ticker

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

Stanley Black in $2 B Deal with Newell, Polaris to Buy Transamerican

Mukesh Buch
12 Oct, 2016
New York City

Barracuda net swung to profit. Fortinet plunged after lowered revenues and profit forecast. Healthcare Services net soared. Polaris agreed to buy Transamerican Auto Parts for $665 million. Stanley Black agreed to acquire tools business of Newell Brands Inc for about $1.95 billion.

BASF, Ericsson and Premier Foods Sales Fall, Domino's Sales Surges

Sarla Buch
12 Oct, 2016
New York City

BASF said sales in the third-quarter declined 20% and operating income tumbled 23%. Domino''s Pizza total sales soared 12% and the pizza chain plans to open more stores. Ericsson said sales and operating income in the third-quarter plunged. Premier Foods sales declined 5%.

Alcoa Tumbles on Revenue Decline; Rent-A-Center, Seagate Plunge

Mukesh Buch
11 Oct, 2016
New York City

Alcoa net surged but revenues declined. Bank of The Ozarks net jumped. Fastenal net slumped 5%. GE intends to acquire LM Wind Power. Phillips 66 and its parent in a 30 asset deal. Seagate tumbled on weak outlook.

Ted Baker Net Surges 24%, LVMH Jumps on 4% Revenue Increase

Sarla Buch
11 Oct, 2016
New York City

Airbus won an order of 50 helicopters from Poland. Infineon Technologies agreed to buy the Netherland-based chip maker Innoluce. LVMH said revenues jumped 4%. Ted Baker jumped after revenues and profit soared. Victrex said group revenues surged.

Calpine in Deal with Noble; Dover Lowers Estimates, Twitter Plunges

Mukesh Buch
10 Oct, 2016
New York City

Calpine agreed to buy Noble Americas Energy Solutions for $1.05 billion. Citigroup agreed to sell its consumer business in Argentina to Banco Santander Rio. Dover lowered its profit and sales forecast in the year. Twitter tumbled it won

Europe Movers: BAE Systems, Lafargeholcim, Swiss Life, Vivendi, William Hill

Sarla Buch
10 Oct, 2016
New York City

BAE Systems signed ten year extension contracts from Royal Navy. Lafargeholcim agreed to sell its 54.3% stake of Chile-based unit. Swiss Life agreed to buy Mayfair Capital. William Hill and Amaya agreed on merger terms.

Snapchat Plans $25 billion IPO, Honeywell and PPG Lower Estimates

Mukesh Buch
07 Oct, 2016
New York City

Advanced Semiconductor Engineering said revenues in the third-quarter slid. Honeywell and PPG Industries lowered earnings per share forecast. Helen of Troy net soared 16%. Mistras Group net fell 4%. Ruby Tuesday net loss widened. Snapchat plans for $25 billion IPO.

Vodafone Pays

Sarla Buch
07 Oct, 2016
New York City

EDF sold $2.66 billion Formosa Bond from twenty investors and

Market Update