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Kroger Plunges 10% on Sales Worries, Brady Corp Earnings Surge

Mukesh Buch
13 Sep, 2018
New York City

Brady Corp soared on strong result and upbeat outlook. Fred''s tumbled after net loss widened as sales declined. Kroger Co beat earnings estimates after profit surged 44%. Palatin Technologies net swung to profit. Pivotal Software tumbled despite upbeat outlook.

Delivery Hero Shrinks and Delivers Profit, WM Morrison Net Drops

Sarla Buch
13 Sep, 2018
New York City

Delivery Hero net swung to profit after revenues surged 38%. Natixis sold several of its finance services units to parent company BPCE. WM Morrison profit declined. Rubis net declined but revenues surged.

Carlyle Approaches Sedgwick, Stanley Black to Take Stake in MTD

Mukesh Buch
12 Sep, 2018
New York City

Carlyle Group is in preliminary talks to acquire Sedgwick Claims for $6.7 billion. Stanley Black agreed to acquire 20% stake in MTD Products. WABCO Holdings fell on deteriorate China production and lower demand in Russia and Turkey.

Hermes Rides Luxury Demand Boom, Inditex Targets Online Expansion

Sarla Buch
12 Sep, 2018
New York City

Dermapharm profit and revenues jumped on recent acquisitions. Hermes profit surged after solid growth across all business. SSE plunged after profit warning. Vapiano net loss widened.

Renesas to Buy IDT, Casey

Mukesh Buch
11 Sep, 2018
New York City

Casey`s General net and revenues soared. Integrated Device Technology agreed to be acquired by Japan-based rival Renesas Electronics.Limoneira tumbled on weak revenues. Sonic jumped on earnings forecast. Sonos net loss widened after revenues declined.

ArcelorMittal Lifts Essar Steel Bid, JD Sports Reported Upbeat Results

Sarla Buch
11 Sep, 2018
New York City

ArcelorMittal lifted offer for India-based Essar Steel to $5.8 billion. Amer Sports surged on buyout offer. Cairn Energy net swung to a loss. Hilton Food profit surged on strong sales and acquisitions. JD Sports reported record result on strong revenues.

SAIC to Acquire Engility Holdings, United Rentals to Buy BlueLine Rental

Mukesh Buch
10 Sep, 2018
New York City

Destination Maternity net loss widened but the retailer reaffirmed fiscal outlook. Retailer Fred''s agreed to sell its pharmacy patient prescription business to Walgreens. Hovnanian Enterprises net loss narrowed. SAIC profit soared.

Richemont Sales Surges 22%, Hannover Re Issued Positive Outlook

Sarla Buch
10 Sep, 2018
New York City

bet-at-home.com net tumbled 43% on 15% plunge in revenues. Associated British Foods forecasted fiscal profit in its sugar division to decline. Hannover Re forecasted stable prices and conditions. RPC Group is in preliminary talk to go private.

Five Below, Palo Alto Soar; GameStop Net Swing to Loss

Mukesh Buch
07 Sep, 2018
New York City

Barnes & Noble soared as mounting losses lifts of hopes of more changes at the troubled retailer. Five Below reported better-than-expected results. GameStop net swung to a loss. Marvell Technology missed profit estimate. Palo Alto Networks revenues jumped.

Ashmore Assets Surge 26%, Amer Greene King Jumps 7%

Sarla Buch
07 Sep, 2018
New York City

Amer Sports plans to sell its cycling and fitness equipment businesses. Ashmore net declined but assets under management surged 26%. Gear4music reported stronger sales in all regions. Greene King comparable sales increased 2.8%.

Donaldson, Navistar Beat Estimates, Lands End Same Store Sales Worries

Mukesh Buch
06 Sep, 2018
New York City

Aerovironment surged after net swung to profit. Donaldson net surged 50%. DocuSign plunged after net loss widened. G-III Apparel net swung to profit. Lands'' End tumbled after net loss widened. Navistar reported strong results. Verint Systems net swung to profit.

Safran Advances in Positive Surprise, Wendel Net Plunges

Sarla Buch
06 Sep, 2018
New York City

Ambu fell after its lead investor lowered its stake. Safran lifted profit outlook on stronger visibility of orders. Sodexo declined after weak revenue estimate. Wendel profit declined 8%.

HD Supply Net Tumbles 70%, Delta Air August Traffic Jumps

Mukesh Buch
05 Sep, 2018
New York City

Calavo Growers net surged. Caleres net surged. Delta Air Lines said August month global traffic jumped. General Mills reaffirmed fiscal outlook. HD Supply net tumbled 70%. HealthEquity reported upbeat earnings results. RH plunged despite strong results. Workday net loss widened.

Bayer Lowers Forecast, BioMerieux Lifts Outlook

Sarla Buch
05 Sep, 2018
New York City

BioMerieux revised fiscal outlook after profit surged 33%. Barratt Developments reported strong performance. Bayer lowered earnings outlook as profit missed estimates on Monsanto deal. Berkeley reaffirmed pretax profit for five-year period to 2021. Barratt profit and sales jumped.

Southwestern Energy to Sell Fayetteville Assets for $1.9 B

Mukesh Buch
04 Sep, 2018
New York City

Aquestive Therapeutics net loss widened but revenues jumped. Conn''s plunged on weak same store sales volumes. NAPCO Security said profit and revenues soared. Southwestern Energy agreed to sell its Fayetteville Shale exploration assets for $1.9 billion.

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