ticker

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.

EU Approves Essilor, Luxottica Merger; Carrefour Net Swing to Loss

Sarla Buch
01 Mar, 2018
New York City

Carrefour net swung to a loss on weak sales and nonrecurring charges. Essilor profit decline was driven by Luxottica merger costs. Groupe PSA net jumped 14% on 21% surge in revenues. WPP tumbled as online advertising crimp growth.

Lowe's Declines on Weak Results, Vale Net Soars on Iron Ore Prices

Mukesh Buch
28 Feb, 2018
New York City

Analog Devices reported strong profit and revenues. Express Scripts profit soared on higher customer retention rate. Lowe''s plunged after revenues and profit declined. TJX soared on strong profit and comparable sales. Vale profit soared on higher iron ore price.

Carrefour Beats Earnings Estimates, Salzgitter Reaffirms Outlook

Sarla Buch
28 Feb, 2018
New York City

Bayer profit surged and healthcare products maker said Monsanto deal is expected to close in second quarter. Carrefour Brasil beats profit estimates. Salzgitter reaffirmed fiscal outlook.

Discovery Ad Revenue Jumps, Toll Brothers Profit Beat on Strong Home Demand

Mukesh Buch
27 Feb, 2018
New York City

AES Corp reaffirmed annual growth forecast through 2020. Carter''s announced share buyback plan. Discovery''s revenue jumped on higher advertising. Macy''s jumped on strong profit and sales. Toll Brothers profit soared on higher demand.

Comcast Bids

Sarla Buch
27 Feb, 2018
New York City

Aixtron forecasted higher revenues and profit growth in fiscal 2018. Fresenius forecasted strong 2018 growth. Standard Chartered loan impairments declined 50%. Comcast said offered

Berkshire Hathaway 2017 Profit Surges on $29 B Tax Gain

Mukesh Buch
26 Feb, 2018
New York City

Boise Cascade net surged on 19% jumped in revenues. Berkshire Hathaway profit soared on $29 billion in tax gain. Dean Foods tumbled on lower earnings forecast. SemGroup agreed to sell its U.K.-based petroleum storage business.

AB Food Reaffirms Outlook, PostNL Tumbles on Weak Forecast

Sarla Buch
26 Feb, 2018
New York City

AB Food reaffirmed full-year outlook despite reduction in sugar segment revenues. Bunzl net jumped on the improved market conditions in North America and in Europe. GKN said Melrose received clearance from the U.S. and Canadian regulators. PostNL profit plunged 47%.

General Mills in $8 B Deal with Blue Buffalo Pet, KBR Net Swing to Profit

Mukesh Buch
23 Feb, 2018
New York City

Cabot Oil & Gas net loss narrowed on higher production and prices. Cinemark reported strong quarterly results. Entergy net loss narrowed on improved segment performance. General Mills agreed to acquire Blue Buffalo Pet Products for $8 billion.

Swiss Re Net Plunges, Standard Life Aberdeen to Exit Insurance Unit

Sarla Buch
23 Feb, 2018
New York City

Rhoen-Klinikum issued optimistic outlook. Swiss Re net plunged on sharp jump in natural catastrophe charges. Construction chemicals maker Sika net surged 15% on 9% jump in revenues. Standard Life Aberdeen agreed to sell insurance unit. Valeo net fell after higher raw material costs.

Rising Oil Prices Lift Apache, Chesapeake Results

Mukesh Buch
22 Feb, 2018
New York City

Apache net swung to profit on higher oil prices. ACI Worldwide net plummeted. Chesapeake Energy plans to reduce capital investments by 12%. Orbital ATK revenues jumped. Valmont Industries net swung to a loss.

Bouygues Net Lifted by Construction Sector, Centrica Faces Customer Loss

Sarla Buch
22 Feb, 2018
New York City

Bouygues profit surged on construction segment. Centrica net plunged after the utility lost 75,000 customers. ISS net declined 10% on weak revenues. UCB net soared 42% on 9% jump in revenues.

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