ticker

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

IBM Plunges on Weak Outlook; Morgan Stanley, Netflix, U.S. Bancorp Net Jump

Mukesh Buch
18 Apr, 2018
New York City

Abbott beats earnings estimates. CSX net surged on lower expenses and price improvement. IBM declined on weak fiscal outlook. Morgan Stanley reported strong performance across all business segments. Netflix net surged on strong subscriber additions.

Danone Sales Boosted by China, Total SA Agrees to Acquire Direct Energie

Sarla Buch
18 Apr, 2018
New York City

Danone sales jumped on performance in specialized nutrition in China. Heineken profit declined despite beer volume jumped. Hemfosa Fastigheter revenues soared. Getlink forecasted higher 2022 operating profit. Total agreed to acquire Direct Energie for

Goldman Sachs Beats Estimates, UnitedHealth Lifts Fiscal Outlook

Mukesh Buch
17 Apr, 2018
New York City

Comerica profit beats earnings estimates. Goldman Sachs reported strong quarterly profit and revenues. Johnson & Johnson profit fell but revenues jumped 13%. Northern Trust net surged. UnitedHealth lifted earnings outlook.

Bayer Sells Stake to Singapore, Intesa SanPaolo Sells Debt Collection Unit

Sarla Buch
17 Apr, 2018
New York City

Bayer sell 3.6% stake to Singapore state owned Temasek. Breedon Group agreed to acquire Ireland-based rival Lagan Group. Casino Guichard sales lifted by Latin America. Intrum Justitia and Intesa SanPaolo in

Pebblebrook Lifted LaSalle Offer, BofA Reports Record Profit

Mukesh Buch
16 Apr, 2018
New York City

Bank of America reported record profit lifted by consumer banking business. Icahn Entp agreed to sell its Tropicana Entertainment for $1.85 billion. J.B. Hunt net jumped 6% on 20% surge in revenues. M&T Bank net rose on higher revenues.

Shire in $2.4 B Deal with Servier, Adecco to Buy General Assembly

Sarla Buch
16 Apr, 2018
New York City

Adecco agreed to acquire the U.S.-based General Assembly. Rocket Internet plans early termination of its share buyback program. Software AG reported weaker-than-expected revenues. Shire agreed to sell its Oncology business to France-based Servier.

Citigroup, JPMorgan, Wells Fargo Report Improving Profits

Mukesh Buch
13 Apr, 2018
New York City

Citigroup profit beat estimates. First Horizon reported strong first-quarter results. First Republic Bank jumped on better-than-expected results. JPMorgan reported record profit on lower taxes. Wells Fargo profit may be trimmed by settlement expenses.

L'Oreal U.S. Sales Drop, Stora Jumps on Positive Quarterly Results

Sarla Buch
13 Apr, 2018
New York City

Conzzeta soared after quarterly revenues surged. L''Oreal reported quarterly sales in North America declined. Stora Enso jumped after batter-than-expected results. Sage revenues dropped but cloud revenues surged.

BlackRock Shine on ETF Inflows, Bed Bath & Beyond Tumbles

Mukesh Buch
12 Apr, 2018
New York City

BlackRock reported strong first-quarter results. Bed Bath & Beyond tumbled on weak outlook. Commerce Bancshares net jumped 7% on 9% increase in revenues. Delta Air Lines reported better-than-expected results despite higher costs. Rite Aid revenue missed estimates.

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