Market Update

Advance Auto Parts Beats Estimates, Home Depot Reported Strong Results

Mukesh Buch
13 Nov, 2018
New York City

Advance Auto Parts beats earnings estimates and the retailer lifted fiscal outlook. Home Depot reported better-than-expected results. JetBlue Airways said traffic in October soared. Tyson Foods plunged on weak revenues and forecast.

Bayer Weed Killer Legal Woes Mount, Vodafone Writes Down Asset

Sarla Buch
13 Nov, 2018
New York City

Bayer reported higher-than-expected revenues. Bilfinger net loss narrowed on improved revenues. FirstGroup revenues surged but net swung to a loss. Uniper declined after net swung to a loss. Vodafone net swung to a loss on weak revenues.

II-VI Agrees to Buy Finisar for $3.2 B, Revlon Net Loss Narrows

Mukesh Buch
12 Nov, 2018
New York City

Aecom net declined. Autohome third-quarter net surged 60% on flat revenues. Del Frisco''s Restaurant net loss widened. II-VI tumbled after the company agreed to acquire Finisar. Revlon net loss narrowed.

SAP in

Sarla Buch
12 Nov, 2018
New York City

Allianz profit jumped 5% and the insurer reaffirmed fiscal outlook. British American Tobacco plunged after the U.S. regulator may ban flavored menthol cigarettes. Infineon Technologies plummeted despite strong fiscal results. SAP agreed to buy Qualtrics International.

Air Products to Buy GE Patents, Becton Dickinson Net Swings to Loss

Mukesh Buch
06 Nov, 2018
New York City

Archer-Daniels beats earnings estimates. AmerisourceBergen net swung to profit. Air Products net fell but revenues jumped. Becton, Dickinson net swung to a loss despite the surge in revenues. Eli Lilly lifted fiscal outlook.

Deutsche Post Reaffirms Outlook on Global Strength, Zalando Plunges 10%

Sarla Buch
06 Nov, 2018
New York City

Adecco beats earnings estimates. Deutsche Post profit tumbled and reaffirmed fiscal outlook. Hugo Boss net plunged on weak revenues. SGL Carbon lifted fiscal outlook. Zalando net soared 14% on 16% jump in revenues.

Fannie Mae to Pay $4 B Dividend, CAN Financial Profit Soars

Mukesh Buch
05 Nov, 2018
New York City

CNA Financial beats earnings estimates. Fannie Mae to pay $4 billion dividend to the U.S. Treasury. Kemper Corp reports strong results. Loews profit surged but revenues remained weak. Regal Beloit net plunged but revenues soared. Westrock net jumped.

Ferrari Profit Jumps 49%, Siemens Healthineers Estimates Improving Results

Sarla Buch
05 Nov, 2018
New York City

bet-at-home.com net plunged 9% on 4% drop in revenues. Basler, advanced digital camera maker said profit declined 19% on weak revenues. Ferrari profit surged but the income fell short of expectations. Siemens Healthineers forecasted strong growth ahead.

Apple Plunges 7%; Chevron, Exxon Mobil Profit Surge

Mukesh Buch
02 Nov, 2018
New York City

Apple plunged on weaker-than-expected revenue outlook but the device maker reported strong quarterly result. Chevron net surged after production jumped at shale oilfields. Duke Energy beats estimates. Exxon Mobil profit surged. Kraft Heinz missed earnings estimates.

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.