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Clorox Acquires Supplements Maker Nutranext, Stone Energy Net Swing to Profit

Mukesh Buch
12 Mar, 2018
New York City

Aclaris Therapeutics net loss widened. American Midstream net loss widened and revenues slumped 5%. The Clorox agreed to acquire a privately held dietary supplement maker Nutranext for $700 million. Middlesex Water profit increased. Stone Energy net swung to profit.

Innogy Surges on RWE, E.ON Asset Swap Deal; Aryzta and GEA Ease

Sarla Buch
12 Mar, 2018
New York City

Aryzta dropped after first-half net loss widened. GEA Group net plunged but orders increased. Hypoport soared on better-than-expected results. RWE and E.ON agreed to an asset swap deal involving Innogy SE stake.

Big Lots Plunges on Comparable Sales Growth Worries, Dell PC Sale Jump

Mukesh Buch
09 Mar, 2018
New York City

American Woodmark net tumbled but revenues surged. Big Lots plunged after same-store sales declined. ChemoCentryx surged after net swung to profit. Cooper net swung to a loss. Dell Technologies net loss widened after storage sales declined.

Lagardere Plunges on Weak Results, Life Science Unit Drives Merck Net Higher

Sarla Buch
09 Mar, 2018
New York City

nmarsat plans to invest in the aviation market. Lagardere plunged on weak results. Merck said profit surged was driven by sales growth in its healthcare and life-science segments. SIG net loss narrowed after significant improvement in Europe and Ireland businesses.

Cigna, Express Scripts in $67 B Deal; Kroger Falls on Weak Outlook

Mukesh Buch
08 Mar, 2018
New York City

American Eagle plunged despite stronger-than-expected results. Burlington Stores reported strong fourth-quarter results. Cigna agreed to acquire Express Scripts in $67 billion deal. Kroger and Tech Data tumbled on weak outlook. Vail Resorts net surged 58%.

Aviva Profit Boosted by UK Operation, JCDecaux Rides China Market Growth

Sarla Buch
08 Mar, 2018
New York City

Aviva plans to buy-back of up to

Abercrombie, Autodesk Surge on Earnings Surprise; Dollar Tree, Ross Plunge

Mukesh Buch
07 Mar, 2018
New York City

Abercrombie & Fitch reported stronger-than-expected results. Autodesk surged on flat profit and higher revenues. Dollar Tree tumbled despite profit and revenues jumped. Ross Stores declined on weak outlook. Urban Outfitters net income was hit by the U.S. tax law revisions.

Legal & General Profit Jumps, Schaeffler Lifts Dividend

Sarla Buch
07 Mar, 2018
New York City

DS Smith reported higher box volume driven by online sales demand and strong holiday season. Elis profit plunged 28%. Legal & General profit jumped 46% after slower growth in the U.K. life insurance business. Schaeffler net surged 14%.

Target Falls on Disappointing Outlook; Ciena and Analogic Devices Soar

Mukesh Buch
06 Mar, 2018
New York City

Analogic surged despite net plunged. Ascena Retail reported wider-than-expected loss and forecasted weak outlook. Ciena earnings and revenues beat expectations. Donaldson profit swung to a loss despite revenue surge of 21%. Target net and revenues soared.

Passenger Count Rises at EasyJet,Smurfit Kappa Rejects International Paper Bid

Sarla Buch
06 Mar, 2018
New York City

easyJet passenger numbers and load factor in February jumped. Smurfit Kappa rejected unsolicited proposal from the U.S.-based International Paper Company. Evonik explore all options for Methacrylates business. Just Eat net swung to a loss on

Pure Storage Revenue Surges, Olympic Steel Net Swings to Profit

Mukesh Buch
05 Mar, 2018
New York City

Olympic Steel net swung to profit and revenues soared. Pure Storage net loss narrowed and revenues surged 48%. Reata Pharmaceuticals missed revenues. XL Group agreed to be acquired by France-based insurer AXA for $15.3 billion.

AXA Agreed to Acquire XL for

Sarla Buch
05 Mar, 2018
New York City

The insurer Axa agreed to buy Bermuda-based XL Group for

Foot Locker, J C Penney Fall on Outlook Worries; VMware Revenue Jumps

Mukesh Buch
02 Mar, 2018
New York City

Equifax profit surged 40% but the credit data company continues to struggle to protect customer data. Foot Locker tumbled on lowered outlook. J C Penney plunged on weak forecast. VMware net swung to a loss despite strong revenues.

LafargeHolcim Swings to Loss on Impairment Charges, LSE Net Jumps

Sarla Buch
02 Mar, 2018
New York City

Essentra health and personal care packaging division woes continue. LafargeHolcim swings to loss after the cement maker writes down assets. LSE profit surges on record volume in its clearing business. Mondi profit jumped on 7% increase in revenues. Spire Healthcare net plunged 69%.

Best Buy Reported Strong Results, Kohl

Mukesh Buch
01 Mar, 2018
New York City

Best Buy sales surged. Barnes & Noble net swung to a loss. Icahn Enterprises jumped after net swung to profit. Kohl''s profit surged and announced partnership with Aldi and Amazon. Salesforce.com net swung to profit.

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