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Fortress Agrees to $3.3 B Deal with SoftBank, AIG Net Loss Widens

Mukesh Buch
15 Feb, 2017
New York City

AIG said net loss widened. Analog Devices net and revenues surged. Agilent Technologies soared 39%. Fortress Investment surged after SoftBank agreed to be acquire for $3.3 billion. Fossil net declined 29%. Hilton net swung to a loss. PepsiCo net plunged 18%.

Air Liquide Confident of Growth, Write Down Drags Credit Agricole Net

Sarla Buch
15 Feb, 2017
New York City

Akzo Nobel net plummeted 34%. Air Liquide revenues and net jumped after integration of Airgas. ABN AMRO net soared 23%. Credit Agricole net tumbled 67%. Heineken net plunged 19%. Nex revenues soared on bond market volatility.

Aetna and Humana Abandon Merger Plan; Discovery, T-Mobile Net Soar

Mukesh Buch
14 Feb, 2017
New York City

Aetna and Humana mutually ended the $34 billion mega-merger deal. Discovery Communications net soared 39%. Diebold Nixdorf net swung to a loss. FLIR lifted 2017 outlook. Lincoln Electric net jumped 10%. T-Mobile US net soared 31%. Watsco profit surged 12%.

Record Loss at Rolls-Royce, Credit Suisse, TUI Net Loss Narrow

Sarla Buch
14 Feb, 2017
New York City

Credit Suisse net loss narrowed and plans to eliminate 5,500 jobs this year. EDF net more than doubled. Rolls-Royce net swung to a record loss of

Allergan in $2.5 B Deal with Zeltiq, Teva Pharma Net Swings to Loss

Mukesh Buch
13 Feb, 2017
New York City

Allergan agreed to acquire Zeltiq for $2.5 billion. First Data net swung to profit. HCP net swung to profit after revenues jumped. Insperity net surged 51%. Teva Pharmaceutical net swung to loss but reaffirmed revenues outlook. Versum net tumbled 75%. WEX profit plunged 22%.

Aurubis Confirms Outlook, Ipsen Buys Portfolio of Products from Sanofi

Sarla Buch
13 Feb, 2017
New York City

Aurubis net swung to profit despite scheduled shut-down. The debt laden online bank Co-Operative Bank is looking for capital injection or a buyer. Ipsen agreed to buy five consumer healthcare products from Sanofi. Peugeot agreed to acquire India-based passenger car brand Ambassador.

CBRE Soars on Earnings Surprise, Expedia Focuses on Recent Acquisitions

Mukesh Buch
10 Feb, 2017
New York City

ArcelorMittal net tumbled 41%. Activision Blizzard net surged 60%. CBRE profit jumped 47%. Expedia net swung to profit. Mohawk Ind net soared 22% and the flooring maker lifted earnings forecast. NVIDIA net more than tripled. Reynolds American net surged three-fold. Ventas beats estimates.

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Sarla Buch
10 Feb, 2017
New York City

Kering net surged 17% on 7% increase in revenues. L''Oreal net declined 6% and cosmetic products maker said Body Shop. Reckitt Benckiser agreed to buy the U.S.-based Mead Johnson for

Twitter Plunges As Growth Stalls, Coca Cola Results Lack Fizz

Mukesh Buch
09 Feb, 2017
New York City

Boeing secured 39 wide-body airplanes from Singapore Airlines. Cummins net surged. CVS Health net jumped 14%. Coca-Cola profit tumbled 56%. DTE Energy net soared 64%. Kellogg net advanced 16%. Reuters net surged on sell of IP & Science business unit. Twitter net loss widened.

SocGen Earnings Get Boost from Retail Banking, Total SA Beats Estimates

Sarla Buch
09 Feb, 2017
New York City

Eutelsat net fell 2%. Glaxo net swung to profit on new products sales. Henderson net plunged 32%. Societe Generale net tumbled 41% but profit in retail banking soared and the bank raises provision for litigation costs. Smith & Nephew net surged 91%. Total SA net swung to profit.

Cognizant to Return $3.4 B to Shareholders, Disney Misses Revenue Target

Mukesh Buch
08 Feb, 2017
New York City

Allergan net loss narrowed. Cognizant net fell 2%. Exelon net plunged 34%. Humana net swung to a loss and the company plans to offer more . Jacobs Engineering net soared 30%. Owens Corning net slumped 21%. Disney net declined 14%. Time Warner net tumbled 66%.

Rio Tinto Returns Cash on Iron Ore Boom, Sanofi Net More Than Doubles

Sarla Buch
08 Feb, 2017
New York City

Maersk net swung to a loss but forecasted profit to improve to about $1 billion in fiscal 2017. Carlsberg net swung to profit. Rio Tinto plans to buy back shares up to $500 million. Sanofi net more than doubled. Vestas Wind net surged 41%.

Record Earnings at GM, Kors Plunges on Weak Hand Bag Sales Outlook

Mukesh Buch
07 Feb, 2017
New York City

Arrow Electronics plunged on weak outlook. Archer Daniels net tumbled 41%. Cardinal Health profit slid but revenues jumped. Church & Dwight net rose. GM profit plunged 71% while revenues soared 11%. Intercontinental Exchange net surged 12%. Omnicom net jumped.

BP Earnings at 10-Year Low as Oil Struggles to Rally, StatOil Loss Widens

Sarla Buch
07 Feb, 2017
New York City

BP net swung to profit and revenues jumped 6%. BNP Paribas profit surged 15%. Hannover Re said preliminary net income rose 2% to

Higher Ad Revenues Lift 21st Century Fox, Lowe's Net Swing to Profit

Mukesh Buch
06 Feb, 2017
New York City

FMC net swung to profit and revenues fell 4%. Twenty-First Century Fox net surged 27%. Hasbro net and revenues jumped. Lowe''s net swung to profit. Sysco revenues surged 11%. Tyson Foods net soared 29%.

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