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Berkshire Hathaway 2017 Profit Surges on $29 B Tax Gain

Mukesh Buch
26 Feb, 2018
New York City

Boise Cascade net surged on 19% jumped in revenues. Berkshire Hathaway profit soared on $29 billion in tax gain. Dean Foods tumbled on lower earnings forecast. SemGroup agreed to sell its U.K.-based petroleum storage business.

AB Food Reaffirms Outlook, PostNL Tumbles on Weak Forecast

Sarla Buch
26 Feb, 2018
New York City

AB Food reaffirmed full-year outlook despite reduction in sugar segment revenues. Bunzl net jumped on the improved market conditions in North America and in Europe. GKN said Melrose received clearance from the U.S. and Canadian regulators. PostNL profit plunged 47%.

General Mills in $8 B Deal with Blue Buffalo Pet, KBR Net Swing to Profit

Mukesh Buch
23 Feb, 2018
New York City

Cabot Oil & Gas net loss narrowed on higher production and prices. Cinemark reported strong quarterly results. Entergy net loss narrowed on improved segment performance. General Mills agreed to acquire Blue Buffalo Pet Products for $8 billion.

Swiss Re Net Plunges, Standard Life Aberdeen to Exit Insurance Unit

Sarla Buch
23 Feb, 2018
New York City

Rhoen-Klinikum issued optimistic outlook. Swiss Re net plunged on sharp jump in natural catastrophe charges. Construction chemicals maker Sika net surged 15% on 9% jump in revenues. Standard Life Aberdeen agreed to sell insurance unit. Valeo net fell after higher raw material costs.

Rising Oil Prices Lift Apache, Chesapeake Results

Mukesh Buch
22 Feb, 2018
New York City

Apache net swung to profit on higher oil prices. ACI Worldwide net plummeted. Chesapeake Energy plans to reduce capital investments by 12%. Orbital ATK revenues jumped. Valmont Industries net swung to a loss.

Bouygues Net Lifted by Construction Sector, Centrica Faces Customer Loss

Sarla Buch
22 Feb, 2018
New York City

Bouygues profit surged on construction segment. Centrica net plunged after the utility lost 75,000 customers. ISS net declined 10% on weak revenues. UCB net soared 42% on 9% jump in revenues.

Advance Auto Soars on Earnings Surprise, DISH and Ecolab Net Rise

Mukesh Buch
21 Feb, 2018
New York City

Advance Auto Parts reported stronger-than-expected results. DISH Network net soared but revenues declined. Ecolab profit surged on higher segments revenues. La-Z-Boy margins declined on a legal charge. Quad/Graphics acquired Ivie & Associates.

Glencore Net Surges on Commodities Rebound, Cleatstream Lifts Boerse Profit

Sarla Buch
21 Feb, 2018
New York City

Accor soared on solid business in Asia-Pacific and Europe. Deutsche Boerse profit surged after strong performance in the Clearstream segment. Glencore reported record profit on rebounding commodity prices. Orange profit was hurt by the disposal of U.K. mobile operator stake.

Home Depot Reported Strong Sales, Walmart Plunges on Weak Online Sales

Mukesh Buch
20 Feb, 2018
New York City

Avangrid reported quarterly loss after pending sale of gas storage business. Duke Energy reported better-than-expected earnings on lower maintenance costs.Home Depot profit jumped on strong US housing market. Walmart online growth dropped to 23%.

HSBC Misses Profit on Bad Loan Charges; Bouygues, M6 in Broadcastings Deal

Sarla Buch
20 Feb, 2018
New York City

HeidelbergCement revenue soared on higher segment sales volume. HSBC profit surged after strong performance in Asia but loan impairment charges were hit by the U.K. and South African borrowers. Bouygues and M6 signed broadcasting agreements.

Euronext Reaffirms Outlook, Reckitt Benckiser Optimism Falls Flat

Sarla Buch
19 Feb, 2018
New York City

Euronext reaffirmed fiscal forecast and estimated the recent acquisition of the Irish Stock Exchange to drive growth. Fidessa jumped on strong revenue growth. Reckitt Benckiser sales stagnated in 2017. Sopra Steria profit and revenues jumped.

Coca-Cola Revenue Plunges, Deere Lifts Revenue Estimates

Mukesh Buch
16 Feb, 2018
New York City

Ameren net swung to a loss on tax bill charges. Barnes Group beats earnings estimates. Coca-Cola net swung to a loss and revenues plunged 20%. Deere & Co lifted revenues forecast. Smucker raised fiscal outlook.

Pension Hurt Positive Quarter at Air France, Renault Reports Record Profit

Sarla Buch
16 Feb, 2018
New York City

Air France KLM reported rising revenues and plans to expand capacity but pension costs hurt quarterly results. EDF estimated profit to rebound on higher power prices. Pfeiffer Vacuum revenues surged. Renault reported record 2017 earnings on higher vehicle sales.

Cisco at 17-Year High on Growth Outlook, Omnicom Plunges on Weak Revenue

Mukesh Buch
15 Feb, 2018
New York City

Acorda Therapeutics net loss widened but revenues surged. ALLETE missed profit and revenue estimates. Cisco offered upbeat revenue growth forecast and stock surges. EQT swung to a loss. Omnicom net tumbled on weak revenues. Sonoco net slumped but revenues jumped.

Airbus Profit Jumps on Record Deliveries, Nestle Revenues Decline

Sarla Buch
15 Feb, 2018
New York City

Airbus profit surged on record plane deliveries. Aegon net declined but revenues jumped. Air Liquide beats profit estimates. Nestle profit tumbled on weak revenues in for the first time in several decades.

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