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AstraZeneca Falls on Cancer Drugs Trial Failure; LVMH and Dior Soar

Sarla Buch
27 Jul, 2017
New York City

AstraZeneca tumbled 16% after the company said its lung cancer trials failed to meet expectations. Christian Dior net surged. Diageo jumped on higher margin and buyback plan. Deutsche Bank profit surged but warned on revenue outlook. LVMH sales soared. Lloyds Banking set aside additional

AMD, Boeing, General Dynamics Lift Outlook, Coca-Cola Net Tumbles

Mukesh Buch
26 Jul, 2017
New York City

AMD stock surged on better-than-expected sales. Boeing lifted fiscal outlook. Coca-Cola net tumbled 59% on charges associated with the refranchising of bottling territories. Ford net jumped. General Dynamics lifted earnings outlook.

Daimler Reports Record Sales, Glaxo Trims Earnings Outlook

Sarla Buch
26 Jul, 2017
New York City

Atos reaffirmed fiscal outlook. BASF net declined 15% on 24% plunge in revenues on substantially lower contributions in the Oil & Gas segment. Daimler net rose 2% and forecasted fiscal 2017 growth of about 3%. Glaxo net swung to profit. ITV net plunged 15%.

Alphabet Advertising Revenues Soars, 3M Lifted Outlook

Mukesh Buch
25 Jul, 2017
New York City

3M net soared and lifted outlook. Alphabet net declined but revenues jumped after advertising revenue soared. Caterpillar net surged 46%. Domino''s domestic sales jumped.

Jimmy Choo in

Sarla Buch
25 Jul, 2017
New York City

Covestro net profit more than doubled on 20% surge in revenues. Dassault revenues and profit jumped. Groupe Eurotunnel net tumbled 41% but the transportation company held out for improved results. Jimmy Choo agreed to be acquired by Michael Kors for

WebMD Accepts $2.8 B Deal, Halliburton Swings to Profit

Mukesh Buch
24 Jul, 2017
New York City

Cal-Maine Foods net loss widened on 9% decline in revenues. Halliburton net swung to profit after 31% increase in revenues. Hasbro revenues surged. Illinois Tool lifted fiscal outlook. ManpowerGroup net rose. VF Corp net more than doubled.

Reckitt Sales Slump on Cyber Attack, Ryanair Warns Softer Prices

Sarla Buch
24 Jul, 2017
New York City

Partners Group agreed to buy the U.K.-based Civica for

GE Sales Down 12%; Honeywell, Microsoft, Visa Net Surge

Mukesh Buch
21 Jul, 2017
New York City

Colgate-Palmolive net declined 13% on disappointing sales. eBay profit tumbled but met revenues expectations. GE continued to struggle with revenues and quarterly sales fell 12%. Microsoft net more than doubled. Visa net surged.

Vodafone Battles Global Fall in Rates, Paysafe Receives Takeover Offer

Sarla Buch
21 Jul, 2017
New York City

France based auto equipment maker Faurecia lifted fiscal forecast. Paysafe received a conditional takeover offer for

Abbott Lifted Forecast; BNY Mellon Net Soars, Qualcomm Net Declines

Mukesh Buch
20 Jul, 2017
New York City

Abbott net plunged but revenues soared and lifted profit forecast. BNY Mellon net surged on higher clearing services. Danaher net slumped but revenues jumped. Kinder Morgan net rose. Philip Morris net slid. Qualcomm net and revenues tumbled. Travelers net declined.

Publicis Lifted by U.S. Business, Unilever Revises Margin Target Higher

Sarla Buch
20 Jul, 2017
New York City

easyJet lifted fiscal profit forecast. Publicis revenues rose after improved performance in the U.S. Premier Foods sales declined on weak grocery sales. Sports Direct profit tumbled. Unilever net soared.

Reckitt Benckiser and McCormick in $4 B Deal, Electrolux Net Soars

Sarla Buch
19 Jul, 2017
New York City

Drax said net swung to loss and the electric utility plans to increase natural gas as fuel. Electrolux profit surged after strong demand in North America. Reckitt Benckiser agreed to sells its food business to McCormick for $4.2 bn. RPC lifted revenues forecast. Sweden-based Tele2 revenues jumped.

IBM Revenue Decline Extends in 5th Year; Morgan Stanley Beat Estimates

Mukesh Buch
19 Jul, 2017
New York City

Crown Castle plans to acquire Lightower Fiber Networks for about $7.1 billion. Grainger profit tumbled but reaffirmed fiscal 2017 forecast. Morgan Stanley profit trading revenues lead industry surpassing Goldman Sachs. United Continental net surged.

Bank of America Beat Earnings, J&J, Lockheed Martin Lifted Outlook

Mukesh Buch
18 Jul, 2017
New York City

Bank of America profit soared on higher interest rate income and rising deposits. Goldman Sachs slumped on weak bond trading revenue. Harley-Davidson net plunged and motorcycle maker lowered shipment forecast. J&J lifted fiscal 2017 outlook. Netflix surged.

Ericsson Net Swings to Loss, Rio Tinto Lowered Iron Ore Outlook

Sarla Buch
18 Jul, 2017
New York City

British Land plans to buy back up to

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