ticker

Dixons Beat Sales Estimate, M&S Profit Tumbles

Sarla Buch
24 May, 2017
New York City

Dixons Carphone reported strong sales but lowered profit forecast. Glencore made an informal approach to Bunge. Ineos agreed to buy DONG Energy for

AutoZone, Kirkland

Mukesh Buch
23 May, 2017
New York City

AutoZone fell on weak result. Agilent Technologies beat profit estimates. Cracker Barrel declared special dividend and lifted forecast. DSW reaffirmed fiscal outlook. Nordson net plunged 9% but revenues soared 13%. Toll Brothers profit surged and improved fiscal estimate.

Nokia Settles Patent Dispute with Apple, Homeserve Jumps

Sarla Buch
23 May, 2017
New York City

AVEVA continues its growth momentum. Big Yellow net declined. Entertainment One net tumbled as the company restructures its film unit. Homeserve net jumped on strong customer growth. Nokia and Apple settled intellectual property dispute with a multi-year license agreement.

Boeing, Defense Stocks Soar On Saudi Deal

Mukesh Buch
22 May, 2017
New York City

Boeing signed defense and commercial agreements with Saudi Arabia. Booz Allen lifted revenue estimate. Energy XXI Gulf Coast net swung to a loss. Rocky Mountain Chocolate profit declined 22%.

Clariant, Huntsman in $13 B Merger, Elliott Pressures Akzo

Sarla Buch
22 May, 2017
New York City

Elliott Management dragged Akzo Nobel to Dutch court. Aegon agreed to sell its two largest U.S. run-off businesses to rival Wilton Re. Clariant agreed to acquire the U.S.-based Huntsman for $6.4 billion. Metals Exploration tumbled.

Campbell Soup Trims Forecast, Deere and Salesforce Lifted Outlook

Mukesh Buch
19 May, 2017
New York City

Campbell Soup sales and profit drop on higher promotions and weak demand. Cato reported lower-than-expected results and the retailer lowered outlook. Deere surged on improved forecast. Foot Locker net fell. Gap reaffirmed fiscal outlook on flat revenues. Ross Stores net soared.

Eutelsat sells Spanish stake to Abertis, Hikma Pharma Lowers Outlook

Sarla Buch
19 May, 2017
New York City

Eutelsat agreed to sell its 33.7% stake in Spanish business to Abertis for

Burberry Suffers from Management Turmoil, Iliad Subscriber Base Crosses 6 M

Sarla Buch
18 May, 2017
New York City

Burberry said net dropped 8.5%. France based Iliad said revenues jumped on improved subscriber growth. Marston''s net jumped 26%. Royal Mail profit surged on parcel business. Germany based online pet food retailer Zooplus said profit declined 58%.

Cisco Declines on Gloomy Forecast, Wal-Mart Sustains Online Momentum

Mukesh Buch
18 May, 2017
New York City

The Buckle reported better than expected profit. Cisco profit jumped but failed to meet expectations. Children

Thermo in $7.2 B Deal with Patheon, Target Struggles with Sales Growth

Mukesh Buch
17 May, 2017
New York City

American Eagle plunged on weaker-than-expected profit and lower fiscal forecast. Jack in the Box net soared. Thermo Fisher agreed to acquire the Netherlands-based Patheon for $7.2 billion. Target net soared 8%. Urban Outfitters net declined 60%.

Bouygues Net Loss Narrows, Lloyds Back in Private Hands

Sarla Buch
17 May, 2017
New York City

ABN AMRO net surged. Bouygues net loss narrowed on higher revenues. British Land net tumbled on declining property values. U.K. sells final tranche of stake in Lloyds Banking acquired in the financial crisis of 2008. Raiffeisen Bank reports improving loan impairment losses.

Dick

Mukesh Buch
16 May, 2017
New York City

Dick

Italy Based Atlantia Pursues Abertis; Vodafone India Drags Parent

Sarla Buch
16 May, 2017
New York City

Atlantia to launch a

Bilfinger Orders Drops, TUI Declines on weak Sales and Bookings

Sarla Buch
15 May, 2017
New York City

Bilfinger fell on weak demand in the energy and utility sectors. Dignity Plc net and revenues soared on higher number of deaths. Deutsche Pfandbriefbank net jumped 4%. Indus Holding profit revenues surged. The tour operator TUI declined on weak sales and bookings in the U.K.

Moody's to Buy Holland Based Van Dijk, Thermo to Buy Patheon for $7.2 B

Mukesh Buch
15 May, 2017
New York City

AM Castle net loss narrowed despite revenues declined 17%. Forterra net loss widened. Moody''s plans to acquire Netherland-based Bureau van Dijk for $3.3 billion from EQT VI. Patheon agreed to be acquired by Thermo Fisher for $7.2 billion. TPG is in $2.7 billion deal with Fairfax Media.

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