Login
Breaking News
Nvidia   Target Corp.   Dolby Laboratories   Onsemi   Home Depot   Walt Disney   StubHub   Applied Materials   Sweetgreen  

Market Update

Philips, Electrical Geodesics in

Sarla Buch
28 Jun, 2017
New York City

Dutch government lowered ABN AMRO stake by 7%. Bunzl forecasted revenues in the second-half to jump 7%. Dixons Carphone profit surged. Legrand plans to buy the Milestone AV Tech for $950 million. Stagecoach net soared. Philips in

EU Issues Record Fine On Alphabet, Darden Jumps on Outlook

Mukesh Buch
27 Jun, 2017
New York City

Computer Services net surged on 15% jump in revenues. Darden Restaurants net plunged but the restaurant operator lifted revenues forecast. FactSet Research net dropped but revenues soared. The EU levied record fine on Alphabet of $2.7 billion. NovaGold net loss narrowed.

Bankia in Spain Acquires BNM, Northgate Plunges

Sarla Buch
27 Jun, 2017
New York City

Bankia agreed to acquire state owned BMN. Carpetright net plunged. Northgate reported weak demand for vehicles. Schaeffler, Germany based auto parts maker lowered profit forecast. Bain Capital and Cinven canceled takeover plan for Stada Arzneimittel.

Key Safety agrees to Buy Bankrupt Takata, Martin Marietta to Buy Bluegrass

Mukesh Buch
26 Jun, 2017
New York City

Martin Marietta agreed to buy privately held Bluegrass Materials Co for about $1.63 billion. Key Safety agreed to acquire defective airbag maker Takata Corp for $1.6 billion. Berkshire Hathaway subsidiary acquired 10% stake in Store Capital.

Activist Targets Nestle, Two Bank Bail Out in Italy Costs

Sarla Buch
26 Jun, 2017
New York City

Banco Bpm plans to sell up to

Bed Bath & Beyond Drops to 7-Year Low, BlackBerry Swings to Profit

Mukesh Buch
23 Jun, 2017
New York City

Apogee net dropped but revenues jumped. AVEO Pharma surged on the approval of its cancer drug in Europe. Bed Bath & Beyond stock dropped to a 7-year low. BlackBerry net swung to profit. Siris Capital offered to acquire Synchronoss for $835 million.

After 7 Years Allied Irish Listed Again, Rio Tinto Repurchases $2.5 B Bonds

Sarla Buch
23 Jun, 2017
New York City

The Irish government sold 25% stake in Allied Irish Banks to raise

Oracle Jumps on strong Cloud Demand, Carnival Lifted Quarterly Outlook

Mukesh Buch
22 Jun, 2017
New York City

Accenture issued weak fiscal forecast. Barnes & Noble revenues declined 6%. Carnival lifted earnings forecast. Oracle net surged on strong cloud demand. Staples may consider an offer to go private.

Standard Life Wins Final Approval for Aberdeen, Ducati Sale Intensifies

Sarla Buch
22 Jun, 2017
New York City

U.K. regulator approved

SUV and Truck Sales Lift CarMax; FedEx Net Swings to Profit

Mukesh Buch
21 Jun, 2017
New York City

Actuant declined after the industrial products maker lowered fiscal outlook. Adobe reported better than expected results on the surge in cloud revenue. FedEx lifted dividend. CarMax net jumped 5%. Korn/Ferry net soared. Red Hat sustained revenue momentum.

Prosiebensat Sells Swedish Unit; Whitbred Jumps on Hotels, Costa Momentum

Sarla Buch
21 Jun, 2017
New York City

Centrica sells two power plants to Czech power producer. The investment manager IP Group offers to buy rival Touchstone for $587 million. Prosiebensat 1 sells its Swedish online travel agency for

Boeing Outlook Anchors on Asia, Parexel Agrees to Go Private

Mukesh Buch
20 Jun, 2017
New York City

Boeing revised higher its industry outlook for the next decade. CAI International lifted second-quarter forecast. Lennar net fell 2% but revenues soared 17%. Parexel agreed to go private for $5 billion.

Barclay

Sarla Buch
20 Jun, 2017
New York City

Barclay

France Based Engie Buys Stake in Tabreed, PerkinElmer to Buy Euroimmun

Sarla Buch
19 Jun, 2017
New York City

Engie agreed to buy 40% stake in Dubai-based National Central Cooling Co. Europcar agreed to acquire rival Goldcar in a

EQT in $6.7 B Deal with Rice Energy, AerCap orders 30 Boeing 787-9 Jets

Mukesh Buch
19 Jun, 2017
New York City

EQT agreed to buy Rice Energy for $6.7 billion. Hess agreed to sell its enhanced oil recovery assets in Permian Basin in Texas. Lockheed Martin and Tata agreed to make F-16s in India. Stryker agreed to buy Novadaq.