ticker

Dialog Semi Beats Revenue Estimate, Trigano Profit Soars

Sarla Buch
08 Jan, 2018
New York City

AO World net swung to a loss and revenues soared 13%. Dialog Semiconductor sales were ahead of the latest forecast. Micro Focus International tumbled after reaffirming fiscal 2018 revenues to decline. Trigano profit and revenues soared.

Constellation Brand Misses Sales Estimate, Greenbrier Beat Estimate

Mukesh Buch
05 Jan, 2018
New York City

Constellation Brands sales missed estimates. Cal-Maine Foods net loss widened. Franklin Covey reaffirmed fiscal 2018 forecast. Greenbrier net jumped 5%. Lamb Weston beats profit forecasts. Shiloh tumbled after net swung to a loss.

Allianz to Ramp Up Asia Real Estate Investment, easyJet December Traffic Jumps

Sarla Buch
05 Jan, 2018
New York City

Allianz

Monsanto Net Surges, Walgreens Drops; Costco Comparable Sales Soar

Mukesh Buch
04 Jan, 2018
New York City

AngioDynamics lowered sales forecast. Buckle tumbled after comparable sales declined. Costco comparable sales soared 12%. L Brands revised fourth-quarter earnings outlook. Monsanto profit surged. RPM Intl net swung to profit. Rite Aid net soared. Walgreens net tumbled.

Debenhams Tumbles on Profit Warning, NMC in UAE Acquires Hospital Stakes

Sarla Buch
04 Jan, 2018
New York City

Debenhams issued profit warning after disappointing sales during and post-Christmas holidays. NMC Health acquired remaining stakes in two hospitals based in United Arab Emirates. Sopheon surged on upbeat estimate. Vectura said it plans to refocus its investment strategy.

Dominion in $8 B Deal with SCANA, U.S. Blocks MoneyGram Purchase

Mukesh Buch
03 Jan, 2018
New York City

Commercial Metals net and revenues surged. Dominion Energy to acquire troubled rival Scana in $7.9 billion deal. The U.S. government agency rejected sale of MoneyGram to China-based Ant Financial. UniFirst beats first-quarter forecasts.

U.K. Retailer Next Offered Upbeat Outlook, Ryanair Traffic Soar 10%

Sarla Buch
03 Jan, 2018
New York City

Addex Therapeutics signed deal with $339 million with Indivior. Deutsche Bank faces new claims for

Principal to Buy India Ventures, Nutrien Starts Trading on Exchanges

Mukesh Buch
02 Jan, 2018
New York City

Commercial Metals to buy certain U.S. rebar assets from Brazil-based Gerdau for $600 million. Nutrien starts trading from New York and Toronto exchanges. Principal Financial agreed to buy joint ventures in India.

M&S Sells HK and Macau Stores, British Air Parent to Buy Austria Based Niki

Sarla Buch
02 Jan, 2018
New York City

BP estimated $1.5 billion one-time non-cash charge in the fourth-quarter of 2017. IAG to acquire Austrian insolvent discount air Niki. M&S agreed to sell Hong Kong and Macau stores to Al-Futtaim Group. TechnipFMC won contract from Statoil. Vestas secured orders in Europe, Canada and India.

Goldman, BofA, Apple, Citi to Repatriate Income; Uber Sells 15% Stake

Mukesh Buch
29 Dec, 2017
New York City

Apple, Microsoft, Bank of America, Goldman Sachs, Citigrop and other global corporations announce plans to repatriate foreign income and take advantage of new tax laws. Uber sells 15% stake to Softbank worth $9 billion.

Modest 2017 Rise in European Markets, Airbus Signs $50 B Orders from Indigo

Sarla Buch
29 Dec, 2017
New York City

Airbus secured 430 Airbus A320neo order from India-based Indigo worth $50 billion. Banco BPM exceeds the capital requirements set by the European Central Bank and envisages the disposal of

Hedge Fund Opposes Kindred Healthcare Deal, Hunt Beats Estimate

Mukesh Buch
28 Dec, 2017
New York City

Apple is in talk with Riyadh for strategic investments in the region. Brigade Capital opposed Humana to deal with Kindred Healthcare. GE increases stake in Sweden-based Arcam Aktiebolag. J.B. Hunt declined despite beating fourth-quarter estimate.

Aegon to Sell U.S. Unit Stake to Scor, Orlen Bids for Unipetrol

Sarla Buch
28 Dec, 2017
New York City

Aegon plans to sell stake in the U.S. unit to France-based rival Scor SE. Nighthawk Energy agreed with its creditor to amend existing bank agreement. PKN Orlen oil refiner offered 380 crowns per share in its Czech downstream oil unit Unipetrol.

Apple Reported to Lowers iPhone X Estimate, Boeing Confirms Embraer Talks

Mukesh Buch
27 Dec, 2017
New York City

Apple is said to have lowered its fiscal 2018 first-quarter sales forecast for iPhone X. Aston Martin recall more than 5,000 vehicles in the U.S. Boeing confirmed talks to acquire Brazil-based jet aircraft maker Embraer.

Daimler, Barclays and European Corps Lift Outlook on U.S. Tax Revisions

Sarla Buch
27 Dec, 2017
New York City

Barclays will write-down $1.3 billion from the U.S. tax bill. Daimler lifted 2017 profit estimate after recent tax reform in the U.S. IWG stock surged after confirming takeover bid. Royal Dutch Shell said U.S. tax reform will be favorable to the group.

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