Market Update

American Woodmark Rides Housing Boom, Ubiquiti Beats Estimates

Mukesh Buch
27 Aug, 2018
New York City

American Woodmark net jumped 11% on 55% surge in revenues. Jianpu Technology net loss narrowed after revenues soared 92%. Qudian reported strong results. Ubiquiti Networks beat earnings estimates.

Russian Investor Targets Spanish Retailer DIA, Metro Shake Up Lifts Stock

Sarla Buch
27 Aug, 2018
New York City

Russian investor Mikhail Fridman is said to be in preliminary talks to acquire Spanish food retailer DIA. Evotec signed a partnership agreement with Centogene for drug discovery project. Long awaited Metro stake sale raises investor hopes that the laggard retailer will sharpen business focus.

Gap Sales Disappoint; HP Profit Surge, Autodesk Soars

Mukesh Buch
24 Aug, 2018
New York City

Autodesk earnings were ahead of estimates. Foot Locker tumbled. Gap plunged on weak sales at its name brand stores. HP net soared 26%.Ross Stores profit surged. VMware revenues soared 13%.

German Real Estate Developers Report Rising Revenues, U-Blox Tumbles

Sarla Buch
24 Aug, 2018
New York City

Instone Real Estate jumped on higher fiscal revenues estimates. Kingspan reported better-than-expected results. WCM Beteiligungs net more than doubled on 40% jump in revenues. U-Blox tumbled on weak forecast.

L Brands Lowers Outlook, Williams-Sonoma Beats Estimates

Mukesh Buch
23 Aug, 2018
New York City

Children''s Place lifted fiscal earnings outlook. Hormel Foods lowered sales estimates. L Brands lowered earnings estimates after profit declined 29%. Stage Stores net loss widened. Williams-Sonoma reported stronger second-quarter results.

Playtech Maintained Dividend, Cold Weather Fails to Dampen CRH Profit

Sarla Buch
23 Aug, 2018
New York City

Ambu lifted sales and operating margin forecast. CRH Plc profit surged. OneSavings Bank net soared 18% on 16% surge in revenues. Playtech maintained interim dividend. Sunrise Communications lifted profit estimate.

Target Surges on Rising Store and Online Sales, Lowes Comp Sales Soar

Mukesh Buch
22 Aug, 2018
New York City

Analog Devices beats earnings estimates. Keysight Technologies surged after upbeat outlook. Lowe''s net and revenues soared 7%. La-Z-Boy profit soars. Target reported historical results. Urban Outfitters revenues jump 14%.

Continental Tumbles, Adyen Net Surges on Rising Transaction Volume

Sarla Buch
22 Aug, 2018
New York City

Adyen NV reported strong results after record initial public offering. Continental tumbled after the tire maker lowered fiscal outlook on higher costs and warranty claims. Jyske Bank profit and revenues declined. GN Store Nord reaffirmed fiscal outlook.

Medtronic Lifts Outlook, Toll Brothers Surges on Rising Home Demand

Mukesh Buch
21 Aug, 2018
New York City

Coty tumbled on weak revenues. Medtronic lifted fiscal outlook after profit soared. Smucker after lowered fiscal outlook. Kohl''s lifted fiscal outlook. Toll Brothers profit jumped on strong demand. TJX jumped after lifted fiscal outlook.

BHP Net Tumbles, Persimmon Net Surge on Strong Deliveries

Sarla Buch
21 Aug, 2018
New York City

BHP Billiton profit tumbled but revenues surged. Dermapharm reaffirmed fiscal outlook. Persimmon profit soared on strong delivery and price. Polymetal profit soared on higher production and prices. John Wood net swung to a loss but revenues surged.

PepsiCo to Acquire Israeli Company, Tyson Foods Buys Keystone

Mukesh Buch
20 Aug, 2018
New York City

ConocoPhillips signed an agreement to recover $2 billion from Venezuela controlled oil company. Estee Lauder revenues soared but profit declined 19%. PepsiCo agreed to buy SodaStream. Tyson Foods agreed to acquire Brazil-based Keystone.

Mulberry Tumbles on Profit Warnings, KPMG Fines Ted Baker

Sarla Buch
20 Aug, 2018
New York City

Mulberry tumbled after the luxury retailer warned of weak sales. The U.K. government took over the operation of Birmingham prison from G4S. KPMG fined Ted Baker for auditing misconduct.

Deere Reported Strong Results, Nordstrom Profit Surged

Mukesh Buch
17 Aug, 2018
New York City

Applied Materials plunged on weak fiscal outlook. America

A.P. Moller

Sarla Buch
17 Aug, 2018
New York City

A.P. Moller

Cisco Advances on Upbeat Views, Walmart Soars 10% on Higher Outlook

Mukesh Buch
16 Aug, 2018
New York City

Cisco Systems earnings and revenues beat estimates. Dillard net loss narrowed. J. C. Penney lowered fiscal 2018 after net loss widened. Walmart net swung to a loss but lifted fiscal 2019 forecast.