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Housing Boom Lifts Home Depot Sales, TJX Offers Cautious Holiday Views

Mukesh Buch
15 Nov, 2016
New York City

Dicks Sporting lifted earnings forecast. Estee Lauder agreed to acquire Too Faced, the feminine makeup brand for $1.45 billion. Home Depot net soared 18% and reaffirmed sales forecast. Reynolds American rejected $47 billion takeover offer from BAT.

Reynolds Rejects $47 B Offer from BAT, Vodafone Net Loss Widens

Sarla Buch
15 Nov, 2016
New York City

Reynolds American rejected $47 billion takeover offer from British American Tobacco. easyJet net declined 22% but carried 73 million passengers in the year so far. Merck profit and revenues surged and lifted operating profit forecast. Vodafone net loss widened.

Samsung Agrees to Acquire Harman Intl for $8 B, ViaSat Buys Arconics

Mukesh Buch
14 Nov, 2016
New York City

Aecom net surged but revenues declined. Enerplus net loss narrowed despite revenues plummeted 35%. Harman International agreed to be acquired by South Korea-based Samsung Electronics for $8 billion. InterOil net loss narrowed. ViaSat agreed to buy Ireland-based Arconics.

Siemens in $4.5 B Deal with Mentor Graphics; Greencore, RWE Net Decline

Sarla Buch
14 Nov, 2016
New York City

Greencore net declined 18% and the food maker plans to acquire the U.S.-based Peacock Foods. Intrum Justitia agreed to buy Norway-based rival for $2 billion. RWE net tumbled 99% after the utility financed a state nuclear-waste fund. Siemens agreed to buy Mentor Graphics $4.5 billion.

Disney Plans More Park Hotels, Nordstrom Earnings Lifts Retail Outlook

Mukesh Buch
11 Nov, 2016
New York City

Brookfield Asset Management net surged. CSW Industrials net plunged 49%. Dillard''s net declined 50%. J C Penney net loss narrowed and the retailer lifted comparable store sales forecast. Disney net soared 10% and opened sixth theme park. Nordstrom net swung to a loss.

Allianz Jumps as Pimco Fund Flow Turns Positive, Enel Profit Soar

Sarla Buch
11 Nov, 2016
New York City

Allianz net surged 35% as PIMCO attracts first positive net fund flows since 2013. Bechtle net and revenues jumped. Utility provider Enel net soared 32% but revenues declined 10%. Renewable energy provider Innogy net tumbled 30%. SIG tumbled after weak profit forecast.

Ralph Lauren Beats Expectations; Macy

Mukesh Buch
10 Nov, 2016
New York City

Cott net swung to a loss but revenues rose. Macy

Low Rates Sink Generali Net, Siemens to Spin Off Healthcare Unit

Sarla Buch
10 Nov, 2016
New York City

3i profit surged five-fold. Continental net tumbled 41%. Electrolux agreed to buy South Africa-based Kwikot for 2 billion kronor. The insurer Generali said net declined 6% after weak income in property and casualty business. National Grid net plunged 52%. Siemens net declined.

DISH Network Net Jumps; Coty, Energizer, Viacom Net Decline

Mukesh Buch
09 Nov, 2016
New York City

Coty net plunged 93% on weak demand. DISH Network net soared 57% and net new Pay-TV subscribers additions declined. Energizer net fell 7%. Endo Intl net loss narrowed and pharmaceuticals maker reaffirmed revenues forecast. Media General net loss widened. Viacom net tumbled.

Associated British Foods, Munich Re Net Soar; Burberry Net Plunges 40%

Sarla Buch
09 Nov, 2016
New York City

Associated British Foods net surged 59%. Alstom net swung to profit after revenues jumped 8%. Burberry net plunged 40%. E.ON net loss narrowed despite write down of assets related to spin-off. Munich Re net surged 30%.

Johnson Controls, News Corp, Valeant Pharma Net Swing to Loss

Mukesh Buch
08 Nov, 2016
New York City

CVS Health net surged 24% and revenues soared 16%. D.R. Horton net jumped 19% on 18% increase in revenues. Johnson Controls net swung to a loss on tax expenses related to the Adient spin-off and the Tyco merger. News Corp and Valeant Pharma net swung to a loss.

Credit Agricole, Deutsche Post Profit Jump; ArcelorMittal Net Swing to Profit

Sarla Buch
08 Nov, 2016
New York City

ArcelorMittal net swung to profit despite steel shipment and production declined. Credit Agricole profit doubled but revenues declined. Deutsche Post said profit more than double. Marks and Spencer net tumbled 91%. Total SA signed a preliminary agreement with Iran government.

Windstream, EarthLink in $1.1 B Deal; Cognizant, Sysco Profit Soar

Mukesh Buch
07 Nov, 2016
New York City

Blue Nile agreed to be acquired by Bain Capital and Bow Street for $500 million. Cognizant net surged 12% on 8% jump in revenues. Dean Foods profit plunged 28%. Rockwell Automation lifted revenue forecast. Sotheby

Ryanair Profit Surges 7%; HSBC, PostNL Net Swing to Loss

Sarla Buch
07 Nov, 2016
New York City

HSBC net swung to a loss after the bank booked $1.7 billion charge for selling its Brazil business. PostNL net swung to a loss and rejected higher takeover offer from Belgium-based rival Bpost. Ryanair profit surged 7% and plans for additional share buyback of up to

Dick Clark in $1 B Deal; Duke Energy, Humana Net Jump

Mukesh Buch
04 Nov, 2016
New York City

Ameren net jumped 8%. AES Corp net fell 3% on flat revenues. Duke Energy net soared 29%. Dick Clark Productions agreed to be acquired by China-based conglomerate Wanda Group. Humana net surged 43%. NRG Energy net surged five-fold but sales plunged. Revlon net swung to a loss.

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