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BMW, Fresenius Net Jump; Commerzbank, Lufthansa, Meggitt Net Drop

Sarla Buch
02 Aug, 2016
New York City

BMW net soared 12% after U.S. and Asia lead sales growth. Commerzbank net and revenues declined. Lufthansa profit dropped 55%. Fresenius lifted sales and profit outlook. Meggitt net tumbled 58%. Metro net swung to profit. Tullett Prebon net plunged.

Tesla Agrees to Buy SolarCity, Uber in $35 billion Deal in China

Mukesh Buch
01 Aug, 2016
New York City

BroadSoft net loss narrowed. CNA Financial net surged. Loews net swung to a loss. Tesla Motors agreed to acquire SolarCity for $2.6 billion. Uber agreed to sell its China unit in a $35 billion merger deal with Didi Chuxing. Verizon agreed to acquire Fleetmatics for $2.4 billion.

Glaxo, Verily to Invest

Sarla Buch
01 Aug, 2016
New York City

Air Liquide profit dropped 5% but revenues jumped 8%. Glaxo and Google owned Verily plans to invest

ArcelorMittal, HeidelbergCement, IAG Net Jump; Barclays, Diageo Net Drop

Sarla Buch
29 Jul, 2016
New York City

ArcelorMittal net surged but revenues plunged 13%. Barclays profit tumbled 31% on 9% drop in revenues. Diageo net declined 6%. Daimler plans to invest

Alphabet, Amazon, Merck Net Soar; Exxon Mobil, Ford Net Decline

Mukesh Buch
29 Jul, 2016
New York City

Alphabet net soared 43%. Amazon.com net and revenues surged. Chevron net swung to a loss and revenues plunged 24%. Exxon Mobil net tumbled 59% on 22% drop in revenues. Ford profit declined 9% but sales jumped. Merck profit soared 76%. United Parcel net rose 3%.

AstraZeneca, Rolls-Royce Net Swing to Loss; Credit Suisse Net Swing to Profit

Sarla Buch
28 Jul, 2016
New York City

AstraZeneca net swung to a loss. BAE Systems net jumped 5%. Credit Suisse net swung to profit bur revenues plunged 27%. Lloyds Banking net more than doubled. Rolls-Royce net swung to a loss. Shell profit tumbled 80%. Volkswagen net plunged 57%.

Colgate, Dow Chemical, Facebook, MasterCard, Reuters Net Jump

Mukesh Buch
28 Jul, 2016
New York City

Baker Hughes net loss narrowed. ConocoPhillips net loss widened. Colgate-Palmolive net rose 5%. Dow Chemical net surged nearly tripled. Facebook profit and revenues soared. MasterCard net grew 7%. Oracle agreed to buy NetSuite for $9.3 billion. Thomson Reuters net surged 25%.

Apple Profit Tumbles as iPhone Sales Decline; Comcast Net Falls

Mukesh Buch
27 Jul, 2016
New York City

Apple net tumbled 27% as iPhone sales declined 15% but managed to sell more cheaper version of the recently launched phone model. Coca-Cola net surged 11% lifted revenue forecast. Comcast profit dropped 5%. General Dynamics net rose 1%. Hilton net soared 48%. Northrop Grumman net fell 3%.

Airbus, Net Soars, Deutsche Bank Net Tumbles; Glaxo Net Swing to Loss

Sarla Buch
27 Jul, 2016
New York City

Airbus profit surged 16% and the aviation group booked fresh charges of

Du Pont, McDonald's Net Jump; 3M, Caterpillar, Verizon Net Decline

Mukesh Buch
26 Jul, 2016
New York City

3M net and revenues fell. Caterpillar net tumbled 31% on 16% decline in revenues. du Pont profit jumped 9%. Eli Lilly net surged 24%. Gilead Sciences net plunged 22%. Las Vegas Sands profit declined 30%. McDonald''s net rose 3%. Verizon profit slumped 81%.

AB InBev

Sarla Buch
26 Jul, 2016
New York City

AB InBev raised its takeover offer for SABMiller to

Carmike Accepted Revised AMC Offer. Sprint Soars

Mukesh Buch
25 Jul, 2016
New York City

Apollo Global agreed to buy Outerwall. Carmike accepted the revised merger offer from AMC Theatres. Kimberly Clark net swung to profit. Roper net slumped 8% but revenues jumped 5%. Sprint net loss widens but reported record first-quarter subscriber growth.

European Markets Lower On Weaker Oil; Julius Baer, Ryanair in Focus

Sarla Buch
25 Jul, 2016
New York City

Cranswick agreed to sell its Sandwich business to Greencore. Julius Baer said first-half revenues rose 1.2%. LVMH agreed to divest Donna Karan Intl unit. L''Oreal plans to buy U.S.-based IT Cosmetics. Ryanair profit jumped 4% as fares and unit costs decline.

European Markets Extend Weekly Gains; Vodafone, CRH and Skanska in Focus

Sarla Buch
22 Jul, 2016
New York City

European markets extended weekly gains. Big Yellow said revenues in the first-quarter surged 10%. CRH advanced on outlook. Skanska revenues plunged 8%. Vodafone said revenues in the first-quarter declined 4.5%.

Verizon Offers More for Yahoo; GE Net Swings to Profit

Mukesh Buch
22 Jul, 2016
New York City

American Airlines tumbled 44%. GE net swung to profit on 15% surge in revenues. Honeywell lowered revenues forecast. Moody''s net fell 2%. Whirlpool net surged 81% on flat revenues. Verizon is said to offer a higher bid beating rivals to acquire core internet business of Yahoo.

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