenues. Constellation Brands net and revenues surged. Darden Restaurants profit soared 33%. Lindsay net plummeted 26% on 12% decline in revenues. McCormick net jumped 11%. Paychex net and revenues soared.