ticker

Luxottica in

Sarla Buch
16 Jan, 2017
New York City

Draegerwerk said net sales in fiscal 2016 slumped 3%. Essilor agreed to acquire Luxottica for

Election Rally Lifts JPMorgan, Wells Fargo and BofA Profits

Mukesh Buch
13 Jan, 2017
New York City

Boeing secured order worth $23 billion for 205 planes from India-based low-cost airliner SpiceJet. Bank of America net surged 48%. BlackRock net fell but raised quarterly dividend. JPMorgan net surged 24% after trading revenue soared. Wells Fargo net declined 5%.

Fraport Traffic Rises 3.9%, Technicolor Missed Operating Profit Targer

Sarla Buch
13 Jan, 2017
New York City

Countrywide net declined 9% and forecasted transaction volumes to fall 6%. Fraport said passenger traffic in December rose 4%. Grafton soared after annual revenues jumped 13%. SIG sales jumped 11%. Technicolor tumbled after operating profit lower than the previous estimate.

Intuitive Surgical Lifts Revenue Outlook; Delta Air, KB Home Net Drop

Mukesh Buch
12 Jan, 2017
New York City

Advanced Drainage Systems net soared 52% but revenues fell. Delta Air Lines net plunged 37%. Intuitive Surgical lifted revenue forecast. KB Home net declined 15% while sales surged 21%. Shaw Communications net tumbled 59.2% and reaffirmed operating outlook.

Richemont Sales Jumps, Sudzucker Lifts Outlook

Sarla Buch
12 Jan, 2017
New York City

Barratt Developments sales soared 16%. Richemont retail sales jumped 12% after sales in Americas and Asia Pacific surged. Hella Kgaa Hueck profit soared 21%. Marks and Spencer group sales jumped 6%. Sodexo revenues fell. Sudzucker lifted revenues forecast.

GM Lifted Earnings Outlook, Supervalu Same Stores Fall

Mukesh Buch
11 Jan, 2017
New York City

Exfo net soared 83%. GM lifted earnings forecast and will buy back additional shares worth about $5 billion. MSC Industrial net and revenues fell. Supervalu net swung to a loss. SYNNEX net surged 37%. Wal-Mart will eliminate more jobs before the end of January.

Airbus Orders Surpass Boeing, Sainsbury Cheers Christmas Sales

Sarla Buch
11 Jan, 2017
New York City

Airbus total deliveries in the year jumped 8% to 688 planes. Cobham tumbled after engineering group said profit in the year declined. Foxtons forecasted revenues to drop 11%. Sainsbury said Christmas sales jumped more than

Valeant Sells Brands to L'Oreal; Big Yellow, Just Eat, Phoenix in Focus

Sarla Buch
10 Jan, 2017
New York City

Big Yellow said revenues in the third-quarter jumped 7%. L''Oreal agreed to buy three skin care brands from Valeant Pharma. The insurer Phoenix cash flow exceeded the target. Total SA increased its stake in Uganda oil field.

Takeda to Acquire Ariad Pharma, Alibaba Acquires Chinese Retailer Intime

Mukesh Buch
10 Jan, 2017
New York City

Alibaba will finance $2.6 billion for a department store chain to private. Ariad Pharma agreed to be acquired by Japan-based Takeda for $5.2 billion. Schulman net tumbled 79%. Barracuda net swung to profit. Lamb Weston net soared 19%. Yahoo said most board members will step down after Verizon deal.

McDonald's Sells China Unit, Mars to Buy VCA for $9.1 B

Mukesh Buch
09 Jan, 2017
New York City

Acuity Brands net surges 19% on 16% jump in revenues. Commercial Metals net plunged 75%. Global Payments net tumbled. McDonald''''s agreed to sell stake in China and Hong Kong. Mars plans to buy VCA for $9.1 billion. UnitedHealth agreed to buy Surgical Care for $2.3 billion.

Lufthansa Drops 5%, Ipsen to Acquires Merrimack Pharma

Sarla Buch
09 Jan, 2017
New York City

Deutsche Lufthansa estimated higher fuel costs in fiscal 2017 and didn

Verizon Casts Doubt on Yahoo Acquisition, Ruby Tuesday Tumbles

Mukesh Buch
06 Jan, 2017
New York City

AZZ net tumbled 23% on 6% decline in revenues. AngioDynamics net swung to profit. Greenbrier jumped despite net and revenues plunged. PriceSmart net jumped 5%. Ruby Tuesday net loss widened after revenues slumped 18%. Verizon is unsure about Yahoo purchase.

Private Equity Firms to Buy Payment Processor Concardis, EasyJet Traffic Rises

Sarla Buch
06 Jan, 2017
New York City

Private equity firms are close to acquiring Germany-based payment service provider Concardis for

Cato, L Brands, Macy's December Sales Fall; Walgreens Net Declines

Mukesh Buch
05 Jan, 2017
New York City

Boeing wins orders of 80 737 long range aircrafts worth $8.8 billion. Constellation Brands net surged 50%. Cato December same-store sales declined 12%. Gartner agreed to buy CEB for $3.3 billion. L Brands comparable sales slid. Macy''s comparable sales fell 2.1%. Walgreens net dropped.

Air Liquide Buys Serdex from Bayer; Churchill China, Persimmon Jump

Sarla Buch
05 Jan, 2017
New York City

Air Liquide agreed to acquire beauty and healthcare ingredients maker Serdex from Bayer. U.K. based home builder Persimmon said revenues in the year soared 8% to

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