ticker

Carlsberg Lifted Outlook; Henkel Lowers Earnings Forecast

Sarla Buch
16 Aug, 2018
New York City

Carlsberg lifted fiscal outlook after strong demand in Asia. Henkel net plunged and lowered earnings forecast. ICA Gruppen profit tumbled on higher operating costs as the retailer struggles with heat wave in Europe. Wirecard profit and revenues surged.

Macy

Mukesh Buch
15 Aug, 2018
New York City

Agilent Technologies slumped on weak forecast. Constellation Brands plans to invest $4 billion in Canada-based marijuana grower. Diamondback agreed to buy Energen. Macy''s plunged 13% on flat comparable sales. MSG Networks net soared.

Leoni Tumbles on Weak Results, Vestas Wind Launches Stock Buy Back

Sarla Buch
15 Aug, 2018
New York City

Admiral Group net and revenues advanced. Balfour Beatty revenues declined 10%. Hikma Pharmaceuticals reported strong first-half results. Leoni tumbled. Vestas Wind Systems plans to launch share buyback program.

Advance Auto Parts Beats Estimates, Home Depot Lifts Outlook

Mukesh Buch
14 Aug, 2018
New York City

Advance Auto Parts beats earnings and sales estimates. Brinker International net declined on weak revenues. CDK Global forecasted fiscal 2019 pretax profit to jump 18%. The Home Depot raised fiscal 2018 outlook.

Antofagasta Falls on Tariff Tensions; RWE, Straumann Net Decline

Sarla Buch
14 Aug, 2018
New York City

Antofagasta profit tumbled on tariff tensions. Bilfinger net loss narrowed and reaffirmed fiscal outlook. RWE net plunged on 8% decline in revenues. Straumann net dropped but revenues surged.

Sysco Reports Strong Results, Dycom Plunges 21%, VF Splits Businesses

Mukesh Buch
13 Aug, 2018
New York City

Cannae Holdings missed revenues and profit estimates. Dycom lowered second-quarter and fiscal outlook. Sysco Corp reported strong fiscal 2018 results. VF Corp plans to spin off its jeans business.

Bayer Drops 11% on California Ruling; Salzgitter, United Internet Net Advance

Sarla Buch
13 Aug, 2018
New York City

Bayer tumbled after California court ordered Monsanto to pay $289.2 million. Basler profit and revenues jumped. Cancom cloud solutions segment revenue soared 37%. Salzgitter reported strong first-half results. United Internet reaffirmed fiscal outlook.

News Corp Plunges 10%, Meredith Beats Estimates

Mukesh Buch
10 Aug, 2018
New York City

Air Lease net soared but falls short on revenues estimate. Applied Industrial Technologies net plunged. JetBlue traffic in July soared and load factor jumped. J2 Global lifted earnings forecast. Meredith beats revenue estimates. News Corp net loss narrowed.

Diageo Plans

Sarla Buch
10 Aug, 2018
New York City

Bechtle profit and revenues surged. Diageo plans to launch share buyback for up to

Gannett Net Swings to Profit, Viacom Net Declines

Mukesh Buch
09 Aug, 2018
New York City

ADT net loss narrowed. Gannett net swung to profit and lifted fiscal outlook. Hospitality Properties beats earnings estimates. L Brands comparable sales in July were flat. Mylan net tumbled on weak revenues. Viacom net and revenues declined.

Adidas, Hannover Re Reaffirm Outlook; Deutsche Telekom Net Tumbles

Sarla Buch
09 Aug, 2018
New York City

Adidas reaffirmed fiscal outlook on the back of strong quarterly results. Deutsche Telekom net tumbled on weak revenues and accounting settlement. Hannover Re reaffirmed outlook on strong revenues. Merck profit plunged on weak revenues. Zurich Insurance net soared 20%.

CVS Health Net swing to Loss, Disney Profit Surge on Segment Revenues

Mukesh Buch
08 Aug, 2018
New York City

CVS Health booked $3.9 billion in goodwill impairment charges. Fossil net loss narrowed. The New York Times net surged but advertising revenue declined. Thomson Reuters profit surged. Southern Co beats revenue estimates. Walt Disney net and revenues soared.

E.ON Energy Networks Profit Declines, Munich Re Net Surges

Sarla Buch
08 Aug, 2018
New York City

ABN AMRO profit declined on higher impairments charges. E.ON net plunged after weak energy networks business. Munich Re profit surged 21%. Prudential net declined but profit in the Asia surged

Office Depot, Zebra Tech Surge; Dentsply Discovery, Dean Foods Decline

Mukesh Buch
07 Aug, 2018
New York City

AES Corp net surged but revenues declined. Discovery profit plunged but domestic revenues doubled. Dentsply Sirona tumbled after the company lowered fiscal outlook. Office Depot jumped on strong revenues. Zebra Technologies net surged.

Commerzbank Lowered Expectations; Deutsche Post, Zalando Net Decline

Sarla Buch
07 Aug, 2018
New York City

Commerzbank net swung to profit but forecasted higher costs estimates. Deutsche Post profit declined after higher expenses, transport and staff costs. Pandora trimmed fiscal sales and profit margin estimates. UniCredit profit jumped on lower cost and provisions. Zalando net declined.

Market Update