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Duke Energy Net Jump Despite Warmer Winter, Schein Posts Record Profit

Mukesh Buch
09 May, 2017
New York City

Aon net declined. Dean Foods net swung to loss but reaffirmed fiscal forecast. Duke Energy net jumped despite unseasonable mild weather. Henry Schein net surged on lower income tax expense and absence of restructuring costs. Office Depot struggles on weak customer store visits.

E ON Profit Drops on Weak Wind Volumes, Munich Re Reaffirms Outlook

Sarla Buch
09 May, 2017
New York City

Dialog Semiconductor profit plunged. E ON profit declined on weak sales in the U.K. business. GEA Group profit surged 61%. Munich Re reaffirmed outlook after profit soared 29%. Uniper lowered net debt by

Comcast, Charter to Offer Wireless Services, Petmed Soars 22%

Mukesh Buch
08 May, 2017
New York City

AES said net swung to a loss. Coach plans to acquire rival Kate Spade for $2.4 billion. Comcast and Charter plan to market wireless communication services. First Data net swung to profit. ITT reports solid earnings and offers positive guidance. Petmed reported better than expected sales and margins.

Akzo Nobel Rejects Third Hostile Bid from PPG

Sarla Buch
08 May, 2017
New York City

Akzo Nobel rejected third and revised

Cognizant Powers Ahead on Cloud Momentum, Cigna Lifted Forecast

Mukesh Buch
05 May, 2017
New York City

Air Lease revenues rose as new industry order slows and backlog grows worrying supply issues. Cognizant revenues soars but offers softer guidance and ramps up U.S. hiring. CIGNA lifted fiscal forecast and insurer was silent on Anthem petition with the Supreme Court.

European Markets Advance 2%; Vestas Profit Surges, IAG Profit Tumbles

Sarla Buch
05 May, 2017
New York City

The struggling Italian lender Banca Monte dei Paschi net swung to a loss. easyJet said passenger traffic in April jumped 12%. IAG profit tumbled and launched

Facebook Juggernaut Rolls On, Viacom Net Drops 60%

Mukesh Buch
04 May, 2017
New York City

Apache net swung to profit after revenues jumped 73%. Facebook net surged on mobile ads demand and solid user growth. Global Payments net plunged 19% but lifted full-year outlook. Kellogg net jumped 50%. PPL Corp net declined 16%. Viacom profit tumbled 60%.

InBev Struggles in U.S. and Brazil; Societe Generale, Shell Net Jump

Sarla Buch
04 May, 2017
New York City

InBev profit jumped but said it is struggling in the U.S. and Brazil. HSBC profit declined after change in the fair value of debt. Societe Generale net plunged and agreed to pay

With Steady Momentum, Apple Focuses on iPhone 8; Time Warner Net Drops

Mukesh Buch
03 May, 2017
New York City

Apple net and revenues jumped but iPhone sales fell. Clorox lifted earnings forecast. Exelon net surged on 16% jump in revenues. Estee Lauder profit jumped on improved demand. Harris net fell. Intercontinental Exchange net soared. Reynolds net plunged. Time Warner net jumped.

Sainsbury Down on Outlook, VW Cost Cuts Drives Earnings Higher

Sarla Buch
03 May, 2017
New York City

Fresenius lifted profit outlook. Hugo Boss said sales in the Americas dropped. Novo Nordisk profit jumped but narrowed fiscal forecast. Osram Licht net declined. Sainsbury net tumbled 20%. Volkswagen reaffirmed outlook.

MasterCard Transactions Jump 17%, ConocoPhillips Net swing to Profit

Mukesh Buch
02 May, 2017
New York City

Archer Daniels net surged 47%. Becton Dickinson net slightly increased. ConocoPhillips net swung to profit on sale of Canadian oil sands and gas assets. CVS Health net declined. Hilton profit plunged. MasterCard net soared. Pfizer net rose 3%.

BP Net Swing to Profit on Higher Oil Price, Osram Lifted Outlook

Sarla Buch
02 May, 2017
New York City

Aberdeen Asset Management net surged 13% on 11% jump in revenues. BP said net debt rose again on the Gulf of Mexico oil spill payments but net swung to profit. Bet-at-home.com profit tumbled 38%. Osram Licht lifted fiscal revenues and earnings forecast.

21st Century Fox, Blackstone to Buy Tribune, DISH Loses Subscribers

Mukesh Buch
01 May, 2017
New York City

21st Century Fox and Blackstone intends to acquire Tribune media. Alexander''''s net slid. Cardinal Health profit fell. DISH revenues dropped and lost TV subscribers. Loews profit soared on improved segment results. Mercury General net jumped.

Amazon, Microsoft and Alphabet Earnings Rise on Cloud Services

Mukesh Buch
28 Apr, 2017
New York City

Amazon net income surged after web services business revenues jumped 42%. Alphabet net soared on higher advertising revenues. Chevron and Exxon posted strong results on higher crude oil prices. Intel net jumped. Microsoft revenue misses expectations.

Barclays Net Tumbles on Africa Impairments, RBS Returns to Profit

Sarla Buch
28 Apr, 2017
New York City

Amundi reported strong net asset inflows primarily in treasury bonds products. Barclays profit tumbled 56% on goodwill impairment charges. Imerys announced strong quarterly results. Rexel said sales in the Europe and North America soared 12%. RBS net swung to profit for the first since 2015.

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