Market Update

Playtech Maintained Dividend, Cold Weather Fails to Dampen CRH Profit

Sarla Buch
23 Aug, 2018
New York City

Ambu lifted sales and operating margin forecast. CRH Plc profit surged. OneSavings Bank net soared 18% on 16% surge in revenues. Playtech maintained interim dividend. Sunrise Communications lifted profit estimate.

Target Surges on Rising Store and Online Sales, Lowes Comp Sales Soar

Mukesh Buch
22 Aug, 2018
New York City

Analog Devices beats earnings estimates. Keysight Technologies surged after upbeat outlook. Lowe''s net and revenues soared 7%. La-Z-Boy profit soars. Target reported historical results. Urban Outfitters revenues jump 14%.

Continental Tumbles, Adyen Net Surges on Rising Transaction Volume

Sarla Buch
22 Aug, 2018
New York City

Adyen NV reported strong results after record initial public offering. Continental tumbled after the tire maker lowered fiscal outlook on higher costs and warranty claims. Jyske Bank profit and revenues declined. GN Store Nord reaffirmed fiscal outlook.

Medtronic Lifts Outlook, Toll Brothers Surges on Rising Home Demand

Mukesh Buch
21 Aug, 2018
New York City

Coty tumbled on weak revenues. Medtronic lifted fiscal outlook after profit soared. Smucker after lowered fiscal outlook. Kohl''s lifted fiscal outlook. Toll Brothers profit jumped on strong demand. TJX jumped after lifted fiscal outlook.

BHP Net Tumbles, Persimmon Net Surge on Strong Deliveries

Sarla Buch
21 Aug, 2018
New York City

BHP Billiton profit tumbled but revenues surged. Dermapharm reaffirmed fiscal outlook. Persimmon profit soared on strong delivery and price. Polymetal profit soared on higher production and prices. John Wood net swung to a loss but revenues surged.

PepsiCo to Acquire Israeli Company, Tyson Foods Buys Keystone

Mukesh Buch
20 Aug, 2018
New York City

ConocoPhillips signed an agreement to recover $2 billion from Venezuela controlled oil company. Estee Lauder revenues soared but profit declined 19%. PepsiCo agreed to buy SodaStream. Tyson Foods agreed to acquire Brazil-based Keystone.

Mulberry Tumbles on Profit Warnings, KPMG Fines Ted Baker

Sarla Buch
20 Aug, 2018
New York City

Mulberry tumbled after the luxury retailer warned of weak sales. The U.K. government took over the operation of Birmingham prison from G4S. KPMG fined Ted Baker for auditing misconduct.

Deere Reported Strong Results, Nordstrom Profit Surged

Mukesh Buch
17 Aug, 2018
New York City

Applied Materials plunged on weak fiscal outlook. America

A.P. Moller

Sarla Buch
17 Aug, 2018
New York City

A.P. Moller

Cisco Advances on Upbeat Views, Walmart Soars 10% on Higher Outlook

Mukesh Buch
16 Aug, 2018
New York City

Cisco Systems earnings and revenues beat estimates. Dillard net loss narrowed. J. C. Penney lowered fiscal 2018 after net loss widened. Walmart net swung to a loss but lifted fiscal 2019 forecast.

Carlsberg Lifted Outlook; Henkel Lowers Earnings Forecast

Sarla Buch
16 Aug, 2018
New York City

Carlsberg lifted fiscal outlook after strong demand in Asia. Henkel net plunged and lowered earnings forecast. ICA Gruppen profit tumbled on higher operating costs as the retailer struggles with heat wave in Europe. Wirecard profit and revenues surged.

Macy

Mukesh Buch
15 Aug, 2018
New York City

Agilent Technologies slumped on weak forecast. Constellation Brands plans to invest $4 billion in Canada-based marijuana grower. Diamondback agreed to buy Energen. Macy''s plunged 13% on flat comparable sales. MSG Networks net soared.

Leoni Tumbles on Weak Results, Vestas Wind Launches Stock Buy Back

Sarla Buch
15 Aug, 2018
New York City

Admiral Group net and revenues advanced. Balfour Beatty revenues declined 10%. Hikma Pharmaceuticals reported strong first-half results. Leoni tumbled. Vestas Wind Systems plans to launch share buyback program.

Advance Auto Parts Beats Estimates, Home Depot Lifts Outlook

Mukesh Buch
14 Aug, 2018
New York City

Advance Auto Parts beats earnings and sales estimates. Brinker International net declined on weak revenues. CDK Global forecasted fiscal 2019 pretax profit to jump 18%. The Home Depot raised fiscal 2018 outlook.

Antofagasta Falls on Tariff Tensions; RWE, Straumann Net Decline

Sarla Buch
14 Aug, 2018
New York City

Antofagasta profit tumbled on tariff tensions. Bilfinger net loss narrowed and reaffirmed fiscal outlook. RWE net plunged on 8% decline in revenues. Straumann net dropped but revenues surged.