ticker

Big Lots, Caleres, Deckers Ulta Salon Jump; Palo Alto Tumbles

Mukesh Buch
27 May, 2016
New York City

Big Lots net and sales rose 3%. Caleres net declined 8%. Deckers Outdoor, Palo Alto Networks and Splunk net loss widened. Multi-Color net plunged 29% but revenues surged 11%. NGL Energy net swung to a loss. Ulta Salon profit jumped 37% on 14% surge in revenues.

European Banks Drop after Banco Popular Announced Rights Issue

Lucy Stoeva
26 May, 2016
New York City

European markets closed higher but gains were limited after banks recorded another down day. Banco Popular surprised investors with an announcement of

Dollar Tree Surges 12%, Abercrombie & Fitch Plunges 17%

Mukesh Buch
26 May, 2016
New York City

Abercrombie & Fitch net loss narrowed. Chico''s net and sales fell. Costco profit rose 6%. Dollar Tree net and revenues surged. Dollar General net soared 17%. Fred''s net swung to profit. Genesco net jumped 5%. RBC Bearings net surged 27%. Sears net loss widened. Tech Data net plunged 35%.

European Markets Higher on Greek Debt Deal and Higher Oil

Lucy Stoeva
25 May, 2016
New York City

European markets recorded solid gains on Wednesday after Greece reached an agreement with its creditors to unlock bailout funds, while oil price advanced and boosted energy stocks. Marks & Spencer lost 10.2% after the retailer warned that apparel business restructuring would hurt short term profit.

CSC, Hewlett Packard, Thermon Soar; Express, Intuit, Tiffany Fall

Mukesh Buch
25 May, 2016
New York City

Computer Sciences net swung to a loss after sales declined. Express net fell and the retailer lowered income forecast. Eaton Vance slid 6%. Hewlett Packard Enterprise jumped 5%. Intuit net doubled to $1.03 billion. Tiffany profit plunged 17%. Thermon Group net tumbled 53%.

Banks Lead European Markets Higher, SEB to Buy WMF

Lucy Stoeva
24 May, 2016
New York City

European stocks changed direction and moved higher as bank stocks advanced, while exporters received a boost from the weakening euro. French appliance maker SEB SA agreed to buy WMF for

Nordson, Toll Brothers Surge; Best Buy, DSW Fall

Mukesh Buch
24 May, 2016
New York City

AutoZone net and sales jumped. America''s Car-Mart net tumbled 53%. Best Buy profit surged 78% but the retailer lowered second-quarter outlook. DSW net plunged 37%. Kirkland''s net fell 64%. Nordson net declined 65% but revenues rose 9%. Toll Brothers net jumped 9%. Valspar net slid 11%.

Greece Approves Tax Reforms, Bayer Pursues Monsanto

Lucy Stoeva
23 May, 2016
New York City

European stocks recorded losses in a volatile session Monday. Economic activity in the euro zone slowed down in May, according to a private survey. Bayer AG offered to buy the U.S. based Monsanto for $62 billion. Fiat Chrysler may be prohibited from selling cars in Germany due to emission rules.

Bayer Offers $62 B for Monsanto, GE to Invest $3 B in Saudi Arabia

Mukesh Buch
23 May, 2016
New York City

Ares Capital intends to acquire American Capital for $3.4 billion. GE agreed to invest $3 billion in Saudi Arabia with $2 billion in the same sectors after next year. General Atlantic agreed to buy majority stake in the oil price reporter Argus Media for $1.45 billion.

Deere, Ross Stores Profit Decline; Gap Accelerates Restructuring

Mukesh Buch
20 May, 2016
New York City

Buckle profit and sales declined. Campbell Soup profit rose. Deere & Co net plunged 28%. Foot Locker net and sales jumped 4%. The Gap profit tumbled 47% and closed 53 Old Navy stores in Japan. Ross Stores net rose 3%.

European Markets Drop 1.9%, Missing EgyptApir Plane Weigh on Sentiment

Lucy Stoeva
19 May, 2016
New York City

Stocks in Europe traded sharply lower after a missing EgyptAir plane dragged down shares of travel companies. The prospects of a U.S rate hike and a stronger dollar weighed on resource stocks. Thomas Cook plunged 18% on a lower full-year outlook.

Cato, Cisco, Dicks Sporting Jump; L Brands, Stage Stores, Toro Decline

Mukesh Buch
19 May, 2016
New York City

Advance Auto Parts net jumped 7%. Brady net surged 22%. Cato lowered earnings outlook. Cisco net dropped 4%. Dicks Sporting declined 10%. L Brands net tumbled 39% and the retailer lowered earnings forecast. Stein Mart net rose. Toro net soared. Stage Stores plunged 18%.

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