ticker

Disney, Fossil, Macy's, Wendy

Mukesh Buch
11 May, 2016
New York City

Aramark reaffirmed earnings outlook and said net soared 11%. Disney net rose 2%. Fossil profit tumbled 85% on 9% decline in revenues. Macy''''s lowered earnings forecast. Wendy

Echostar Net Ahead of Expectations, MBIA Struggles

Mukesh Buch
10 May, 2016
New York City

A. M. Castle net loss widened to $36.9 million after sales declined 13%. Echostar profit surged 52%. MBIA net swung to a loss on 26% plunge in revenues. Dean Foods net swung to profit while revenues dropped 8%. Lumber Liquidators net loss widened on 10% drop in revenues.

European Markets Gain on Positive Earnings and Greek Outlook

Lucy Stoeva
10 May, 2016
New York City

European shares advanced on Tuesday as positive developments in Greece

European Markets Trade Sideways as Volatile Oil Closes Up

Lucy Stoeva
09 May, 2016
New York City

European markets closed mixed on Monday, tracking the movement in volatile oil prices and reflecting the weak international data from China. Alstria Office REIT said funds from operations grew 24.5% in the first-quarter of 2016. ITE Group

Krispy Goes Private, Charter Wins Regulatory Approval Time Warner Cable

Mukesh Buch
09 May, 2016
New York City

Charter Communications won final clearance to acquire Time Warner Cable. Krispy Kreme agreed to be taken private by Germany-based JAB. Freeport agreed to sell stake in TF Holdings to China-based Molybdenum. Drew net jumped 79%. HCP plans to spin off its HCR ManorCare portfolio.

Cognizant, Mohawk Net Jump; ArcelorMittal Net Loss Narrows

Mukesh Buch
06 May, 2016
New York City

Alleghany net and revenues surged. ArcelorMittal net loss narrowed. Cigna net loss fell 3% but revenues jumped 6%. Cognizant Tech net soared 15%. Consolidated Edison net declined 16% on 13% fall in revenues. Exelon profit tumbled 75%. Fiserv net soared 62%. Mohawk net soared.

Late Rebound In European Indexes After Mixed U.S. Employment Data

Lucy Stoeva
06 May, 2016
New York City

European markets erased earlier losses in a late rebound after the U.S. employment data sent offered mixed outlook. ArcelorMittal said loss narrowed and the steelmaker kept its 2016 guidance unchanged. Banca Monte dei Paschi di Siena posted higher-than-expected net income.

European Markets Close Flat, Centrica to Raise

Lucy Stoeva
05 May, 2016
New York City

European stock market indexes closed little changed after a choppy session. Concerns over China

Alibaba and Merck Net Surge, Kellogg Net Plunges

Mukesh Buch
05 May, 2016
New York City

Apache said net loss narrowed and lifted production forecast. Becton Dickinson profit and revenues surged. Alibaba net soared 85%. Church & Dwight revenues and profit rose. Kellogg net tumbled 23%. Merck net surged 19%. Occidental Petroleum net swung to profit.

Time Warner Profit Surges; Priceline, Western Union Decline

Mukesh Buch
04 May, 2016
New York City

Belden lifted revenues outlook. Humana net tumbled 46% and lowered earnings forecast. Noble Energy net loss widened after sales dropped. Priceline Group revenues and profit surged. Time Warner net soared 25%. Western Union profit slumped.

BHP Faces $44 B Legal Claim in Brazil, Air France and Soc Gen Fall on Earnings

Lucy Stoeva
04 May, 2016
New York City

European stocks extended losses on Wednesday as mining stocks fell on weak copper prices. Brazil sued BHP Billiton for $44.5 billion. Dialog Semiconductor reported sharply lower operating profit. U.K. supermarkets feel the pressure of German discount retailers.

European Markets Drop After HSBC, UBS and Commerzbank Disappoint

Lucy Stoeva
03 May, 2016
New York City

European stocks declined on Tuesday after banks reported weaker-than-expected earnings while mining companies retreated on lower metal prices. Commerzbank said net dropped 52%. UBS said first-quarter profit sharply fell due to weakness in wealth management. HSBC posted a decline in profits.

Halliburton Terminates Baker Merger Plan, Loews Net Falls

Mukesh Buch
02 May, 2016
New York City

Halliburton terminated $28 billion merger agreement with Baker Hughes. Alexander''s net soared 24%. Enbridge Energy and Helmerich & Payne revenues and profit tumbled. Loews net fell 6%. Mercury General net declined 11%. SYSCO net surged 23%. White Mountains net plummeted.

Fiat Chrysler, Ford April Sales Jump; GM Sales Fall

Mukesh Buch
03 May, 2016
New York City

Fiat Chrysler and Ford April sales jumped but GM sales fell. Cummins net and revenues tumbled. CVS Health net declined but sales jumped 19%. Duke Energy net plunged 20%. Ecolab net slid. Oracle agreed to acquire Opower Inc for $532 million. Pfizer sales and profit surged.

Chevron, Exxon, Phillips 66 Net Plunge; Amazon.com Net Swings to Profit

Mukesh Buch
29 Apr, 2016
New York City

American Tower net soared 35% on 19% jump in revenues. AstraZeneca net soared 13%. Amazon.com lifted revenues forecast after net swung to profit. Amgen net surged 17%. Chevron, Exxon, Phillips 66 revenues and profit declined. LinkedIn net loss narrowed.

Market Update