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Abercrombie, Autodesk Surge on Earnings Surprise; Dollar Tree, Ross Plunge

Mukesh Buch
07 Mar, 2018
New York City

Abercrombie & Fitch reported stronger-than-expected results. Autodesk surged on flat profit and higher revenues. Dollar Tree tumbled despite profit and revenues jumped. Ross Stores declined on weak outlook. Urban Outfitters net income was hit by the U.S. tax law revisions.

Legal & General Profit Jumps, Schaeffler Lifts Dividend

Sarla Buch
07 Mar, 2018
New York City

DS Smith reported higher box volume driven by online sales demand and strong holiday season. Elis profit plunged 28%. Legal & General profit jumped 46% after slower growth in the U.K. life insurance business. Schaeffler net surged 14%.

Target Falls on Disappointing Outlook; Ciena and Analogic Devices Soar

Mukesh Buch
06 Mar, 2018
New York City

Analogic surged despite net plunged. Ascena Retail reported wider-than-expected loss and forecasted weak outlook. Ciena earnings and revenues beat expectations. Donaldson profit swung to a loss despite revenue surge of 21%. Target net and revenues soared.

Passenger Count Rises at EasyJet,Smurfit Kappa Rejects International Paper Bid

Sarla Buch
06 Mar, 2018
New York City

easyJet passenger numbers and load factor in February jumped. Smurfit Kappa rejected unsolicited proposal from the U.S.-based International Paper Company. Evonik explore all options for Methacrylates business. Just Eat net swung to a loss on

Pure Storage Revenue Surges, Olympic Steel Net Swings to Profit

Mukesh Buch
05 Mar, 2018
New York City

Olympic Steel net swung to profit and revenues soared. Pure Storage net loss narrowed and revenues surged 48%. Reata Pharmaceuticals missed revenues. XL Group agreed to be acquired by France-based insurer AXA for $15.3 billion.

AXA Agreed to Acquire XL for

Sarla Buch
05 Mar, 2018
New York City

The insurer Axa agreed to buy Bermuda-based XL Group for

Foot Locker, J C Penney Fall on Outlook Worries; VMware Revenue Jumps

Mukesh Buch
02 Mar, 2018
New York City

Equifax profit surged 40% but the credit data company continues to struggle to protect customer data. Foot Locker tumbled on lowered outlook. J C Penney plunged on weak forecast. VMware net swung to a loss despite strong revenues.

LafargeHolcim Swings to Loss on Impairment Charges, LSE Net Jumps

Sarla Buch
02 Mar, 2018
New York City

Essentra health and personal care packaging division woes continue. LafargeHolcim swings to loss after the cement maker writes down assets. LSE profit surges on record volume in its clearing business. Mondi profit jumped on 7% increase in revenues. Spire Healthcare net plunged 69%.

Best Buy Reported Strong Results, Kohl

Mukesh Buch
01 Mar, 2018
New York City

Best Buy sales surged. Barnes & Noble net swung to a loss. Icahn Enterprises jumped after net swung to profit. Kohl''s profit surged and announced partnership with Aldi and Amazon. Salesforce.com net swung to profit.

EU Approves Essilor, Luxottica Merger; Carrefour Net Swing to Loss

Sarla Buch
01 Mar, 2018
New York City

Carrefour net swung to a loss on weak sales and nonrecurring charges. Essilor profit decline was driven by Luxottica merger costs. Groupe PSA net jumped 14% on 21% surge in revenues. WPP tumbled as online advertising crimp growth.

Lowe's Declines on Weak Results, Vale Net Soars on Iron Ore Prices

Mukesh Buch
28 Feb, 2018
New York City

Analog Devices reported strong profit and revenues. Express Scripts profit soared on higher customer retention rate. Lowe''s plunged after revenues and profit declined. TJX soared on strong profit and comparable sales. Vale profit soared on higher iron ore price.

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