Market Update

Berkshire Hathaway Net Soars to $12 B, Sempra Net Swings to Loss

Mukesh Buch
06 Aug, 2018
New York City

Berkshire Hathaway profit surged to $12 billion. Cardinal Health net swung to a loss. Henry Schein reported record second-quarter results.Jacobs Engineering beats earnings estimates. Rite Aid plunged on lowered outlook. Sempra Energy net swung to a loss.

Audi Net Drops, HSBC Net Jumps; Loan Losses Drag Banco BPM Profit

Sarla Buch
06 Aug, 2018
New York City

Audi forecasted fiscal 2018 revenues may slightly increase. Banco BPM profit declined on higher loan loss provisions. HSBC beats earnings estimates.

DISH Subscriber Base Shrinks; Kraft Heinz Net Tumbles

Mukesh Buch
03 Aug, 2018
New York City

Ameren lifted fiscal 2018 earnings outlook. DISH Network beats revenue estimate despite a decline in subscriber base. HMS Holdings The Kraft Heinz net tumbled on higher costs. Noble Energy missed earnings estimates. Western Union declined on weak forecast.

Allianz Reaffirms Outlook; Credit Agricole, Siemens, Swiss Re Net Plunge

Sarla Buch
03 Aug, 2018
New York City

Allianz reaffirmed 2018 profit target. Credit Agricole profit declined but revenues advanced. Dufry reported lower-than-expected results. Mondi profit jumped on higher prices. Siemens beats expectations. Swiss Re reported disappointing results.

Tesla Revenues Jump as Loss Widens; Aetna and Cigna in Focus

Mukesh Buch
02 Aug, 2018
New York City

AmerisourceBergen quarterly results showed healthy growth and met market expectations. Aetna revenues were ahead of expectations. Becton Dickinson net swung to profit. Cigna lifted outlook. Duke Energy missed earnings estimates.Tesla net loss widened but revenues doubled.

Barclays Net Swings to Profit, Amundi Assets Jumps; BMW Expands in Hungary

Sarla Buch
02 Aug, 2018
New York City

Amundi assets under management jumped 8% to

Apple Profit Soars on Higher Priced iPhones, Humana Lifts Outlook

Mukesh Buch
01 Aug, 2018
New York City

Apple profit surged on higher-priced iPhones. Dominion Energy profit soared on 11% jump in revenues. Entergy net plunged 40% on weak revenues. Humana beats earnings estimates and lifted fiscal outlook. Sprint plans to launch mobile 5G network in fiscal 2019.

BNP Profit Down on Weak Trading Profit, VW Dims Outlook

Sarla Buch
01 Aug, 2018
New York City

ArcelorMittal higher shipments rise. Air France-KLM net swung to a loss. BNP Paribas profit beats forecasts. Intesa Sanpaolo net tumbled 58%. Rio Tinto lifts dividend and the miner expanded stock buy back by $1 billion. Volkswagen revenues rose.

P&G and Cummins Lifted Outlook; American Tower Surges Ahead

Mukesh Buch
31 Jul, 2018
New York City

Archer-Daniels reported better than expected earnings. American Tower profit declined. Cummins lifted fiscal outlook. Ecolab net soared. Freddie Mac net surged. P&G forecasted strong results in fiscal 2019. Pfizer lowered revenues forecast.

Credit Suisse Net Surges 49%, Vivendi Looking to Sell Universal Stake

Sarla Buch
31 Jul, 2018
New York City

Credit Suisse profit surged 49%. Standard Chartered reported pre-tax profit jumped 34%. EDF net plunged but utility provider lifted profit forecast. Eurofins profit soared 22% on 25% jump in revenues. Fresenius reaffirmed fiscal 2018 outlook. Vivendi revenues surged.

Caterpillar Earnings Soar, Chevron Profit Jumps on Higher Oil Price

Mukesh Buch
30 Jul, 2018
New York City

Caterpillar reported stronger-than-expected results. Chevron net surged on higher sales price. Loews missed earnings result. Mercury General beats earnings estimates. Seagate Technology net surged. Tyson Foods lowered outlook.

Air Liquide Sales Jump on China Demand, Heineken Cautious on Outlook

Sarla Buch
30 Jul, 2018
New York City

Air Liquide profit soared on double-digit growth in China. Heineken reported weaker-than-expected results. GEA profit plunged 38% but revenues jumped. Heineken declined on cautious fiscal outlook. Siemens Healthineers profit declined on weak revenues.

Intel Lifted Forecast; Twitter Tumbles, Exxon Net Soars on Oil Price Surge

Mukesh Buch
27 Jul, 2018
New York City

Exxon Mobil net and revenues surged. Intel lifted fiscal outlook on strong earnings. Merck profit disappointed but revenues jumped.Rockwell revenues jumped on higher government supply. Twitter tumbled on lower monthly users.

Carrefour Soars on Turnaround Plan Confidence, Eni Profit Jumps on Higher Oil

Sarla Buch
27 Jul, 2018
New York City

BASF missed first-half earnings estimates. Carrefour net swung to loss on weak domestic sales but stock soared on the progress in turnaround plan. Eni profit.Kering reported higher-than-expected profit. Reckitt Benckiser net jumped.

Facebook Tumbles on Weak Outlook, MasterCard Reported Strong Results

Mukesh Buch
26 Jul, 2018
New York City

Bristol-Myers missed earnings estimates. ConocoPhillips net jumped on higher oil prices. Facebook tumbled as revenue growth decelerates.Ford lowered its full year outlook. MasterCard reported strong results. Valero Energy beats profit estimate.