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Abercrombie, Foot Locker, Hibbett, Ross Stores Surge on Results

Mukesh Buch
17 Nov, 2017
New York City

Abercrombie & Fitch jumped on higher sales. Buckle profit disappointed. Foot Locker soared on upbeat earnings. Gap jumped on strong earnings, same-store sales and the outlook. Hibbett revised higher fiscal outlook. Ross Stores soared on strong results.

Carillion Tumbles on Debt Worries, Vivendi Delays Ubisoft Takeover

Sarla Buch
17 Nov, 2017
New York City

Carillion plunged 33% after another profit warning. Elior tumbled on profit and weaker-than-expected benefits from its cost savings plan. Kier Group reiterated its outlook. Vivendi said the company is not going to pursue Ubisoft hostile takeover in the next six months.

Emerson Lifts Rockwell Bid, Wal-Mart Soars on Guidance

Mukesh Buch
16 Nov, 2017
New York City

Best Buy profit forecast disappointed Wall Street. Cato plunged on earnings woes. Emerson revised its bid to $29 billion for Rockwell. Smucker lowered earnings forecast. Wal-Mart comparable sales beat estimates.

Bouygues Lifts Outlook, British Land Swings to Profit

Sarla Buch
16 Nov, 2017
New York City

Bouygues reported better-than-expected results. British Land reported robust first-half profit on asset sale. Iliad revenues jumped as the telecom operator adds new subscribers. K+S Group reaffirmed fiscal 2017 forecast. Sodexo profit surged 14%.

Beazer Swings to Profit on Higher Home Prices, Target Disappoints

Mukesh Buch
15 Nov, 2017
New York City

Beazer Homes net swung to profit. Children''s Place beats profit estimate and lifted fiscal 2017 outlook. Meritor revenues surged on higher production and new business wins. Sally Beauty blamed profit decline on natural catastrophes. Target holiday estimate disappoints Wall Street.

GE Plunges on Outlook Worries, Home Depot Lifts Estimates

Mukesh Buch
14 Nov, 2017
New York City

Advance Auto Parts surges on upbeat estimate. Aramark declined. Dicks Sporting Goods warns on margins but lifted fiscal outlook. GE lowered cash flow and dividend estimate. Home Depot profit jumped and lifted full-year forecasts. TJX net jumped.

Airbus Signs 430 Aircrafts Deal with Indigo, Hapag-Lloyd Freight Volume Surges

Sarla Buch
15 Nov, 2017
New York City

Airbus signed contracts for 430 aircrafts at Dubai Air Show. Hapag-Lloyd said marine transport volume surged 24%. TalkTalk booked a loss on restructuring costs. Wirecard lifted full-year profit guidance.

Henkel and Alstom Show Signs of Strength; Vodafone Revised Estimate Higher

Sarla Buch
14 Nov, 2017
New York City

Alstom reaffirmed fiscal outlook and highlighted stable order book. EDF confirmed to sell its Polish assets. Henkel reported strong performance. Vodafone operating profit hurt from pricing war and new taxes but telecom operator sounded optimistic note. United Internet profit jumped.

Boeing Wins Strong Orders at Dubai Show, Qualcomm Rejects Broadcom Offer

Mukesh Buch
13 Nov, 2017
New York City

Aecom net surged on 12% jump in revenues. Boeing secured strong orders at the opening of Dubai Air Show. Qualcomm rejected $103 billion offer from Broadcom. Tyson Foods net slid but revenues soared 10%.

EDF Tumbles on Weak Forecast, Innogy Writes Down Asssets in Npower

Sarla Buch
13 Nov, 2017
New York City

EDF tumbled on weak fiscal 2018 outlook. Innogy booked

Arcelor Mittal Earning Beats Expectations, JC Penney Loss Widens

Mukesh Buch
10 Nov, 2017
New York City

Arcelor Mittal reported better-than-expected results. JC Penney said net loss widened on weak sales. Macy

Allianz Expands Stock Buy Back Plan, Vallourec Narrowed Loss

Sarla Buch
10 Nov, 2017
New York City

Allianz profit jumped despite catastrophe hit but lowered fiscal profit outlook. Bechtle lifted fiscal 2017 sales and profit forecast. Freenet profit surged 55% on 8% jump in revenues. Leonardo tumbled after weak revenues and profit estimate. Vallourec net loss narrowed.

AstraZeneca Net Slumps on Weak Crestor Sales, MGM Net Drops

Mukesh Buch
09 Nov, 2017
New York City

AstraZeneca profit slumps on weak sales of Crestor. Magna International sales jump after higher production in Europe. MGM Resorts profit tumbled but revenues surged 18%. Office Depot profit plunged 52%. Time revenues fell as ad revenues declined.

Siemens Signals Restructuring, Munich Re Result Hits by Catastrophes

Sarla Buch
09 Nov, 2017
New York City

Credit Agricole reported weak trading revenues. Engie profit declined after asset disposals in the U.S. and Indonesia. Munich Re said natural catastrophe losses dominate third quarter results. Siemens industrial profit declined and highlighted struggles in turbine and wind power businesses.

Energizer Sales on Hurricane Related Demand, Global Payments Beats Estimates

Mukesh Buch
08 Nov, 2017
New York City

Cable One plunged after executive chairman announced retirement. CGI Group net declined on one-time charges. Conduent net swung to a loss on weak revenues. Energizer net surged on hurricanes related revenues. Global Payments earnings beat estimates.

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