Market Update

Alitalia Receives Two Binding Bids, Willis Towers Reaffirms Outlook

Sarla Buch
02 Nov, 2018
New York City

Alitalia confirmed receiving two binding bids. International Consolidated Airlines lifted operating profit forecast for fiscal years between 2019 and 2023.Paddy Power Betfair reported strong third-quarter results. Willis Towers Watson reaffirmed fiscal forecast.

NY Times Ads Revenues Surge; Church & Dwight Soars on Outlook

Mukesh Buch
01 Nov, 2018
New York City

Ball Corp net surged despite weak revenues. Church & Dwight lifted fiscal outlook. Exelon net declined. Marathon Petroleum net dropped despite a surge in revenues. PPL lifted fiscal outlook. Parker Hannifin net soared. Teva Pharma net swung to a loss.

Arcelor Mittal Beats Estimates, Swiss Re Swings to Profit Overcoming Disasters

Sarla Buch
01 Nov, 2018
New York City

Arcelor Mittal beats earnings estimates but steelmaker said shipments plummeted. BT Group surged after improved forecast. Credit Suisse reported lower-than-expected results. Swiss Re returned to profitability despite a series of heavy natural catastrophes and man-made disasters.

Facebook Ad Revenues Surge 33%, GM Net Swing to Profit on Strong Revenues

Mukesh Buch
31 Oct, 2018
New York City

Anthem net surged on revenues growth. ADP lifted fiscal outlook. Baxter net surged after sales in the U.S. advanced. Estee Lauder net Soared. GM beats earnings estimates. Facebook advertising revenues surged. Kellogg declined on weak segment revenues.

Glaxo Tightens Fiscal Forecast, ThyssenKrupp Net Declines 36%

Sarla Buch
31 Oct, 2018
New York City

Air France KLM reaffirmed fiscal outlook despite net declined. Airbus reported better-than-expected results. Clariant sales and net jumped on higher price. GlaxoSmithKline beats earnings estimates. ThyssenKrupp net declined 36% on weak revenues.

Allergan, Eaton, Under Armour Lift Outlook; Cognizant, Pfizer Lowers Forecast

Mukesh Buch
30 Oct, 2018
New York City

American Tower reported strong results. Allergan reported higher-than-expected profit and lifted full-year forecast. Aetna beats earnings estimates. Baker Hughes missed estimates. Pfizer cuts revenue forecast. Under Armour surged.

BNP Paribas Bond Trading Revenues Drop, VW Reaffirms 2018 Deliveries

Sarla Buch
30 Oct, 2018
New York City

BNP Paribas net dropped after bond trading revenues declined 15%. Deutsche Borse reaffirmed fiscal outlook. Fresenius slumped on weak revenues. Deutsche Lufthansa net declined on higher fuel costs and integration costs of Eurowings. Volkswagen reaffirmed fiscal 2018 deliveries.

Cooper Tire, Mercury General, Tower Intl Surge; First Data Tumbles

Mukesh Buch
29 Oct, 2018
New York City

Booz Allen reaffirmed fiscal outlook after net income soared. Cooper Tire surged despite net plunged. Dana beats profit estimates. First Data lowered fiscal outlook. Mercury General net soared 26%. Tower Intl reported strong results.

HSBC Net Surges on Asia Boom, GEA Jumps on Positive Outlook

Sarla Buch
29 Oct, 2018
New York City

GEA Group reported net income declined but offered positive outlook. HSBC reported strong results and said growth was driven by the rising activities in Asia. Kuka net income and revenues declined but a system engineering contract.

Amazon, Alphabet Decline on Disappointments; Intel Posts Record Quarter

Mukesh Buch
26 Oct, 2018
New York City

Amazon plunged after sales disappointed investors. Alphabet Inc reported better-than-expected profits but missed revenues estimates. Colgate net tumbled on weak revenues. Intel posted another record quarter on strong microchip demand. Moody''s profit fell. Phillips 66 net surged.

Electrolux, Lafarge Lift Outlook; BASF Net Drops on Rising US-China Tensions

Sarla Buch
26 Oct, 2018
New York City

BASF said declined in profit was driven by trade conflict and the chemical producer lowered fiscal 2018. Electrolux profit tumbled but lifted fiscal outlook. Eni net soared on higher oil prices. Lafargeholcim soared on improved sales. Total SA reported strong results.

Visa Reports Record Net Income; Microsoft Net Lifted by Cloud Surge

Mukesh Buch
25 Oct, 2018
New York City

ConocoPhillips beats estimates and lifted fiscal outlook. Comcast net jumped on strong internet subscriber growth. Ford profit tumbled on weak revenues. Microsoft surged on strong cloud revenues growth. Visa reported record profit.

Daimler Profit Declines 20%; Nokia Loss Narrows, Schneider Lifts Outlook

Sarla Buch
25 Oct, 2018
New York City

AB InBev plunged after profit and revenues declined. Daimler profit tumbled 20% on weak revenues. Nokia net loss narrowed but revenues fell too. Schneider lifted revenues forecast.

AT&T Plunges on Subscriber Losses; Boeing, General Dynamics Net Surges

Mukesh Buch
24 Oct, 2018
New York City

AT&T stock drops on subscriber losses. Boeing net surged 31%. Boston Scientific beat profit estimates. DTE Energy issued fiscal 2018 and 2019 outlook. General Dynamics declined despite strong results. Illinois Tool Works lowered fiscal forecasts.

Parent of Gucci Revenues Beats Estimates, Deutsche Bank Revenues Drop 5%

Sarla Buch
24 Oct, 2018
New York City

Air Liquide reaffirmed fiscal profit forecast. Deutsche Bank reported disappointing revenues. Parent of Gucci, Kering reported better-than-expected segment revenues. Vinci jumped on strong revenues.