Oct 18, 2017 12:48 PM EDT
Assurant agreed to buy privately held Warranty Group for $2.5 billion. Abbott net swung to profit on strong medical device sales. IBM net declined for the 22nd quarter in a row. Morgan Stanley net soared. M&T Bank net missed the estimate. U.S. Bancorp net jumped on loan growth.
Oct 18, 2017 12:49 PM EDT
Akzo Nobel reported lower-than-expected results and issued second profit warning. ASML profit surged on strong demand. Carrefour Brasil sales soared 8%. Haulotte said revenues in the nine-months jumped 8%.
Oct 17, 2017 11:34 AM EDT
Airbus agreed to buy a majority stake in CSeries passenger jetliner of Canada-based Bombardier. Merlin shares tumbled on profit warning. Pearson jumped on improved profit forecast. Remy Cointreau said sales advanced 6%. Sartorius lowered group revenues forecast.
Oct 17, 2017 11:27 AM EDT
CSX benefited from higher freight rates. Comerica net soared on higher net interest income. Goldman Sachs bond trading revenues fell but benefitted from the healthy deals and equities markets. Omnicom beats revenue forecast. Grainger net plunged. J&J revenues soared. UnitedHealth profit surged 26%.
Oct 16, 2017 11:10 AM EDT
Charles Schwab net and revenues surged on a new retail brokerage accounts. Capstar Financial net more than doubled. McClatchy said net loss widened on weak revenues. Nordstrom family suspends its plan to go private. Ruby Tuesday agreed to be acquired by NRD Capital.
Oct 16, 2017 10:53 AM EDT
EasyJet may acquire parts of Air Berlin operations at Tegel Airport. ConvaTec tumbled after it lowered revenues estimates linked to supply issues. Husqvarna declined after weak sales in its consumer brands division. Saint Gobain completed acquisition Norwegian rival.
Oct 13, 2017 12:30 PM EDT
BofA reported stronger than expected results. PNC Financial net jumped 14%. Wells Fargo net tumbled 19% after legal costs. Applied Optoelectronics tumbled on lowered outlook. J B Hunt Transport net plunged 8% while revenues soared 9%.
Oct 13, 2017 10:42 AM EDT
BASF agreed to acquire seed and herbicide businesses from Bayer for €5.9 billion. GKN tumbled on profit warnings and legal claims costs. Faurecia said sales in the third-quarter soared 10%. Man Group said assets under management jumped 8%.
Oct 12, 2017 1:20 PM EDT
Citigroup profit jumped 8% but trading revenues plunged. Commerce Bancshares net soared. Domino''s Pizza beats profit and sales estimates but stock declined. JPMorgan beats estimate after trading revenue declined 27%. Lindsay net plunged 19%.
Oct 12, 2017 12:08 PM EDT
Accor agreed to acquire Australia-based rival Mantra for €0.9 billion. U.K. regualtor provisionally approved Hungryhouse acquisition by Just Eat. Deutsche Lufthansa agreed to acquire most of the assets of the insolvent carrier Air Berlin. Sky reported better-than-expected first quarter results.