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Wall Street Indexes Drop 2.5% on Rate Jitters and N. Korea Missile Test

Mukesh Buch
09 Sep, 2016
New York City

AEP Industries net and revenues dropped. Apigee agreed to be acquired by Alphabet for $625 million. Brady net swung to profit. Kroger net plunged 12% but revenues jumped. MasterCard sued for legal claim in U.K. for $18.7 billion on excessive swipe fees. Mattress Firm net swung to a loss.

European Market Drop 1% on Central Bank Comments

Sarla Buch
09 Sep, 2016
New York City

MasterCard faces

Argan, Chipotle, Calavo Jump; Casey's, HD Supply Decline

Mukesh Buch
07 Sep, 2016
New York City

Argan net jumped and revenues soared. Activist investor Ackman controlled funds acquired 10% stake in Chipotle Mexican Grill. Calavo Growers profit soared 48% on 13% jump in revenues. Casey''s General net rose 9%. HD Supply profit declined 10%. John Wiley & Sons net fell 4%. Valspar net surged 14%.

Ashtead, Barratt Net Surge; Sports Direct Plunges on Weak Forecast

Sarla Buch
07 Sep, 2016
New York City

Ashtead Group net surged 15%. Barratt Develop profit jumped 23% after average selling price soared 10%. Petroleo Brasileiro agreed to sell 90% of its natural gas pipeline unit to Brookfield Asset Management for $5.2 billion. Sports Direct plunged after weak forecast.

Enbridge in $28 B Deal with Spectra, Danaher to Buy Cepheid for $4 B

Mukesh Buch
06 Sep, 2016
New York City

Alere net swung to a loss. Danaher agreed to acquire Cepheid Inc for $4 billion. GE agreed to buy two European 3-D metal printing machines makers for $1.6 billion. Marvell Technology net swung to profit. Spectra Energy agreed to be acquired by Enbridge.

Fresenius in

Sarla Buch
06 Sep, 2016
New York City

Vietnam based Jetstar Pacific agreed to buy 10 additional A350 planes from Airbus. Arcam and SLM Solutions agreed to be acquired by GE for $1.5 billion. Bayer said it is prepared to lift its Monsanto offer. Fresenius agreed to acquire Spain-based Quironsalud for

BHP Divests Stake in Gas Field, BayWa to Buys Solarmatrix

Sarla Buch
05 Sep, 2016
New York City

BHP Billiton agreed to sell 50% stake of Australia-based gas field assets to Woodside Petroleum for $400 million. BayWa agreed to acquire Australian-based Solarmatrix. Dechra Pharmaceuticals net plunged 36% but revenues jumped 22%.

Lululemon Drops 8% on Outlook, VeriFone Plunges 16%

Mukesh Buch
02 Sep, 2016
New York City

Ambarella revenues 23% declined. Cooper Co profit doubled and revenues jumped 11%. Hurco net declined 26% on flat revenues. Lululemon net jumped 12% but the retailer offered weak revenue forecasts. VeriFone net swung to a loss.

Go-Ahead Profit Surges 37%, Rocket Internet Net Loss Widens

Sarla Buch
02 Sep, 2016
New York City

Go-Ahead net surged 37% on 5% increase in revenues. Rocket Internet said net loss in the first-half widened to

Ciena, Vera Bradley Jump; Campbell Soup, Genesco, Salesforce.com Decline

Mukesh Buch
01 Sep, 2016
New York City

Ciena net and revenues jumped. Campbell Soup net swung to a loss. Genesco profit doubled while sales dropped. Greif net soared. Joy Global net and revenues plunged. Methode Electronics net fell 10%. Salesforce.com net swung to profit and lifted fiscal outlook. Vera Bradley net slid.

Hays, Pernod Ricard Profit Soar; Elekta publ Net Loss Narrows

Sarla Buch
01 Sep, 2016
New York City

Elekta net loss narrowed and sales declined 15%. Grass Roots agreed to be acquired by the U.S.-based Blackhawk Network for

Bob Evans, Chico's, Caleres, TRC Jump; H & R Block Plunges 11%

Mukesh Buch
31 Aug, 2016
New York City

Brown-Forman net and revenues declined. Bob Evans profit rose but revenues fell. Chico''''s net soared while revenues plunged 7%. Caleres net surged 18%. H&R Block net loss widened after revenues declined 9%. TRC Companies net plunged 13% but sales jumped 16%.

BioMerieux, Iliad, Steinhoff Profit Jump; Bouygues Net Loss Narrows

Sarla Buch
31 Aug, 2016
New York City

Bouygues net loss narrowed after telecom business jumped 6%. BioMerieux profit surged 45% and lifted operating profit forecast. Commerzbank and Deutsche Bank are reportedly exploring a possible merger. Iliad net soared 17% on 7% jump in revenues. Steinhoff said fiscal revenues and profit surged.

EU Demands $14.6 B in Tax from Apple, Abercrombie & Fitch Plunges

Mukesh Buch
30 Aug, 2016
New York City

European Union regulators fined and demanded back taxes of $14.6 billion from Apple Inc. Abercrombie & Fitch plunged after net loss widened. DSW net declined 34%. G-III lowered fiscal outlook. Mondelez dropped its pursuit of Hershey. TiVo net surged 61% but revenues declined.

Barclays Exits Italian Retail Business; Bunzl and Braemar in Focus

Sarla Buch
30 Aug, 2016
New York City

Bunzl completed the acquisition in Canada and agreed to buy Hungary-based food services supplier. Braemar Shipping plunged after weak fiscal outlook. Mediobanca agreed to buy Barclays

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