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Takeda Offers $55 B to Shire, Cassa Depositi to Buy 5% of Telecom Italia

Sarla Buch
06 Apr, 2018
New York City

AO World net loss widened but revenues soared. Italy

Lennar Backlog Jumps; Spotify Valuation May Top $25 B

Mukesh Buch
04 Apr, 2018
New York City

Acuity Brands profit surged on strong sales volumes. CarMax missed earnings estimates. Cloudera tumbled despite revenue surged and net loss narrowed. Dave & Buster''s profit and revenues soared. Lennar jumped on record new orders and backlog.

Swiss Re Seeks Capital from SoftBank; HPI, Telecel Terminate Talks

Sarla Buch
04 Apr, 2018
New York City

Fagron plunged on the U.S. rival acquisition. Grenke profit surged 21%. HPI terminate the talk on the merger with the Telecel Group. Swiss Re said SoftBank stake will not to exceed more than 10%.

Monsanto Misses Q2 Estimates, Smucker to Buy Ainsworth Pet Nutrition

Mukesh Buch
05 Apr, 2018
New York City

Conn''s tumbled on weak outlook. Chase Corp said net and revenues surged. Smucker agreed to acquire Ainsworth Pet Nutrition for $1.7 billion. Lamb Weston profit surged 86% on 12% jump in revenues. Monsanto results disappointed. RPM International net jumped.

Hammerson Positive on Leases; Sophos and Ubisoft Surge

Sarla Buch
05 Apr, 2018
New York City

Electrocomponents beats annual revenue expectations. Hammerson said signed leases jumped 59%. Sophos forecasted fiscal 2020 annual billings of $1 billion. Ubisoft soared on the popularity of the latest version of its computer game.

CME Group Trading Volume Surges, International Speedway Beats Estimates

Mukesh Buch
03 Apr, 2018
New York City

BeyondSpring net loss widened on higher research and development expenses. CohBar net loss doubled. CME Group reported strong trading volumes. International Speedway net surged. Switch Inc net loss widened.

French Retailers Casino, Auchan in Partnership Talk

Sarla Buch
03 Apr, 2018
New York City

Adesso profit declined but revenues soared 23%. Groupe Casino in partnership talks with Auchan Retail and profit tumbled 95%. CPI Property profit soared 51% on 25% jump in revenues. Eurofins Scientific fell after acquisition of South Korea-based rival Lab Frontier.

S&P 500, Nasdaq Plunge 2.7% as Trump Trade War Intensifies

Mukesh Buch
02 Apr, 2018
New York City

ARMO BioSciences net loss widened. Argos Therapeutics net loss narrowed after revenues jumped. Cal-Maine Foods slumped despite strong third-quarter results. NextEra Energy Partners agreed to sell its six Canadian wind power business for $741 million.

Synnex Profit Tumbles, Worthington Net Jumps

Mukesh Buch
30 Mar, 2018
New York City

Mustang Bionet and Ovid Therapeutics loss widened. Synnex profit tumbled but revenues soared 29%. Worthington Industries surged after profit more than doubled on strong demand.

Manz AG Net Drops, IMMOFinanz Loss Narrows

Sarla Buch
30 Mar, 2018
New York City

IMMOFINANZ net loss narrowed after revenues increased. Manz profit declined but revenues soared 41%. Software AG net tumbled 50%. Sodexo said revenues in North America dropped in health care and education segments.

Constellation Brands Beats Estimates, Movado Lifts Dividend

Mukesh Buch
29 Mar, 2018
New York City

AngioDynamics declined on sales weakness Constellation Brands profit more than doubled on strong demand in beer. Lindsay stock surged on smaller than expected income decline. Movado surged on strong sales. SAIC profit and sales surged.

Nissan, Renault Merger Speculation Again, BayWa Rebounds on Turnaround

Sarla Buch
29 Mar, 2018
New York City

BayWa profit soared after diversified business and global expansion in renewable energy. Gelsenwasser profit plunged 15% but revenues soared 9%. Nemetschek surged on improved fiscal 2020 forecast. Renault and Nissan merger talk speculation resurfaces.

Orpea Profit Tumbles but Rehab Demand Surge, SMA Solar Declines

Sarla Buch
28 Mar, 2018
New York City

Hilton Food revenue soared on higher volume. Orpea struggled with profitability despite rising revenues. SMA Solar plunged after revenues declined on weak demand in the U.S. The W & W Group profit jumped 9.6% but revenues plummeted 21%.

Walgreens Net Surges 27%, BlackBerry Loss Narrows

Mukesh Buch
28 Mar, 2018
New York City

BlackBerry net loss narrowed but sales plunged 19%. Omnova Solutions net profit doubled and reaffirmed fiscal forecast. SecureWorks net swung to profit. UniFirst surged after strong profit and revenues. Walgreens Boots Alliance net soared on 12% jump in revenues.

FactSet and Red Hat Surge Ahead on Expectations, McCormick Lifts Outlook

Mukesh Buch
27 Mar, 2018
New York City

Foxconn agreed to acquire the U.S.-based Belkin International for $886 million. FactSet reported strong revenues growth. IHS Markit profit and revenues soared. McCormick lifted fiscal outlook. Red Hat reported better-than-expected results.

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