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FedEx, Oracle Drop Ahead of Results, Jefferies Net Jumps

Mukesh Buch
19 Jun, 2018
New York City

Jefferies Group net surged on 20% jump in revenues. FedEx, La-Z-Boy and Oracle declined ahead of fourth-quarter earnings results.

Ashtead Reported Strong Results, Debenhams Issues Third Profit Warning

Sarla Buch
19 Jun, 2018
New York City

Ashtead profit surged on 21% jump in revenues. Debenhams offered third profit warning in six months. Footasylum tumbled on weak profit and the retailer plans for higher store investment.

Google Parent to Invest $500 M in JD.com, JD Sports Acquires Finish Line

Mukesh Buch
18 Jun, 2018
New York City

Canada Goose soared on long-term outlook. The Finish Line and the U.K.-based JD Sports completed their merger. JD.com and Alphabet announced a strategic partnership.

CYBG to Buy Virgin Money for

Sarla Buch
18 Jun, 2018
New York City

CYBG agreed to acquire Virgin Money for

Adobe Cloud Revenue Jumps, Jabil Circuit Beat Earnings Estimates

Mukesh Buch
15 Jun, 2018
New York City

Adobe profit surged after revenues soared 24%. Dorian missed earnings estimates and rejected unsolicited proposal from Singapore-based company. Finisar net swung to a loss. Jabil Circuit quarterly net swung to profit.

BHP Billiton to Invest

Sarla Buch
15 Jun, 2018
New York City

BHP Billiton approved

Destination Maternity Surges; Culp, Fred's, Michaels Plunge

Mukesh Buch
14 Jun, 2018
New York City

Culp plummeted on weal forecast. Destination Maternity surged after net swung to profit. Fred''s net loss narrowed. The Michaels Companies tumbled after net plunged 63%.

Aveva Beats Estimates after Schneider Merger, Bertrand Results Disappoint

Sarla Buch
14 Jun, 2018
New York City

Aveva Group reported strong growth after reverse merger with Schneider Electric. Bertrandt reported disappointing first-half results. Gerry Weber lowered fiscal 2019 outlook. Soitec net surged on 23% jump in revenues.

H&R Block Beats Estimates; Korn/Ferry Intl Jumps, SAIC Declines

Mukesh Buch
13 Jun, 2018
New York City

Crown Crafts profit plunged 25% but revenues surged 31%. H&R Block profit and revenues beats estimates. Korn/Ferry International net soared on 17% jump on revenues.

Glencore to Write-off Kamoto Copper Debt. Sanofi Placed $2 B of Bonds

Sarla Buch
13 Jun, 2018
New York City

Glencore agreed to write off $5.6 billion of debt to settle the dispute with the Congo controlled Gecamines. Sanofi successfully priced its offering of $2 billion of notes.

JetBlue Traffic in May Jumps; Lands' End and RH Surge

Mukesh Buch
12 Jun, 2018
New York City

Casey`s General net tumbled 36% but revenues soared 13%. JetBlue Airways traffic in May 2018 soared 8.9%. John Wiley & Sons net surged on 6% jump in revenues. Lands'' End soared after net loss narrowed on strong revenues. RH surged after net swung to profit.

Casino Guichard to Sell Assets; Valeo and Zurich Insurance Sell Bonds

Sarla Buch
12 Jun, 2018
New York City

Casino Guichard announces

DocuSign Net Loss Widens, VeriFone Misses Earnings Estimates

Mukesh Buch
11 Jun, 2018
New York City

DocuSign net loss widened despite revenues soared. Laboratory Corp acquired Sciformix Corporation without disclosed the financial transaction. VeriFone missed earnings estimates. Urstadt Biddle Properties net declined.

Knauf to Buy USG, U.K. to Approve Sky Comcast Deal

Sarla Buch
11 Jun, 2018
New York City

BCA Marketplace rejected a takeover proposal from a private equity firm. Inmarsat rejected takeover approach from the U.S.-based EchoStar. Knauf agreed to acquire the U.S.-based USG for $7 billion. The U.K. antitrust regulators are set to clear unconditional approval for Sky Comcast deal.

Broadcom, Cooper Beat Estimates; Verint Reaffirms Revenue Outlook

Mukesh Buch
08 Jun, 2018
New York City

Broadcom declined despite profit and revenues beat estimates. Cooper profit tumbled 42%. Lakeland Industries net soared on 6% jump in revenues. Verint Systems net loss narrowed on strong revenues.

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