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Target Lifts Profit Outlook, Urban Outfitters Surges on Quarterly Results

Mukesh Buch
16 Aug, 2017
New York City

Agilent Technologies net surged 41%. Jack Henry & Associates net tumbled. MSG Networks beats expectations. Performance Food net soared 38%. Target lifted profit guidance. Urban Outfitters surged on sales and earnings beat.

U.K. Construction Rebound Lifts Balfour, ICA Gruppen Net Surges 38%

Sarla Buch
16 Aug, 2017
New York City

Admiral net hurt by lowered rates on personal injury policies. Balfour Beatty net swung to profit on the rebound in U.K. construction activities. Bgeo Group profit soared on higher income in segment business. ICA Gruppen profit surged 38%. Nanogate lifted outlook.

Advance Auto Parts, Coach, Dicks Sporting, Home Depot Tumble; TJX Jumps

Mukesh Buch
15 Aug, 2017
New York City

Advance Auto Parts tumbled after net declined 30%. Coach plunged on weak outlook. Dicks Sporting plummeted on lower earnings and sales outlook. Home Depot sales surged. TJX net fell but lifted fiscal outlook.

Air Berlin Files for Insolvency, K&S Net Plunges

Sarla Buch
15 Aug, 2017
New York City

Air Berlin today filed for bankruptcy protection after Etihad withdrew its financial support. Hargreaves revenues jumped. K&S net plunged 30% and reaffirmed fiscal 2017 outlook. Mears net dropped 5% and lowered fiscal revenues forecast.

Andeavor to Buy Western Refining, Third Point Takes Black Rock Stake

Mukesh Buch
14 Aug, 2017
New York City

Andeavor Logistics agreed to acquire Western Refining in a deal valued at $1.8 billion. Third Point acquired a stake in BlackRock and reaffirms its interest in Alibaba.Group. Sysco profit soared 42%. Target agreed to buy Grand Junction. VF Corp agreed to acquire family-owned Williamson-Dickie.

Bilfinger Loss Narrowed, RWE Declares Special Dividend

Sarla Buch
14 Aug, 2017
New York City

Bilfinger net loss narrowed despite decline in revenues. Danone surged on merger speculation. Chinese automaker plans to bid for Fiat Chrysler. RWE declared special dividend. ThyssenKrupp may be nearing a deal with Tata Steel.

Nordstrom Online Sales Surge, JCPenney, Snap Inc Net Loss Widen

Mukesh Buch
11 Aug, 2017
New York City

Applied Indl Tech net more than doubled. Acushnet net jumped 22% but revenues plunged 8%. Enerplus net swung to profit on 69% jump in revenues. J C Penney drops to record low. Nordstrom net slumped. NVIDIA net more than doubled. Snap net loss widened.

European Indexes Drop 2%, Old Mutual Net Jumps

Sarla Buch
11 Aug, 2017
New York City

Innogy net plunged but reaffirmed outlook. KPS net increased. Novozymes depreciation and write-downs jumped. Nationwide Building Society said mortgage lending declined 31%. Old Mutual profit soared 87% on 45% jump in revenues.

Blue Apron, Dillard's, Kohl's, Macy's Plunge; Perrigo, Vista Outdoor Jump

Mukesh Buch
10 Aug, 2017
New York City

Blue Apron tumbled after net swung to a loss. Dillard''s plunged on disappointed results. Kohl''s beats profit forecasts. Macy''s net surged but sales declined. Perrigo surged after net loss narrowed. Vista Outdoor revenues plunged but reaffirmed fiscal outlook.

Glencore Lifts Outlook, Thyssenkrupp Net Drops Brazil Divestment

Sarla Buch
10 Aug, 2017
New York City

Aegon net swung to profit and agreed to sells its Irish unit. Co-op Bank net loss widened. Glencore net swung to profit after revenues soared. Henkel reaffirmed fiscal outlook. ThyssenKrupp net swung to loss on the divestment of Brazil mill. TUI net loss widened.

Office Depot Tumbles on Outlook, Disney Eases on Flat Revenues

Mukesh Buch
09 Aug, 2017
New York City

Avnet net plunged but sales surged. Cars.com net tumbled 41% on flat revenues. Echostar profit plunged 88%. Office Depot lowered fiscal sales outlook. Vantiv lifted fiscal 2017 revenue outlook and agreed to acquire the U.K.-based Worldpay.

Worldpay in

Sarla Buch
09 Aug, 2017
New York City

G4S lifted revenues forecast. Hastings Group net surged after new legal rules in motor insurance premiums. Legal & General net soared 42%. Munich Re net plunged 9%. Symrise lifted fiscal outlook. Worldpay agreed to be acquired by Vantiv for

Dean Foods Tumbles; Michael Kors, Ralph Lauren Surge

Mukesh Buch
08 Aug, 2017
New York City

CBS net tumbled 86% but revenues jumped 9%. CVS Health lowered full year earnings outlook. Dean Foods net declined 47%. Gartner net swung to a loss but revenues surged. Icahn Enterprises net swung to profit. Michael Kors net and sales plunged.

Deutsche Post, Standard Life Net Soar; Pandora Plunges 11%

Sarla Buch
08 Aug, 2017
New York City

Bellway forecasted strong growth in revenues. Deutsche Post profit jumped. Pandora reaffirmed revenue estimate but missed earnings estimates. Paddy Power Betfair net swung to profit. Standard Life profit soared 29% ahead of Aberdeen merger this month.

NxStage Agrees to Merge with Fresenius, Horizon Pharma Lifts Outlook

Mukesh Buch
07 Aug, 2017
New York City

Booz Allen net soared 17%. First Data profit surged 22%. The GEO plunged despite 5% jump in revenues. Horizon Pharm lifted fiscal outlook. II-VI net more than doubled. Tyson Foods net declined 8% but revenues soared.

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