- Lucy Stoeva
- 06 May, 2016
- New York City
European markets erased earlier losses in a late rebound after the U.S. employment data sent offered mixed outlook. ArcelorMittal said loss narrowed and the steelmaker kept its 2016 guidance unchanged. Banca Monte dei Paschi di Siena posted higher-than-expected net income.
- Lucy Stoeva
- 05 May, 2016
- New York City
European stock market indexes closed little changed after a choppy session. Concerns over China
- Mukesh Buch
- 05 May, 2016
- New York City
Apache said net loss narrowed and lifted production forecast. Becton Dickinson profit and revenues surged. Alibaba net soared 85%. Church & Dwight revenues and profit rose. Kellogg net tumbled 23%. Merck net surged 19%. Occidental Petroleum net swung to profit.
- Mukesh Buch
- 04 May, 2016
- New York City
Belden lifted revenues outlook. Humana net tumbled 46% and lowered earnings forecast. Noble Energy net loss widened after sales dropped. Priceline Group revenues and profit surged. Time Warner net soared 25%. Western Union profit slumped.
- Lucy Stoeva
- 04 May, 2016
- New York City
European stocks extended losses on Wednesday as mining stocks fell on weak copper prices. Brazil sued BHP Billiton for $44.5 billion. Dialog Semiconductor reported sharply lower operating profit. U.K. supermarkets feel the pressure of German discount retailers.
- Lucy Stoeva
- 03 May, 2016
- New York City
European stocks declined on Tuesday after banks reported weaker-than-expected earnings while mining companies retreated on lower metal prices. Commerzbank said net dropped 52%. UBS said first-quarter profit sharply fell due to weakness in wealth management. HSBC posted a decline in profits.
- Mukesh Buch
- 02 May, 2016
- New York City
Halliburton terminated $28 billion merger agreement with Baker Hughes. Alexander''s net soared 24%. Enbridge Energy and Helmerich & Payne revenues and profit tumbled. Loews net fell 6%. Mercury General net declined 11%. SYSCO net surged 23%. White Mountains net plummeted.
- Mukesh Buch
- 03 May, 2016
- New York City
Fiat Chrysler and Ford April sales jumped but GM sales fell. Cummins net and revenues tumbled. CVS Health net declined but sales jumped 19%. Duke Energy net plunged 20%. Ecolab net slid. Oracle agreed to acquire Opower Inc for $532 million. Pfizer sales and profit surged.
- Mukesh Buch
- 29 Apr, 2016
- New York City
American Tower net soared 35% on 19% jump in revenues. AstraZeneca net soared 13%. Amazon.com lifted revenues forecast after net swung to profit. Amgen net surged 17%. Chevron, Exxon, Phillips 66 revenues and profit declined. LinkedIn net loss narrowed.
- Lucy Stoeva
- 28 Apr, 2016
- New York City
European markets closed down after a broad selloff after the Bank of Japan decided not to increase its stimulus program and left interest rates unchanged. CaixaBank and BBVA posted double-digit declines in first-quarter net profit. Airbus earnings dropped on production delays and weaker demand.
- Mukesh Buch
- 28 Apr, 2016
- New York City
Bristol-Myers net edged up. Colgate net fell. ConocoPhillips net swung to a loss. Dow Chemical profit and sales tumbled. Ford net and revenues surged. MasterCard profit slumped 6%. Facebook advertising revenues soared 57%. Sony net loss narrowed. Time Warner net jumped.
- Lucy Stoeva
- 27 Apr, 2016
- New York City
European shares traded higher on Wednesday amid positive corporate earnings and higher oil prices. Adidas raised its guidance for 2016 and posted an increase of 35% in operating profit. Antofagasta said copper output rose in the quarter and confirmed its full-year output guidance.
- Mukesh Buch
- 27 Apr, 2016
- New York City
Apple said quarterly sales of iPhone declined for the first time in 13 years. Boeing profit declined 11%. Baker Hughes net loss widened after revenues plummeted 42%. Comcast net and revenues jumped. Glaxo lifted earnings forecast. Hess net loss widened. Twitter net loss narrowed.
- Lucy Stoeva
- 26 Apr, 2016
- New York City
After a strong start, most European markets changed direction and closed slightly lower. Pulp & paper producer UPM said quarterly profit jumped 35% and announced the sale of its Schwedt mill site. BP reported a pre-tax loss of $865 million. Orange said revenues rose 3.5%.
- Mukesh Buch
- 26 Apr, 2016
- New York City
3M net jumped but revenues fell. BP net swung to a loss and revenues plunged 30%. Du Pont profit soared 19% while sales dropped 6%. Eli Lilly net plummeted 17% but sales rose 5%. Lockheed Martin net slumped 10% but revenues surged 16%. P&G sales fell 7%.