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Cracker Barrel Net Rises 2%, Hibbett Sports Misses Sales Estimate

Mukesh Buch
27 Nov, 2018
New York City

Cracker Barrel beats earnings results. Diana Shipping reported better-than- expected results. Eaton Vance income edged up. Hibbett Sports missed earnings estimates. MTS Systems net doubled.

Thomas Cook Plunges 23% after Dividend Suspension, Accor Reaffirms Outlook

Sarla Buch
27 Nov, 2018
New York City

Accor reaffirmed to double profit by 2022. Greggs lifted profit forecast after strong sales in October and November. Pets at Home profit tumbled. Thomas Cook issued second profit warning in as many months.

Paychex to Buy Oasis Outsourcing, CenterState to Acquire National Commerce

Mukesh Buch
26 Nov, 2018
New York City

CenterState Bank agreed to buy National Commerce. Paychex agreed to buy rival Oasis Outsourcing Acquisition for $1.2 billion. United Technologies received Chinese regulatory approval for $30 billion deal with Rockwell Collins.

DNO Makes Direct Offer to DNO Shareholders, Logitech Ends Plantronics Talks

Sarla Buch
26 Nov, 2018
New York City

Aryzta surged on the improved outlook. Datagroup reported better-than-expected results. Faroe Petroleum surged on hostile bid from the Norway-based DNO. Logitech terminated acquisition talk with the U.S.-based Plantronics.

Virgin Atlantic May Acquire Flybe, GEA Lowers Outlook

Sarla Buch
23 Nov, 2018
New York City

Ibstock divested the U.S.-based business and reaffirmed fiscal forecast. Flybe approaches Virgin Atlantic for a possible sale. GEA Group tumbled after the food processor lowered fiscal outlook. Rotork third-quarter revenues soared. Saint-Gobain sells its China business.

Centrica Struggles with Customer Loss, Price Caps; Mitchells & B Net Jumps

Sarla Buch
22 Nov, 2018
New York City

Befesa profit surged. Centrica declined after the utility lost home energy customers and cap on energy prices. Severn Trent reported nearly flat earnings. Mitchells & Butlers said net soared 65%. United Utilities reported upbeat first-half results.

Deere & Co Sales Jump, Gap to Close Stores with Lagging Sales

Mukesh Buch
21 Nov, 2018
New York City

Autodesk reported better-than-expected results. Copart reported strong first-quarter results. Deere & Co net and revenues jumped. Foot Locker upbeat earnings lifts stock. The Gap net soared.

Porsche Lowers Outlook on Rising Global Tensions, Johnson Matthey Shines

Sarla Buch
21 Nov, 2018
New York City

BTG is considering to accept an offer from the U.S.-based Boston Scientific for

Best Buy Reported Strong Results; Target, TJX and Ross Drop

Mukesh Buch
20 Nov, 2018
New York City

Analog Devices beat earnings results. Best Buy reported better-than-expected results. Campbell Soup quarterly profit beats estimates. Kohl''s net surged and retailer lifted earnings per share forecast. TJX fell despite strong results. Target missed earnings estimates.

Compass Group Optimism Lifts Stock, Wirecard Falls on Weak Guidance

Sarla Buch
20 Nov, 2018
New York City

AVEVA first-half revenues surged after strong demand in industrial software. Compass reported better-than-expected results. Dermapharm net fell but forecasted improved fiscal revenues. EasyJet profit surged 41%. Wirecard plummeted on lower profit guidance.

Colfax to Buy DJO Global, Cimarex to Buy Resolute Energy

Mukesh Buch
19 Nov, 2018
New York City

Blommer Chocolate agreed to be acquired by Fuji Oil Holdings. Colfax Corp agreed to buy DJO Global for $3.15 billion. Cimarex Energy plans to acquire Resolute Energy for $1.6 billion. QEP Resources agreed to sell its oil and gas assets in Louisiana.

Airbus Wins Telecom Satellite Contract; Ineos to Buy North Sea Oil Field

Sarla Buch
19 Nov, 2018
New York City

Babcock rejected the recent media report of half-year write-down. easyJet jumped ahead of its scheduled earnings release on November 20. Airbus wins contract for two satellites from Eutelsat.

Nvidia Plunges on Lower Sales; Nordstrom Tumbles on Weak Revenues

Mukesh Buch
16 Nov, 2018
New York City

Applied Materials declined on weak outlook. Helmerich & Payne beats earnings estimates. Nvidia plunged after the chip maker missed revenues estimates. Nordstrom plunged after net tumbled on weak sales.

Vivendi Beats Revenue Estimates, NKT Tumbles on Weak profit

Sarla Buch
16 Nov, 2018
New York City

Intermediate Capital said assets under management in the first-half jumped 23%. Ineos Enterprises agreed to acquire composites business of the U.S.-based Ashland Global Holdings. Denmark-based NKT tumbled on lowered operating profit. Vivendi beats revenues estimates.

Bouygues Lowers Profit Outlook; Royal Mail Net Tumbles

Sarla Buch
15 Nov, 2018
New York City

Bouygues profit jumped on higher telecom business. Henkel reaffirmed fiscal outlook. Linde sales dropped but profit soared. Royal Mail tumbled.

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