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Calavo Growers, Thor, Urban Outfitters Surge; Navistar Declines

Mukesh Buch
08 Mar, 2016
New York City

Calavo Growers net surged 20%. Dicks Sporting net declined 17%. Navistar Intl net loss narrowed and revenues plummeted 27%. Saga Communications plunged 16%. Thor Industries net surged 56%. Urban Outfitters net slumped 9%.

German Manufacturing Slows Down, SeaDrill Extends Recent Surge

Lucy Stoeva
07 Mar, 2016
New York City

European shares retreated on weakening German manufacturing data and interest rate jitters ahead of the ECB meeting. French utility EDF slumped after the CFO resigned. SeaDrill extended gains and soared 60% on its refinancing plans.

Supreme Court Rejects Apple e-book Appeal

Mukesh Buch
07 Mar, 2016
New York City

Apple Inc may have to pay $450 million in fines and fees linked to e-books price-fixing inquiry. Federated National net declined 7% but revenues surged 30%. Greif net swung to a loss. Lumos Networks plunged 21%. Superior Industries Intl jumped after profit soared.

US Jobs Data Boosts European Markets, Seadrill Vaults 39%

Lucy Stoeva
04 Mar, 2016
New York City

European market indexes recorded solid gains after the strong U.S. jobs report. Norway-based Seadrill surged 38.8% on debt refinancing speculation. Gemalto soared 9.1% to a seven-year high, after the software maker forecasted rising profitability in 2016.

Cooper Beats Expectations, Staples Swings to Profit

Mukesh Buch
04 Mar, 2016
New York City

Big Lots net edged up as sales fell 0.6%. Cooper profit plunged 16%. Hurco net rose 3%. Staples net swung to profit while net sales declined 7%. Under Armour reiterated revenues and operating income forecast.

Service Sector Struggles Across Europe, Evonik Drops to a 3-Year Low

Lucy Stoeva
03 Mar, 2016
New York City

European markets closed slightly lower as investors digested latest service sector surveys in the region. Evonik hit a three-year low on a weaker 2016 outlook. Insurer Admiral Group surged after posting 6% growth in 2015 pre-tax profit.

Barnes & Noble, Joy Global Soar; Ciena, Kroger, Stage Stores Plunge

Mukesh Buch
03 Mar, 2016
New York City

Barnes & Noble net surged 11%. Burlington Stores net and revenues rose 4%. Ciena net loss narrowed after revenues jumped. Joy Global net swung to a loss on 25% decline in revenues. Kroger profit soared 8%. Stage Stores net plunged 52%. Tech Data net surged 19%.

Volatile Energy and Finacnial Stocks in Europe, Luxottica, Subse 7 in Focus

Lucy Stoeva
02 Mar, 2016
New York City

European markets were volatile tracking the oil market volatility and jitters related to banking sector. Subsea 7 plans to cut 4,000 jobs to deal with sliding oil prices. Luxottica plans to buy back shares.

Bob Evans, Forestar, Ross Stores, Tribune Jump; FairPoint Drops

Mukesh Buch
02 Mar, 2016
New York City

Abercrombie & Fitch profit jumped. Bob Evans net surged but sales fell. Forestar net loss narrowed after revenues surged. FairPoint and Milacron net swung to profit but revenues dropped. Ross Stores net soared. Tribune Publishing net swung to a loss. TiVo net tumbled.

European Manufacturing Growth Slows down; Barclays, Glencore in Focus

Lucy Stoeva
01 Mar, 2016
New York City

European market indexes rose on Tuesday on merger talks. Manufacturing sector growth declined in China and in the euro zone. The LSE, in merger talks with Deutsche B

Fiat Chrysler, Ford February Sales Jump; GM Sales Falls

Mukesh Buch
01 Mar, 2016
New York City

AutoZone net soared 8%. Dollar Tree profit jumped 4%. Donaldson net plunged 21%. Fiat Chrysler February sales surged 12% and Ford sales surged 20% while GM sales fell 2%. Intercontinental Exchange may bid for London Stock Exchange. Medtronic net soared 13%.

BroadSoft, Federal-Mogul, Icahn Entp, Tribune Advance

Mukesh Buch
29 Feb, 2016
New York City

Aegion net loss widened on 6% decline in revenues. BroadSoft surged after profit and revenues soared. Enstar net jumped. Federal-Mogul net loss narrowed on flat revenues. Icahn Entp net loss widened. Tribune Media net swung to a loss. Workday net loss widened and subscription revenue surged 44%.

European Markets Finish February With 2% Loss on Deflation Worries

Lucy Stoeva
29 Feb, 2016
New York City

European markets closed mixed on Monday after central bank in China stimulus offset the inconclusive G-20 nations meeting. Victoria Oil & Gas posted revenue increase of 63%. Italian banks continued to drift lower on loan loss worries.

Europe at 3-Week High as Volatile Oil and Metal Prices Rebound

Lucy Stoeva
26 Feb, 2016
New York City

European markets extended gains on Friday on the back of the gain in resource sector overwhelming inflation data from Germany and France. Wind turbine maker Gamesa posted 85% increase in 2015 net profit. Oil producer Eni cut investments to maintain dividends.

European Markets Jump 2%; Lloyds, Seadrill and Technip Surge

Lucy Stoeva
25 Feb, 2016
New York City

European markets rebounded after positive news from key financial and energy companies overshadowed a selloff in China and a drop in oil prices. Technip increased its quarterly profit by 27%. Seadrill announced a refinancing plan. Lloyds will pay a special dividend.

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