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Beazer Swings to Profit on Higher Home Prices, Target Disappoints

Mukesh Buch
15 Nov, 2017
New York City

Beazer Homes net swung to profit. Children''s Place beats profit estimate and lifted fiscal 2017 outlook. Meritor revenues surged on higher production and new business wins. Sally Beauty blamed profit decline on natural catastrophes. Target holiday estimate disappoints Wall Street.

GE Plunges on Outlook Worries, Home Depot Lifts Estimates

Mukesh Buch
14 Nov, 2017
New York City

Advance Auto Parts surges on upbeat estimate. Aramark declined. Dicks Sporting Goods warns on margins but lifted fiscal outlook. GE lowered cash flow and dividend estimate. Home Depot profit jumped and lifted full-year forecasts. TJX net jumped.

Airbus Signs 430 Aircrafts Deal with Indigo, Hapag-Lloyd Freight Volume Surges

Sarla Buch
15 Nov, 2017
New York City

Airbus signed contracts for 430 aircrafts at Dubai Air Show. Hapag-Lloyd said marine transport volume surged 24%. TalkTalk booked a loss on restructuring costs. Wirecard lifted full-year profit guidance.

Henkel and Alstom Show Signs of Strength; Vodafone Revised Estimate Higher

Sarla Buch
14 Nov, 2017
New York City

Alstom reaffirmed fiscal outlook and highlighted stable order book. EDF confirmed to sell its Polish assets. Henkel reported strong performance. Vodafone operating profit hurt from pricing war and new taxes but telecom operator sounded optimistic note. United Internet profit jumped.

Boeing Wins Strong Orders at Dubai Show, Qualcomm Rejects Broadcom Offer

Mukesh Buch
13 Nov, 2017
New York City

Aecom net surged on 12% jump in revenues. Boeing secured strong orders at the opening of Dubai Air Show. Qualcomm rejected $103 billion offer from Broadcom. Tyson Foods net slid but revenues soared 10%.

EDF Tumbles on Weak Forecast, Innogy Writes Down Asssets in Npower

Sarla Buch
13 Nov, 2017
New York City

EDF tumbled on weak fiscal 2018 outlook. Innogy booked

Arcelor Mittal Earning Beats Expectations, JC Penney Loss Widens

Mukesh Buch
10 Nov, 2017
New York City

Arcelor Mittal reported better-than-expected results. JC Penney said net loss widened on weak sales. Macy

Allianz Expands Stock Buy Back Plan, Vallourec Narrowed Loss

Sarla Buch
10 Nov, 2017
New York City

Allianz profit jumped despite catastrophe hit but lowered fiscal profit outlook. Bechtle lifted fiscal 2017 sales and profit forecast. Freenet profit surged 55% on 8% jump in revenues. Leonardo tumbled after weak revenues and profit estimate. Vallourec net loss narrowed.

AstraZeneca Net Slumps on Weak Crestor Sales, MGM Net Drops

Mukesh Buch
09 Nov, 2017
New York City

AstraZeneca profit slumps on weak sales of Crestor. Magna International sales jump after higher production in Europe. MGM Resorts profit tumbled but revenues surged 18%. Office Depot profit plunged 52%. Time revenues fell as ad revenues declined.

Siemens Signals Restructuring, Munich Re Result Hits by Catastrophes

Sarla Buch
09 Nov, 2017
New York City

Credit Agricole reported weak trading revenues. Engie profit declined after asset disposals in the U.S. and Indonesia. Munich Re said natural catastrophe losses dominate third quarter results. Siemens industrial profit declined and highlighted struggles in turbine and wind power businesses.

Energizer Sales on Hurricane Related Demand, Global Payments Beats Estimates

Mukesh Buch
08 Nov, 2017
New York City

Cable One plunged after executive chairman announced retirement. CGI Group net declined on one-time charges. Conduent net swung to a loss on weak revenues. Energizer net surged on hurricanes related revenues. Global Payments earnings beat estimates.

Hannover Re Earnings Take Hurricane Hit, M&S Steps Up Closures

Sarla Buch
08 Nov, 2017
New York City

HeidelbergCement profit rebounds on cost controls. Hannover Re earnings drop on catastrophic losses. Marks & Spencer said it will step up apparel store closures and slow down stand-alone food store expansion. Symrise jumped on strong growth in pet food and strong demand in new flavor segment.

LGI Homes Report Strong Revenue Growth, Zebra Tech Net loss Narrows

Mukesh Buch
07 Nov, 2017
New York City

Aclaris Therapeutics said net loss in the third-quarter widened. AdvanSix net and profit jumped. CBOE Global Markets net soared. LGI Homes net surged on strong revenue growth. TopBuild net jumped. Zebra Technologies net loss narrowed.

BMW, VW Offer Cautiously Positive Outlook; Asso British Foods Net Soars

Sarla Buch
07 Nov, 2017
New York City

Associated British Foods reported double-digit increase in profit and revenues. BMW net soared and the automaker lifted pretax profit forecast. Legrand lifted fiscal 2017 outlook. Porsche said Volkswagen rose. Veolia Environnement net and revenues increased.

Broadcom Offers $130 B to Qualcomm, Marvell Pursues Cavium

Mukesh Buch
06 Nov, 2017
New York City

Altice USA and Sprint agree to form a wireless partnership. Broadcom offers to buy Qualcomm for $130 billion. Biglari third-quarter net loss narrowed. Marvell Technology is in merger talk with Cavium.

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