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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.

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.

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