ticker

Sysco Reports Strong Results, Dycom Plunges 21%, VF Splits Businesses

Mukesh Buch
13 Aug, 2018
New York City

Cannae Holdings missed revenues and profit estimates. Dycom lowered second-quarter and fiscal outlook. Sysco Corp reported strong fiscal 2018 results. VF Corp plans to spin off its jeans business.

Bayer Drops 11% on California Ruling; Salzgitter, United Internet Net Advance

Sarla Buch
13 Aug, 2018
New York City

Bayer tumbled after California court ordered Monsanto to pay $289.2 million. Basler profit and revenues jumped. Cancom cloud solutions segment revenue soared 37%. Salzgitter reported strong first-half results. United Internet reaffirmed fiscal outlook.

News Corp Plunges 10%, Meredith Beats Estimates

Mukesh Buch
10 Aug, 2018
New York City

Air Lease net soared but falls short on revenues estimate. Applied Industrial Technologies net plunged. JetBlue traffic in July soared and load factor jumped. J2 Global lifted earnings forecast. Meredith beats revenue estimates. News Corp net loss narrowed.

Diageo Plans

Sarla Buch
10 Aug, 2018
New York City

Bechtle profit and revenues surged. Diageo plans to launch share buyback for up to

Gannett Net Swings to Profit, Viacom Net Declines

Mukesh Buch
09 Aug, 2018
New York City

ADT net loss narrowed. Gannett net swung to profit and lifted fiscal outlook. Hospitality Properties beats earnings estimates. L Brands comparable sales in July were flat. Mylan net tumbled on weak revenues. Viacom net and revenues declined.

Adidas, Hannover Re Reaffirm Outlook; Deutsche Telekom Net Tumbles

Sarla Buch
09 Aug, 2018
New York City

Adidas reaffirmed fiscal outlook on the back of strong quarterly results. Deutsche Telekom net tumbled on weak revenues and accounting settlement. Hannover Re reaffirmed outlook on strong revenues. Merck profit plunged on weak revenues. Zurich Insurance net soared 20%.

CVS Health Net swing to Loss, Disney Profit Surge on Segment Revenues

Mukesh Buch
08 Aug, 2018
New York City

CVS Health booked $3.9 billion in goodwill impairment charges. Fossil net loss narrowed. The New York Times net surged but advertising revenue declined. Thomson Reuters profit surged. Southern Co beats revenue estimates. Walt Disney net and revenues soared.

E.ON Energy Networks Profit Declines, Munich Re Net Surges

Sarla Buch
08 Aug, 2018
New York City

ABN AMRO profit declined on higher impairments charges. E.ON net plunged after weak energy networks business. Munich Re profit surged 21%. Prudential net declined but profit in the Asia surged

Office Depot, Zebra Tech Surge; Dentsply Discovery, Dean Foods Decline

Mukesh Buch
07 Aug, 2018
New York City

AES Corp net surged but revenues declined. Discovery profit plunged but domestic revenues doubled. Dentsply Sirona tumbled after the company lowered fiscal outlook. Office Depot jumped on strong revenues. Zebra Technologies net surged.

Commerzbank Lowered Expectations; Deutsche Post, Zalando Net Decline

Sarla Buch
07 Aug, 2018
New York City

Commerzbank net swung to profit but forecasted higher costs estimates. Deutsche Post profit declined after higher expenses, transport and staff costs. Pandora trimmed fiscal sales and profit margin estimates. UniCredit profit jumped on lower cost and provisions. Zalando net declined.

Berkshire Hathaway Net Soars to $12 B, Sempra Net Swings to Loss

Mukesh Buch
06 Aug, 2018
New York City

Berkshire Hathaway profit surged to $12 billion. Cardinal Health net swung to a loss. Henry Schein reported record second-quarter results.Jacobs Engineering beats earnings estimates. Rite Aid plunged on lowered outlook. Sempra Energy net swung to a loss.

Audi Net Drops, HSBC Net Jumps; Loan Losses Drag Banco BPM Profit

Sarla Buch
06 Aug, 2018
New York City

Audi forecasted fiscal 2018 revenues may slightly increase. Banco BPM profit declined on higher loan loss provisions. HSBC beats earnings estimates.

DISH Subscriber Base Shrinks; Kraft Heinz Net Tumbles

Mukesh Buch
03 Aug, 2018
New York City

Ameren lifted fiscal 2018 earnings outlook. DISH Network beats revenue estimate despite a decline in subscriber base. HMS Holdings The Kraft Heinz net tumbled on higher costs. Noble Energy missed earnings estimates. Western Union declined on weak forecast.

Allianz Reaffirms Outlook; Credit Agricole, Siemens, Swiss Re Net Plunge

Sarla Buch
03 Aug, 2018
New York City

Allianz reaffirmed 2018 profit target. Credit Agricole profit declined but revenues advanced. Dufry reported lower-than-expected results. Mondi profit jumped on higher prices. Siemens beats expectations. Swiss Re reported disappointing results.

Tesla Revenues Jump as Loss Widens; Aetna and Cigna in Focus

Mukesh Buch
02 Aug, 2018
New York City

AmerisourceBergen quarterly results showed healthy growth and met market expectations. Aetna revenues were ahead of expectations. Becton Dickinson net swung to profit. Cigna lifted outlook. Duke Energy missed earnings estimates.Tesla net loss widened but revenues doubled.

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