ticker

BNY Mellon Net Surges; American Airlines, eBay, Verizon Net Plunge

Mukesh Buch
20 Oct, 2016
New York City

American Airlines net plunged 56%. BNY Mellon profit surged 19%. Danaher net tumbled 72%. eBay net plummeted 23%. Illinois Tool net jumped 5%. Verizon profit plunged 10% on 7% decline in revenues. Walgreens net surged.

Lufthansa Soared on Outlook; LSE Sales Jump, Nestle Struggles

Sarla Buch
20 Oct, 2016
New York City

GEA sales fell 0.9% on weak sales in energy industry. Deutsche Lufthansa revenues dropped 2% but the international airline lifted fiscal outlook. London Stock Exchange revenues soared 19%. Nestle sales rose 1%. Publicis revenues slid.

Abbott, BB&T, Intel, Morgan Stanley, Yahoo Net Jump

Mukesh Buch
19 Oct, 2016
New York City

Abbott and net jumped 8%. BB&T profit surged 22%. Dover net tumbled 30%. Intel said quarterly profit and revenues soared 9%. Morgan Stanley net jumped 60% after bond trading revenue surged. Yahoo profit more than doubled on revenues increased 7%.

ASML, Carrefour, Reckitt Benckiser Sale Soar; Akzo, Metro Sales Fall

Sarla Buch
19 Oct, 2016
New York City

Akzo Nobel said revenues fell 4% on weak sales. ASML net surged 11% on 17% increase in revenues. Carrefour said sales rose 1%. Metro AG, Germany based retailer offered positive Christmas season sales. Reckitt Benckiser said revenues surged 17%.

Goldman Sachs, J&J, UnitedHealth Net Surge; Harley-Davidson Net Plunges

Mukesh Buch
18 Oct, 2016
New York City

BlackRock net rose 4%. Domino''s Pizza extended quarterly sales increase to 22nd quarter. Goldman Sachs net surged 58%. Grainger net fell 3% but revenues rose. Harley-Davidson net plunged 19%. IBM net slumped. J&J soared 24%. Philip Morris reported flat net. UnitedHealth net surged.

Burberry Sale Jump 4%, Ryanair Lowers Outlook

Sarla Buch
18 Oct, 2016
New York City

Burberry said total revenues jumped 4% to

BofA Net Jumped 6%, Supervalu Sells Discount Unit for $1.4 B

Mukesh Buch
17 Oct, 2016
New York City

Bank of America said quarterly net jumped 7%. Charles Schwab profit and revenues surged. Hasbro net soared 24% on 14% jump in revenues. J B Hunt net declined 5%. Lennox Intl net and revenues rose 6% but lowered fiscal outlook. Supervalu agreed to sell Save-A-Lot for $1.4 billion.

Continental to Buys Konrad Hornschuch, H&M September Sales Rises 1%

Sarla Buch
17 Oct, 2016
New York City

Continental agreed to buy Konrad Hornschuch for

Suedzucker Lifts Outlook; Unilever Sales Flat, WH Smith Sales Up 7%

Sarla Buch
13 Oct, 2016
New York City

Fraport said total passenger count in September set a new record of 5.9 million. Jupiter Fund said net inflows for the third-quarter were

Kellogg to Buys Brazil-based Parati; CSX, Delta Air, Progressive Net Drop

Mukesh Buch
13 Oct, 2016
New York City

CSX net and revenues plunged. Delta Air Lines net income fell on 6% revenues decline. Kellogg agreed to buy the Brazil-based Parati for $429 million. Lindsay net swung to profit after revenues jumped. Marriott Vacations net surged. Progressive net tumbled 29% but sales surged.

Citigroup, JPMorgan Net Decline; Wells Fargo Says Scandal Hurt Earnings

Mukesh Buch
14 Oct, 2016
New York City

Citigroup net declined 12% on 5% drop in revenues. Commerce Bancshares net and revenues soared 6%. JPMorgan net plunged but revenues jumped. Wells Fargo net fell.

DCC to Buy Hammer; Man Group, Provident Financial, Rank Group in Focus

Sarla Buch
14 Oct, 2016
New York City

DCC unit agreed to acquire Hammer for

Stanley Black in $2 B Deal with Newell, Polaris to Buy Transamerican

Mukesh Buch
12 Oct, 2016
New York City

Barracuda net swung to profit. Fortinet plunged after lowered revenues and profit forecast. Healthcare Services net soared. Polaris agreed to buy Transamerican Auto Parts for $665 million. Stanley Black agreed to acquire tools business of Newell Brands Inc for about $1.95 billion.

BASF, Ericsson and Premier Foods Sales Fall, Domino's Sales Surges

Sarla Buch
12 Oct, 2016
New York City

BASF said sales in the third-quarter declined 20% and operating income tumbled 23%. Domino''s Pizza total sales soared 12% and the pizza chain plans to open more stores. Ericsson said sales and operating income in the third-quarter plunged. Premier Foods sales declined 5%.

Alcoa Tumbles on Revenue Decline; Rent-A-Center, Seagate Plunge

Mukesh Buch
11 Oct, 2016
New York City

Alcoa net surged but revenues declined. Bank of The Ozarks net jumped. Fastenal net slumped 5%. GE intends to acquire LM Wind Power. Phillips 66 and its parent in a 30 asset deal. Seagate tumbled on weak outlook.

Market Update