Market Update

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.

Market Indexes Plunge as Worries Mount after 3M, Caterpillar Lower Outlook

Mukesh Buch
23 Oct, 2018
New York City

3M lowered fiscal outlook. Biogen reported strong results. Caterpillar fell after disappointed outlook. Lockheed Martin lifted fiscal outlook. McDonald`s net plunged 13%. United Technologies lifted full-year profit forecast. Verizon beat net and revenues estimates.

Atos Tumbles 23% on Lower Guidance, Renault Emerging Markets Sales Plunge

Sarla Buch
23 Oct, 2018
New York City

Atos tumbled after the French IT services company lowered earnings and sales outlook for the year. Alkermes lifted fiscal 2018 revenues forecast. St. James''s Place net inflow surged. Renault sales plunge in emerging markets.

Halliburton Sees U.S. Slowdown, Schlumberger Estimates Rising E&P Spending

Mukesh Buch
22 Oct, 2018
New York City

Halliburton faces slowdown in its North America operations. Hasbro missed earnings estimates. Kimberly-Clark net plummeted. Lennox Intl revenues fell after tornado losses were higher than estimated. Schlumberger net surged 18%.

Fiat Chrysler Sells its Auto Parts Business, Philips Electronics Net Tumbles

Sarla Buch
22 Oct, 2018
New York City

Fuchs forecasted revenues in the third-quarter to jump 5%. Fiat Chrysler agreed to sell its auto parts business to Japan-based Calsonic Kansei. Leoni lowered operating profit forecast. Philips Electronics net tumbled 57%. Ryanair reported lower-than-expected profits.

P&G Jumps on Profit Surprise, American Express Lifts Growth Outlook

Mukesh Buch
19 Oct, 2018
New York City

American Express lifted revenue growth estimate. AIG revised higher global catastrophe losses. Honeywell lowered fiscal outlook. Procter & Gamble reported strong first-quarter results. PayPal net soared on 14% jump in revenues. VF Corp lifted fiscal outlook.

Bouygues Faces Delays, Litigation Storm; Remy Cointreau Positive on China

Sarla Buch
19 Oct, 2018
New York City

Bouygues tumbled on weak profit estimates. Michelin plunged despite strong sales growth. Remy Cointreau reaffirmed sales growth in China. Volvo reported strong results despite deliveries in bus segment declined.