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Akzo Nobel Rejects $22 B PPG Offer, Signet to Rev Up Digital Operations

Mukesh Buch
09 Mar, 2017
New York City

Actua net swung to profit on the sale of GovDelivery and lifted fiscal outlook. American Airlines said total revenue passenger miles in February fell 3.3%. Cantel Medical net and revenues soared on strong order and backlog. Akzo Nobel rejected $22.1 billion PPG offer. Signet net jumped.

Morrison Stays Focused on Turnaround, Co-op Bank to Raise

Sarla Buch
09 Mar, 2017
New York City

Co-operative Bank, the struggling lender is seeking to raise

H&R Surges on Market Gain, Children

Mukesh Buch
08 Mar, 2017
New York City

Bob Evans lifted earnings forecast. Ciena net swung to profit. Express plunged on lowered fiscal outlook. H & R Block net loss widened. Children

Adidas Lifted Outlook, Dassault Net Boosted by Rafael Exports to India

Sarla Buch
08 Mar, 2017
New York City

Admiral Group net plunged on the latest discount rate cut. Adidas lifted fiscal 2017 outlook. Boskalis net swung to a loss. Deutsche Post net surged. Dassault Aviation net jumped on two major contracts from India. G4S net soared on new contracts. Legal & General net jumped.

Groupe Casino Cautious on Outlook, Worldpay Net swing to Profit

Sarla Buch
07 Mar, 2017
New York City

Ashtead profit surged after growth in North America and weak British pound. Direct Line net tumbled 52% after new law of discount rates. Groupe Casino net swung to profit after divestment of operations in Asia. Just Eat net soared on increasing orders and number of active customers.

HP Entp to Buy Nimble Storage; Dicks Sporting Drops on Weak Outlook

Mukesh Buch
07 Mar, 2017
New York City

Brown-Forman net fell on flat revenues. Dicks Sporting net jumped but lowered sales forecast. Exxon Mobil plans to invest $20 billion through 2022 in the US Gulf Coast. HP Entp agreed to buy Nimble Storage for $1 billion. Michaels Co net jumped 6.3%. Navistar net loss widened.

GM Divests to Focus on Domestic U.S. Operations

Mukesh Buch
06 Mar, 2017
New York City

Armstrong Flooring net loss widened. CJS Solutions agreed to be acquired by India-based Tech Mahindra for $110 million. FairPoint Communications net fell 62%. GM agreed to sell Opel, Vauxhall and European financing units for $2.3 billion.

Deutsche Bank Right Offering After Major Reversal, PSA in

Sarla Buch
06 Mar, 2017
New York City

bet-at-home.com lifted fiscal 2017 revenues. Deutsche Bank plans to raise

Costco Lifts Annual Fee, Big Lots Jumps on Outlook

Mukesh Buch
04 Mar, 2017
New York City

Big Lots increased its dividend comparable store sales rose a fraction and the discount retailer sees higher earnings. Costco reported slower sales growth than expectations and increased membership fee to $60 a year. Cooper beats estimates.

WPP Misses Forecast on Client Loss; Gemalto, Berendsen Fall

Sarla Buch
04 Mar, 2017
New York City

Berendsen plunged 11% on weak profit forecast. Freenet profit soared 19%. Gemalto net fell 12% on flat revenues. WPP tumbled on latest loss of major clients and slower than expected revenue growth in the current year.

Snap Inc Soars on Debut, Abercrombie & Fitch Jumps

Mukesh Buch
02 Mar, 2017
New York City

Abercrombie & Fitch net plunged 15% on 7% drop in revenues. Barnes & Noble agreed to buy MBS Textbook. Burlington Stores net surged 27% and the apparel retailer lifted full-year outlook. Kroger net dropped 10%. Snapchat faces slower user growth.

Cobham to Launch

Sarla Buch
02 Mar, 2017
New York City

Cobham plans to launch a rights issue of

Lowe

Mukesh Buch
01 Mar, 2017
New York City

American Eagle net declined 33%. Best Buy lowered fiscal earnings outlook. Dollar Tree net surged 41%. Donaldson lifted full-year forecast. Lowe''s reports broad strength in business. Tribune Media net swung to profit. Salesforce net loss widened.

Suez Intends to Buy GE's Water Business; Ahold Delhaize, ITV Net Tumble

Sarla Buch
01 Mar, 2017
New York City

Ahold Delhaize net tumbled 43% but revenues soared on improved U.S. business. CRH net soared on acquisitions. Carillion profit dropped on higher cost. Eni net swung to profit. ITV pre-tax profit declined 14%. Suez said it intends to buy GE''s water business.

AutoZone Enters Slower Zone, Domino's Powers Ahead with Global Sales Jump

Mukesh Buch
28 Feb, 2017
New York City

AutoZone reports flat comparable store sales. Domino''''s Pizza same store sales continue to soared. Heska jumped after net and revenues surged. RR Donnelley net swung to a loss. Sempra Energy net rose 3%. Target plunged after net tumbled 43%.Valeant Pharma net loss widened.

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