Market Update

ING Settles Money Laundry Charges, SCOR Rejects

Sarla Buch
04 Sep, 2018
New York City

Iliad said profit declined 12% and total paid subscriber based declined. ING agreed to pay fine of

Sanofi Wins EU Approval for Nano-body Drug, Bollore Net Soars 25%

Sarla Buch
03 Sep, 2018
New York City

Bollore profit surged after strong performance across all logistics segments. Casino Guichard clarified that the latest rating downgrade overlook asset disposal plan. Ontex rejected revised unsolicited and non-binding cash proposal.

Lululemon, Ulta Salon Reported Strong Results, Copper Co Net Drops 15%

Mukesh Buch
31 Aug, 2018
New York City

Ambarella net surged. Big Lots net declined on flat revenues. The Cooper Co fell after results disappointed traders. Lululemon reported upbeat results. Signet net swung to a loss. Ulta Salon reported better-than-expected results.

Coca-Cola Buys Costa for

Sarla Buch
31 Aug, 2018
New York City

Scandinavian Airlines profit surged and lifted fiscal outlook. Sto profit declined 28% on negative currency effects. Total SA agreed to sell its China-based polystyrene business. Whitbread agreed to sell its coffee chain Costa to Coca-Cola.

Campbell Pressured to Restructure, Dollar Tree Plunges 11%

Mukesh Buch
30 Aug, 2018
New York City

Ciena net plunged but revenues surged. Campbell Soup beat earnings estimates. Dollar General reaffirmed earnings outlook. Dollar Tree plunged after weak earnings estimates. PVH reported strong results. Salesforce net surged.

Bouygues Lifts Outlook on Twin Strength, Unibail Net Plunges

Sarla Buch
30 Aug, 2018
New York City

Bouygues profit jumped after strong operating profit in telecom and construction segments. Elekta profit declined 16% despite revenues soared 10%. Hays net soared on 12% jump in revenues. Unibail Rodamco net plunged 56%.

American Eagle Plunges 11%, Hewlett Packard Net Jumps

Mukesh Buch
29 Aug, 2018
New York City

American Eagle Outfitters plunged on disappointed outlook. Dick''s Sporting said fiscal 2018 same store sales are likely to decline. Hewlett Packard profit soared 59%. H&R Block net loss widened but revenues jumped. Movado net soared 65%.

Pernod Sales in China and India Jump, Tele Columbus Upbeat on Outlook

Sarla Buch
29 Aug, 2018
New York City

Aroundtown net jumped 25% on 47% surge in revenues. Pernod Ricard profit soared after strong growth in India and China and the spirit maker lifted fiscal outlook. Tele Columbus surged on improved fiscal outlook.

Best Buy Same Stores Sales Jump 6%, Heico Lifts Outlook

Mukesh Buch
28 Aug, 2018
New York City

Best Buy declined despite strong results. BJ''s reported strong sales. DSW surged after revenues soared 16%. Heico reported record net sales.Tiffany said sales in China soared.

Bunzl Profit Jumps on Higher Demand, Sydbank Misses Profit Forecast

Sarla Buch
28 Aug, 2018
New York City

Bunzl profit soared on acquisitions and higher demand in North America. JOST Werke net swung to profit. Sydbank plunged after profit declined and the company missed profit forecasts. Royal Unibrew reported record results and lifted fiscal outlook.

American Woodmark Rides Housing Boom, Ubiquiti Beats Estimates

Mukesh Buch
27 Aug, 2018
New York City

American Woodmark net jumped 11% on 55% surge in revenues. Jianpu Technology net loss narrowed after revenues soared 92%. Qudian reported strong results. Ubiquiti Networks beat earnings estimates.

Russian Investor Targets Spanish Retailer DIA, Metro Shake Up Lifts Stock

Sarla Buch
27 Aug, 2018
New York City

Russian investor Mikhail Fridman is said to be in preliminary talks to acquire Spanish food retailer DIA. Evotec signed a partnership agreement with Centogene for drug discovery project. Long awaited Metro stake sale raises investor hopes that the laggard retailer will sharpen business focus.

Gap Sales Disappoint; HP Profit Surge, Autodesk Soars

Mukesh Buch
24 Aug, 2018
New York City

Autodesk earnings were ahead of estimates. Foot Locker tumbled. Gap plunged on weak sales at its name brand stores. HP net soared 26%.Ross Stores profit surged. VMware revenues soared 13%.

German Real Estate Developers Report Rising Revenues, U-Blox Tumbles

Sarla Buch
24 Aug, 2018
New York City

Instone Real Estate jumped on higher fiscal revenues estimates. Kingspan reported better-than-expected results. WCM Beteiligungs net more than doubled on 40% jump in revenues. U-Blox tumbled on weak forecast.

L Brands Lowers Outlook, Williams-Sonoma Beats Estimates

Mukesh Buch
23 Aug, 2018
New York City

Children''s Place lifted fiscal earnings outlook. Hormel Foods lowered sales estimates. L Brands lowered earnings estimates after profit declined 29%. Stage Stores net loss widened. Williams-Sonoma reported stronger second-quarter results.