Market Update

Germany Rejects Aixtron Takeover, Syngeta Falls on Deadline Miss

Sarla Buch
24 Oct, 2016
New York City

Aixtron plunged after German ministry rejected takeover by a China based company. Cobham tumbled after the satellite services provider lowered profit outlook. French Connection surged on takeover rumors. Petra Diamonds said production in the first-quarter surged 30%.

AT&T and Time Warner Explore Merger, Paypal Surges on Outlook

Mukesh Buch
21 Oct, 2016
New York City

GE net declined 20% and lowered revenues forecast. Honeywell net fell but revenues rose. McDonald''s net and comparable sales rose. Moody''s profit jumped 10%. Parker-Hannifin net soared 8% but revenues fell. Paypal lifted revenue forecast.

BAT Offers $47 B to Buy Remaining Reynolds Stake, Daimler Net Surges 13%

Sarla Buch
21 Oct, 2016
New York City

British American Tobacco offered for the remaining 58% stake in the U.S.-based Reynolds American for

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