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Estee Lauder Upbeat on Outlook, Electronic Arts Loss Narrrows

Mukesh Buch
01 Nov, 2017
New York City

Allergan net swung to a loss but revenues jumped 11%. CDW net rose on improved 9% sales. Estee Lauder net soared on upbeat fiscal forecast. Electronic Arts net loss narrowed. New York Times profit surged on digital subscription. Thomson Reuters net soared 21%.

Nordisk Warns on the U.S. New Legislation, Next Lowers Outlook

Sarla Buch
01 Nov, 2017
New York City

Criteo declined on weak forecast. Geberit said profit plummeted 11%. Next tumbled on volatile sales update but lifted pretax profit forecast. Novo Nordisk profit increased on strong demand in diabetic drugs. Weir estimated a slight weakness in profit estimate.

MasterCard Rises on Transaction Volumes, Pfizer Profit Doubled

Mukesh Buch
31 Oct, 2017
New York City

Aetna lifted fiscal outlook. Archer Daniels net tumbled on weak export. American Tower net soared 26%. Cummins dropped on weaker margins despite profit surged. Kellogg beat third-quarter results. MasterCard net grew on higher transaction volumes. Pfizer net doubled.

BP Plans to Launch Stock Buyback, BNP Paribas Drops on Weak Trading Revenues

Sarla Buch
31 Oct, 2017
New York City

Airbus Profit jumped but new order intake declined from a year ago. BNP Paribas fell on lower trading revenues. BP swung to profit on oil prices. Clariant rose on improved business in North America. Ryanair profit surged 11%.

Lennar in $5.7 B Deal with CalAtlantic; CNA Financial, Loews Net Fall

Mukesh Buch
30 Oct, 2017
New York City

ACCO Brands lifted sales outlook. Affiliated Managers net soared on 8% jump in revenues. CNA Financial profit tumbled 58%. Constellation Brands agreed to buy 9.9% stake in Canopy Growth Corp. Lennar agreed to acquire CalAtlantic for $5.7 billion. Loews profit plunged.

Asia Pivot Drives HSBC Profit Higher, Novartis to Buy Nuclear Medicine Maker

Sarla Buch
30 Oct, 2017
New York City

Akzo Nobel approached the U.S.-based Axalta for a possible merger. Glencore lifted full-year profit forecast but cut output estimates. HSBC reported better-than-expected profit from Asian business. Bankia revenues plunged 10%. Novartis agreed to buy Advanced Accelerator for $3.9 billion.

Surge in Alphabet, Amazon, Intel and Microsoft Lift Indexes

Mukesh Buch
27 Oct, 2017
New York City

Alphabet beats earnings estimates on rising aggregate advertising revenues. Amazon Roars ahead with broader revenues rise. CVS is in talks to acquire Aetna for $66 billion. Exxon profit surges. Intel PC revenues drop but report strong quarterly revenues. Microsoft rides cloud boom.

RBS Profit Soar on Cost Control, UBS Net Jumps 32%

Sarla Buch
27 Oct, 2017
New York City

Kuka revenues soared on strong demand in China. Linde profit declined on weak revenues. RBS reported third consecutive quarterly profit after cost-cutting. Safran beats revenue growth expectations. Total SA net soared 40%. UBS profit surged 32%.

Walgreens Closes 600 Rite Aid Stores; Valero Rides Post-Harvey Price Jump

Mukesh Buch
26 Oct, 2017
New York City

Comcast reported a surge in profit. Twitter soared after net loss narrowed. Valero profits jumped on higher post-Harvey gas prices. Walgreens closes 600 Rite Aid stores. Xerox beats expectations.

Investors Focus on Barclays, Deutsche Bank Trading Revenues; Nokia Tumbles

Sarla Buch
26 Oct, 2017
New York City

Barclays declined on weak trading revenues. Deutsche Bank trading slump but profit surged. Nokia tumbled on gloomy outlook but profit doubled. Schneider Electric lifted revenues forecast. Banco Santander net soared but investors stay tuned for Catalonia decision.

AT&T, Boeing Profit Decline; Visa Beats Estimate on Europe Growth

Mukesh Buch
25 Oct, 2017
New York City

AT&T profit declined after TV Subscription and wireless phone businesses shrink. Boeing profit plunged despite record plane deliveries. Coca-Cola profit surged 38% but revenues tumbled 15%. General Dynamics profit jumped 18%. International Paper net soared. Visa profit surged.

GlaxoSmithKline Net Jump on New Drugs Demand, Lloyds Banking Net Soars

Sarla Buch
25 Oct, 2017
New York City

Lufthansa said deal with the smaller rival Air Berlin is expected to generate positive impact in 2019. Fiat Chrysler profit soared despite shipment fell 6%. GlaxoSmithKline profit surged on strong demand for Tivicay and Relvar. Lloyds Banking lifted fiscal outlook.

GM Net Swings to a Loss; 3M and McDonald

Mukesh Buch
24 Oct, 2017
New York City

3M lifted profit outlook. Biogen beats profit and revenue estimate. Caterpillar profit jumped on strong equipment demand. GM net swung to a loss on downtime. Eli Lilly profit beats estimate and the drug maker may sell or spinoff of animal health business. McDonald''s profit surged 48%.

BASF Beat Expectations, Novartis New Drugs Sales Surge

Sarla Buch
24 Oct, 2017
New York City

Atos said cyber-security division revenues soared. BASF reported better-than-expected earnings growth of 35%. Covestro plans to buy back as much as

Cisco to Acquires BroadSoft; Halliburton Profit Rebounds, Hasbro Net Jumps

Mukesh Buch
23 Oct, 2017
New York City

Cisco agreed to buy BroadSoft for $1.9 billion. Hartford Financial net plunged 47%. Halliburton profit rebounded on higher oil prices. Hasbro net soared 15%. Illinois Tool net surged 20%. Kimberly Clark reaffirmed fiscal 2017 outlook. VFC Corp net tumbled 23%.

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