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Airbus, Deutsche Bank Profit Decline; Sainsbury to Acquire ASDA from Walmart

Sarla Buch
30 Apr, 2018
New York City

Accor is in preliminary merger talk with Switzerland-based Movenpick Hotels. Airbus profit plunged 31% on fewer deliveries. Deutsche Bank reported weak-than-expected results. Sainsbury profit declined 10% and the retailer agreed to acquire controlling interest in Asda.

Intel Lifts Revenue Outlook, ExxonMobil Production Slumps as Profit Gains

Mukesh Buch
27 Apr, 2018
New York City

Colgate-Palmolive net soared on improved pricing. Dover formally approved separation of Apergy Corporation. Exxon Mobil profit and revenues soared. Intel lifted revenues forecast and the chipmaker reported a profit surge. Moody

Sanofi Announces Stock Buyback, Despite Asia Setback Renault Sales Rise

Sarla Buch
27 Apr, 2018
New York City

Amundi profit soared as net assets under management jumped on the rising inflow. Renault revenues edged up despite sales decline in Asia and Middle East. Sanofi profit tumbled 82% and drug-maker plans to buy back as much as

Bristol-Myers Lowers Forecast, PepsiCo Beats Estimates

Mukesh Buch
26 Apr, 2018
New York City

AbbVie plans to buy back up to $7.5 billion of stocks. Bristol-Myers net declined but revenues jumped. ConocoPhillips profit plunged despite higher oil prices. PepsiCo beats profit and sales expectations.

Barclays Net Swing to Loss, Orange SA Subscriber Growth Lifts Revenues

Sarla Buch
26 Apr, 2018
New York City

Barclays net swing to a loss and the bank led investor group agreed to buy

Comcast Lifts Sky Offer to $31B, Twitter Swing to Profit

Mukesh Buch
25 Apr, 2018
New York City

Anthem net jumped on lower medical expenses. Boeing lifted forecast on higher defense and aviation revenues. General Dynamics delivered solid first-quarter results. Nasdaq lowered its full-year operating expenses guidance. Twitter first quarter swung to profit.

Credit Suisse Profit Soars on Surging Asset Flows, Trivago Swings to Loss

Sarla Buch
25 Apr, 2018
New York City

Atos revenues jumped and the software company signed a partnership with Google. Credit Suisse reported stronger-than-expected results. Trivago net swung to loss on higher advertising spending. Zodiac Aerospace revenues declined 12.4%.

Caterpillar, Eli Lilly Lift Fiscal Outlook, Verizon Report Solid Income Growth

Mukesh Buch
24 Apr, 2018
New York City

Biogen net soared 57% on 11% jump in revenues. Caterpillar profit jumped on strong demand. Coca-Cola profit jumped on lower cost but sales declined 16%. Eli Lilly lifted fiscal outlook on higher sales of diabetes and cancer drugs.

Akzo Nobel Warns on Higher Material Costs, SAP Cloud Revenues Soar

Sarla Buch
24 Apr, 2018
New York City

Akzo Nobel profit jumped but the chemical and paint maker issued warned of higher raw material costs. AMS tumbled on weak revenues forecast. Banco Santander reported disappointing quarterly results largely because of higher expenses in the U.K. SAP reported flat revenue.

Halliburton Revenues Surges, Kimberly-Clark Net Plunges

Mukesh Buch
23 Apr, 2018
New York City

Avangrid reaffirmed fiscal forecast. FirstEnergy net surged and lifted fiscal outlook. Halliburton net swung to profit. Hasbro reported weaker-than-expected results after Toys R Us liquidation. Kimberly-Clark net plunged despite sales jumped 5%.

UBS Reports Strong Results, Cautious Outlook; Fresenius Sells Stake to Summit

Sarla Buch
23 Apr, 2018
New York City

Capita plans to raise

GE Reports Higher Revenues and Larger Loss; Honeywell Lifts Outlook

Mukesh Buch
20 Apr, 2018
New York City

Baker Hughes said net income more than doubled. GE reported wider quarterly net loss but revenues in oil and gas, aviation and healthcare segments jumped. Honeywell and Roper Technologies lifted fiscal outlook. State Street profit soared 36%.

TransUnion to Buy Callcredit, Novartis Profit Surges on Cancer Drug

Sarla Buch
20 Apr, 2018
New York City

Callcredit agreed to be acquired by the U.S.-based TransUnion for

P&G in $4 B Deal with Germany Based Merck, American Express Soars

Mukesh Buch
19 Apr, 2018
New York City

Alcoa lifted fiscal outlook and reported a decline in earnings. American Express profit surged 31%. BNY Mellon reported better-than-expected results. BB&T reported record profit in the quarter. Blackstone revenues declined. Procter & Gamble reported flat earnings.

ABB Order Book Health Sparked Stock, Unilever Plans Buyback of

Sarla Buch
19 Apr, 2018
New York City

ABB reported sales rose and the order book improved. Hawesko said wholesale and distribution business showed healthy growth. Publicis revenues declined 8.4%. Sky profit surged 11%. Unilever announced share buyback of up to

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