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American Airlines, UPS Earnings Down on Higher Fuel Costs, Comcast Net up

Mukesh Buch
27 Apr, 2017
New York City

American Airlines and UPS net suffer on higher fuel costs. Bristol-Myers lifted forecast. Comcast earnings rise on higher growth in cable subscribers. Dow profit jumped five-fold. Ford profit was dented on recall costs and lower sales.

Deutsche Bank Returns to Profit, Lloyds Banking Profit Doubles

Sarla Buch
27 Apr, 2017
New York City

Bayer lifted revenues forecast after strong business in specialty plastics division. Banco Bilbao net jumped 69%. Deutsche Bank reported lower-than-expected revenue on negative impact of credit spreads. Lloyds Banking reported strong financial performance.

Boeing Reaffirms Plane Delivery Target, Pepsi Benefits from Price Hike

Mukesh Buch
26 Apr, 2017
New York City

AT&T revenue falls on record-low wireless equipment sales. Boeing reaffirmed forecast on commercial airplane deliveries. Hess net loss narrowed. PepsiCo profit surged. P&G profit falls on stronger dollar. Rockwell lifted fiscal year outlook.

Daimler Net Doubled on Strong Car Sales, Credit Suisse Net Swing to Profit

Sarla Buch
26 Apr, 2017
New York City

Air Liquide profit jumped after segment revenues surged. Boohoo.Com profits doubled after rapid overseas expansion. Credit Suisse net swung to profit and plans to raise 4 billion Swiss francs through a rights offering. Daimler net doubled and lifted profit outlook.

3M, Caterpillar Lift Outlook, McDonald's Delivers Stronger Turnaround

Mukesh Buch
25 Apr, 2017
New York City

3M lifted earnings outlook. Caterpillar beats earnings expectations and raises outlook. Coca-Cola net slumped on bottling refranchising costs. Lockheed Martin net plunged but expects more international orders. McDonald''s shows stronger performance on all-day breakfast.

LVMH Offers

Sarla Buch
25 Apr, 2017
New York City

ams AG, the maker of sensors said net swung to a loss. Troubled Ericsson reported higher than expected losses as the telecom maker struggles with double digit sales decline. LVMH offered

Becton Dickinson to Buy CR Bard; Hasbro, Illinois Tool Net Jump

Mukesh Buch
24 Apr, 2017
New York City

C R Bard agreed to be acquired by Becton Dickinson for $24 billion. Chevron agreed to sell its three Bangladesh gas fields. Halliburton net swung to a loss despite revenue in North America jumped 24%. Hasbro profit soared 41%. Kimberly Clark net rose.

French Election Results Lift European Markets, Akzo Warms Up to PPG Offer

Sarla Buch
24 Apr, 2017
New York City

Akzo Nobel agreed to consider the revised higher offer of

GE Net Swing to Profit; Honeywell, Rockwell, Stanley Black Lifted Outlook

Mukesh Buch
21 Apr, 2017
New York City

GE net swung to profit. Honeywell lifted fiscal outlook. Interpublic said net in the first-quarter soared four-fold. Mattel net loss widened. Rockwell Collins lifted full-year sales forecast. Stanley Black profit doubled. Schlumberger net swung to profit.

SNC-Lavalin Agrees to Buy WS Atkins for

Sarla Buch
21 Apr, 2017
New York City

Adesso reaffirmed fiscal 2017 outlook. WS Atkins agreed to be acquired by Canada-based rival SNC-Lavalin for

eBay Falls on Weak Outlook; BB&T, Philip Morris, Qualcomm, Verizon Net Drop

Mukesh Buch
20 Apr, 2017
New York City

American Express net declined 13%. BNY Mellon net jumped 10%. BB&T net tumbled 28%. Danaher net plunged 33% but reaffirmed earnings forecast. eBay fell on weak outlook. Philip Morris net slumped. Qualcomm net and revenues plunged. Travelers net declined. Verizon net tumbled.

ABB Backlog Declines; Nestle, Unilever Sales Rise, SKY Profit Plunges

Sarla Buch
20 Apr, 2017
New York City

ABB profit surged but order backlog declined. The U.K. sells Green Investment Bank for

IBM Revenue Hurts on Weak Demand, Morgan Stanley Profit Jump on Trading

Mukesh Buch
19 Apr, 2017
New York City

Abbott net surged. BlackRock profit jumped 31% on index funds business. IBM net declined 10% on 3% drop in revenues on weak hardware demand. Lithia Motors net surged. Morgan Stanley net soared. U.S. Bancorp net jumped 4%. Yahoo net swung to profit.

Primark Drives AB Food Profit Growth; L'Oreal and Burberry Results Diverge

Sarla Buch
19 Apr, 2017
New York City

AB Food profit surged 81%. Burberry plunged after the luxury retailer lowered profit forecast. Henderson said net asset outflows in the quarter were

BofA, Schwab Beat Expectations, Goldman Sachs Misses Estimates

Mukesh Buch
18 Apr, 2017
New York City

Boeing plans to lay off hundreds of engineers. Bank of America net surged 47%. Charles Schwab net soared 37% on 18% increase in revenues. Goldman Sachs net jumped 83%. J&J lifted sales forecast. Netflix net and revenues soared. Grainger lowered forecast.

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