ticker

Bollore, Deutsche Wohnen Profit Jump; Smiths Net Tumbles on Higher Costs

Sarla Buch
23 Mar, 2018
New York City

Bollore profit surged. Deutsche Wohnen profit soared 13% on 6% jump in revenues. Next Plc said online sales surged but retail sales declined. Smiths Group profit tumbled on higher research costs and the diversified engineering company lowered margins.

Accenture Drops on Margin Worries, Carnival Lifted Outlook

Mukesh Buch
22 Mar, 2018
New York City

Accenture declined after operating margin declined. Carnival lifted fiscal outlook. ConAgra net jumped despite higher costs. Darden soared and reaffirmed fiscal outlook. G-III tumbled despite net loss narrowed. Guess surged on strong profit.

Kuka Expands Business in China, Zooplus Profit hurts by Higher Spending

Sarla Buch
22 Mar, 2018
New York City

Freenet annual profit surged 27% on 5% jump in revenues. Kuka plans to expand its business in China. Trigano said full-year revenues surged after strong segment performance. Zooplus profit tumbled on higher spending.

General Mills Declines on Weak Outlook, Winnebago Profit Surges

Mukesh Buch
21 Mar, 2018
New York City

Arcos Dorados net surged on 8% jump in revenues. Actuant declined after net swung to a loss. General Mills tumbled on operating profit forecast. PQ Group net and revenues soared. Winnebago profit surged 44%.

BMW 2018 Profit Soars, Hermes Hikes Dividend and Reports Record Margins

Sarla Buch
21 Mar, 2018
New York City

BMW forecasted 2018 revenue and deliveries to slightly increase. Hermes International profit surged 11% on strong business in hand bag segments. Viscom reported record revenues but net loss widened.

Oracle Plunges on Outlook Worries, Duluth Holdings Tumbles

Mukesh Buch
20 Mar, 2018
New York City

The Children

Porsche and MAN Shine on Results, Michelin Agreed to Buy Fenner

Sarla Buch
20 Mar, 2018
New York City

Bellway profit jumped on record sales. MAN SE said operating profit in 2017 significantly surged. Michelin agreed to acquire the U.K.-based conveyor belt maker Fenner Plc for

KLA-Tencor Agrees to Buy Orbotech, Fidelity National to Buy Stewart Info

Mukesh Buch
19 Mar, 2018
New York City

Canadian Solar net swung to profit after revenues soared 66%. Fidelity National Financial agreed to buy Stewart Information Services for $1.2 billion. KLA-Tencor agreed to buy Israel-based Orbotech for $3.4 billion. MoneyGram net swung to a loss.

Hammerson Rejects

Sarla Buch
19 Mar, 2018
New York City

Henkel said it is facing supply chain issues in North America. Hammerson rejected takeover proposal of

Adobe Earnings Surge, Tiffany Drops on Disappointing Results

Mukesh Buch
16 Mar, 2018
New York City

Adobe Systems reported strong net and revenues. The Buckle net surged but comparable sales in February declined. Hibbett Sports declined on weak forecast. Jabil Inc surged on higher profit and revenues. Tiffany slumped on disappointing fourth-quarter results.

Altice to Sell Telecom Towers, Deutsche Bank Net Loss Narrows

Sarla Buch
16 Mar, 2018
New York City

Altice said it intends to sell its telecom towers in France and Portugal. Deutsche Bank announced a sharp jump in bonuses after net loss narrowed. Fraport revenues soared on higher proceeds from land sales. J D Wetherspoon net income and revenues jumped.

Dollar General Beats Earnings Estimate, ADT Net Swing to Profit

Mukesh Buch
15 Mar, 2018
New York City

ADT net swing to profit after revenues jumped. Agenus declined after net loss widened. Dollar General reported strong profit and same store sales. Genesco net and sales jumped. Nucor said earnings in the first-quarter to decline from a year ago period.

U.K. Prudential Separates Europe Businesses, Old Mutual to Split in 4 Entities

Sarla Buch
15 Mar, 2018
New York City

Direct Energie net tumbled but revenues soared. Deutsche Lufthansa reported strong performance in fiscal 2017. Prudential profit jumped and the insurer said it agreed to sell its

Express Net Jumps; Intellia Therapeutics, Signet Plummet on Weak Outlook

Mukesh Buch
14 Mar, 2018
New York City

Express net surged 29%. Intellia Therapeutics tumbled after net loss widened and the biotech company lowered fiscal outlook. Signet Jewelers plummeted after weak sales forecast. The Stars Group net and revenues surged. Vera Bradley net more than doubled.

Adidas Plans

Sarla Buch
14 Mar, 2018
New York City

Adidas surged after profit beats forecast and the shoemaker lifted outlook. Bpost tumbled on weak forecast. DBV Technologies net loss widened. Inditex said profit jumped after sales at retail chain Zara soared 8%.

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