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Emerging Markets Drive Ashmore Results, Go-Ahead Issues Profit Warning

Sarla Buch
07 Sep, 2017
New York City

Ashmore profit surged 31% on 11% jump in revenues. Bovis Homes net tumbled 29%. Go-Ahead said fiscal 2018 profit may be hit after it lost a contract. Redde net dropped 6%. Wendel net swung to profit.

HP Enterprise Beats Expectations, HD Supply Net Jumps

Mukesh Buch
06 Sep, 2017
New York City

Calavo Growers net plunged but revenues jumped 15%. Casey''s General net declined. Dave & Buster''s profit surged. Fred''s and G-III Apparel reported wider net loss. Hewlett Packard Enterprise net tumbled 93%. HD Supply profit soared. Navistar net swung to profit.

UK Home Builders Suffer from Brexit Woes, Sports Direct Reaffirms Outlook

Sarla Buch
06 Sep, 2017
New York City

U.K. based home builder Berkeley said fiscal profit is in line with market expectation. Barratt reported strong results. Sports Direct reaffirmed fiscal 2018 profit forecast. Vectura net loss widened.

4 Deals Including Daily News and Rockwell Collins Dominate Merger Monday

Mukesh Buch
05 Sep, 2017
New York City

HB Fuller agreed to acquire smaller rival Royal Adhesives for $1.6 billion. Nasdaq plans to buy eVestment for $705 million. Tronc agreed to buy the Daily News. Teleflex plan to buy NeoTract for $1.1 billion. United Technologies agreed to buy Rockwell Collins for $23 billion.

Aveva Surges on Schneider Deal, Merck Plans to Sell Consumer Health Unit

Sarla Buch
05 Sep, 2017
New York City

Merck KGaA plans to sell its consumer health business including its unit in India. Lego plans to cut 1,400 positions. Redrow profit and revenues surged on strong housing demand. The Angry Birds game maker Rovio plans to raise

Dechra Lifts Dividend on Profit Surge, EU Approves Air Berlin Aid

Sarla Buch
04 Sep, 2017
New York City

C&C agreed to acquire 47% stake in pub operator Admiral Taverns. Dechra profit more than doubled and the drug maker lifted annual dividend. Johnson Service net soared and the work-wear provider estimated yearly results may slightly ahead of market expectations.

Dow, DuPont Complete $130 B Merger; Palo Alto Network, Lululemon Surge

Mukesh Buch
01 Sep, 2017
New York City

Ambarella tumbled after net plunged and disappointed outlook. The Cooper beats earnings estimate. Dow and DuPont successfully merged after two years. Lululemon net plummeted but revenues jumped. Palo Alto surges on customer growth.

Vivendi Cites Canal+ Improvements, Iliad Adds More Subscribers

Sarla Buch
01 Sep, 2017
New York City

Gemalto profit plunged and the digital security services provider lowered outlook. Iliad, France based mobile telecom operator, said net income surge was driven by the growth in subscribers. Vivendi profit tumbled. Volvo soared on higher operating margin forecast.

Ciena Drops on Forecast, Dollar General Tumbles Despite Higher Outlook

Mukesh Buch
31 Aug, 2017
New York City

Ciena tumbled on weak fourth-quarter outlook. Campbell Soup net swung to profit but warns sales may decline. Dollar General beat sales growth and lifted earnings forecast but stock drops on competitive environment worries. Genesco net swung to a loss. Workday net loss narrowed.

Carrefour Lowered Outlook, Pernod Ricard Net Jumps on Strong U.S. Sales

Sarla Buch
31 Aug, 2017
New York City

Bouygues net swung to profit on new international contracts. Carrefour lowered fiscal sales outlook after net declined 40%. Eiffage net soared 26%. Hays declared first special dividend after profits surged. Pernod Ricard profit jumped on strong the U.S. sales

Analog Devices Beats Expectations; United Tech, Rockwell in Merger Talks

Mukesh Buch
30 Aug, 2017
New York City

Analog Devices net tumbled but revenues surged. Bob Evans lifted fiscal outlook. Chico''s declined on weak sales and margins. Caleres soared after strong quarterly result. Dycom Industries net dropped 12%. H&R Block plunged after net loss widened. Vera Bradley net slumped.

BioMerieux Lifts Sales Outlook, Looking Ahead Petrofac Slices Dividend

Sarla Buch
30 Aug, 2017
New York City

BioMerieux lifted fiscal 2017 sales forecast. Baloise Holding first-half profit soared 34%. James Fisher estimated strong growth in the year after sales in the first-half jumped 13%. Petrofac profit surged but revenues plunged 21%.

Best Buy Plunges on Sales, Margin Warning; Hain Celestial Soars on Guidance

Mukesh Buch
29 Aug, 2017
New York City

Best Buy lifted fiscal outlook but cautioned on operating margins and sales growth outlook. Catalent soared on the revenue surge. Hain Celestial raised fiscal forecast. Movado surged despite net declined 13%. J.Jill tumbled. PAREXEL International net declined.

Hapag-Lloyd Loss Narrows, Deloitte UK Revenues Jumps 11%

Sarla Buch
29 Aug, 2017
New York City

Bunzl profit and revenues surged. Deloitte reported double-digit revenue growth. Hapag-Lloyd net loss narrowed on the improved transport volume. Mitie Group is facing UK regulatory investigation. Renault and Nissan to join electric car race in China.

Gilead in $11 B Deal with Kite Pharma, CBS to Buy Australia Based Network

Mukesh Buch
28 Aug, 2017
New York City

CBS Corp plans to acquire Australia-based Network Ten. Gilead Sciences to acquire immunotherapy developer Kite Pharma for $11.9 billion. Littelfuse intends to acquire smaller rival IXYS Corp for $750 million. Ulta Beauty results are ahead of expectation.

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