Market Update

Hammerson Rejects

Sarla Buch
19 Mar, 2018
New York City

Henkel said it is facing supply chain issues in North America. Hammerson rejected takeover proposal of

Adobe Earnings Surge, Tiffany Drops on Disappointing Results

Mukesh Buch
16 Mar, 2018
New York City

Adobe Systems reported strong net and revenues. The Buckle net surged but comparable sales in February declined. Hibbett Sports declined on weak forecast. Jabil Inc surged on higher profit and revenues. Tiffany slumped on disappointing fourth-quarter results.

Altice to Sell Telecom Towers, Deutsche Bank Net Loss Narrows

Sarla Buch
16 Mar, 2018
New York City

Altice said it intends to sell its telecom towers in France and Portugal. Deutsche Bank announced a sharp jump in bonuses after net loss narrowed. Fraport revenues soared on higher proceeds from land sales. J D Wetherspoon net income and revenues jumped.

Dollar General Beats Earnings Estimate, ADT Net Swing to Profit

Mukesh Buch
15 Mar, 2018
New York City

ADT net swing to profit after revenues jumped. Agenus declined after net loss widened. Dollar General reported strong profit and same store sales. Genesco net and sales jumped. Nucor said earnings in the first-quarter to decline from a year ago period.

U.K. Prudential Separates Europe Businesses, Old Mutual to Split in 4 Entities

Sarla Buch
15 Mar, 2018
New York City

Direct Energie net tumbled but revenues soared. Deutsche Lufthansa reported strong performance in fiscal 2017. Prudential profit jumped and the insurer said it agreed to sell its

Express Net Jumps; Intellia Therapeutics, Signet Plummet on Weak Outlook

Mukesh Buch
14 Mar, 2018
New York City

Express net surged 29%. Intellia Therapeutics tumbled after net loss widened and the biotech company lowered fiscal outlook. Signet Jewelers plummeted after weak sales forecast. The Stars Group net and revenues surged. Vera Bradley net more than doubled.

Adidas Plans

Sarla Buch
14 Mar, 2018
New York City

Adidas surged after profit beats forecast and the shoemaker lifted outlook. Bpost tumbled on weak forecast. DBV Technologies net loss widened. Inditex said profit jumped after sales at retail chain Zara soared 8%.

Dicks Sporting Same Store Sales Drop, HD Supply Net Swing to Loss

Mukesh Buch
13 Mar, 2018
New York City

American Vanguard net more than doubled on 33% surge in revenues. Dicks Sporting declined after weak sales. DSW net plunged 62%. HD Supply net swung to a loss but revenues soared 9%.

Iliad Subscriber Count Jumps, Wacker Chemie Drops on Weak Forecast

Sarla Buch
13 Mar, 2018
New York City

Bilfinger net tumbled but revenues soared 9%. Hannover Rueck net swung to a loss and revenues declined 5%. Iliad profit surged after mobile subscribers jumped 8%. Wacker Chemie declined on weak profit and sales forecast.

Clorox Acquires Supplements Maker Nutranext, Stone Energy Net Swing to Profit

Mukesh Buch
12 Mar, 2018
New York City

Aclaris Therapeutics net loss widened. American Midstream net loss widened and revenues slumped 5%. The Clorox agreed to acquire a privately held dietary supplement maker Nutranext for $700 million. Middlesex Water profit increased. Stone Energy net swung to profit.

Innogy Surges on RWE, E.ON Asset Swap Deal; Aryzta and GEA Ease

Sarla Buch
12 Mar, 2018
New York City

Aryzta dropped after first-half net loss widened. GEA Group net plunged but orders increased. Hypoport soared on better-than-expected results. RWE and E.ON agreed to an asset swap deal involving Innogy SE stake.

Big Lots Plunges on Comparable Sales Growth Worries, Dell PC Sale Jump

Mukesh Buch
09 Mar, 2018
New York City

American Woodmark net tumbled but revenues surged. Big Lots plunged after same-store sales declined. ChemoCentryx surged after net swung to profit. Cooper net swung to a loss. Dell Technologies net loss widened after storage sales declined.

Lagardere Plunges on Weak Results, Life Science Unit Drives Merck Net Higher

Sarla Buch
09 Mar, 2018
New York City

nmarsat plans to invest in the aviation market. Lagardere plunged on weak results. Merck said profit surged was driven by sales growth in its healthcare and life-science segments. SIG net loss narrowed after significant improvement in Europe and Ireland businesses.

Cigna, Express Scripts in $67 B Deal; Kroger Falls on Weak Outlook

Mukesh Buch
08 Mar, 2018
New York City

American Eagle plunged despite stronger-than-expected results. Burlington Stores reported strong fourth-quarter results. Cigna agreed to acquire Express Scripts in $67 billion deal. Kroger and Tech Data tumbled on weak outlook. Vail Resorts net surged 58%.

Aviva Profit Boosted by UK Operation, JCDecaux Rides China Market Growth

Sarla Buch
08 Mar, 2018
New York City

Aviva plans to buy-back of up to