Market Update

Daimler Cautious on 2018; Unilever Profit Jumps, Vodafone Sales Fall

Sarla Buch
01 Feb, 2018
New York City

Daimler profit surged 24% but issued cautious outlook. Dassault Systemes forecasted strong annual revenues growth. Vodafone plunged on disappointing results. Nokia loss widened. Novo Nordisk reported disappointing earnings results. Unilever profit surged. Vodafone revenue fell.

Eli Lilly Lifts Earnings Outlook, Fujifilm Acquire Xerox in $6.1 B Deal

Mukesh Buch
31 Jan, 2018
New York City

ArcelorMittal profit surged on higher steel prices. Boeing beats quarterly estimates. Eli Lilly lifted earnings outlook. Nasdaq net swung to profit on higher revenues. Xerox surged on merger agreement with Japan-based Fujifilm.

Santander, Siemens and Volvo Profit Jump; H&M Net Suffers on Faltering Traffic

Sarla Buch
31 Jan, 2018
New York City

Banco Santander profit soared as European economy show signs of mild strengths. Ericsson reported higher than expected losses. H&M plunged on disappointed results. Siemens profit surged on strong sales and orders. Volvo offered positive market outlook.

McDonald

Mukesh Buch
30 Jan, 2018
New York City

Aetna beats profit forecasts. Danaher revenues soared. Harley-Davidson plans to close Kansas City plant as worldwide sales fell. McDonald''s reported healthy system wide same store sales growth. Pfizer estimated upbeat 2018 earnings outlook.

SAP Buys Callidus Software, Informa, UBM Merger to Shape Event Industry

Sarla Buch
30 Jan, 2018
New York City

Loomis annual profit missed estimates. Philips Electronics reported higher profit. Siemens Gamesa held out for positive outlook in India. SAP plans to acquire Callidus in $2.4 billion. UBM agreed to be acquired by Informa for

Lockheed Martin Earnings Beats Estimates, Seagate Net Tumbles

Mukesh Buch
29 Jan, 2018
New York City

Affiliated Managers earning were ahead of expectations. Dominion Energy lifted fiscal earnings outlook. DST Systems revenues surged. Lockheed Martin sales beat expectations. Seagate Technology net tumbled 47%. WestRock net soared.

Sanofi in

Sarla Buch
29 Jan, 2018
New York City

Ablynx agreed to be acquired by France-based Sanofi for

Honeywell Lifts Estimate, Starbucks Falls 5% in Weak U.S. Holiday Sales

Mukesh Buch
26 Jan, 2018
New York City

Colgate-Palmolive profit tumbled 47%. Honeywell lifted earnings forecast. Intel surged on stronger quarterly results. Rockwell Collins beats earnings estimates. Starbucks holiday sales disappointed analysts.

LVMH Sale Jumps on Asian Demand, Givaudan Reports Steady Growth

Sarla Buch
26 Jan, 2018
New York City

Aryzta tumbled on profit warnings. Givaudan reported strong full-year financial performance. LVMH reported better-than-expected sales growth. Nordea Bank profit tumbled on weak activity. Telia net plummeted on hefty impairments.

3M Lifts Fiscal Outlook; Caterpillar Net Loss Narrows, Ford Net Surges

Mukesh Buch
25 Jan, 2018
New York City

3M lifted fiscal 2018 outlook. Biogen robust fiscal 2018 estimate on record revenues. Caterpillar beats profit estimates after sales surged 35%. Celgene profit soared on strong Revlimid sales. Ford annual profit surged. Northrop Grumman profit tumbled 66%.

Fiat Chrysler Profit Nearly Doubles, Getlink Reported Record Passenger Count

Sarla Buch
25 Jan, 2018
New York City

Asos beats revenues forecasts. Elior Group revenues in the first-quarter jumped 6%. Fiat Chrysler profit nearly doubled on higher margins. Getlink reported strong fiscal 2017 revenues on record passenger count. Sky net surged on strong customer growth.

GE to Restate 2016, 2017 Results; Rockwell and General Dynamics in Focus

Mukesh Buch
24 Jan, 2018
New York City

Abbott reported strong medical device business. Comcast beats earnings estimates. GE agreed to restate its 2016 and 2017 financial results. United Tech profit turns lower on tax reform. Illinois Tool Works lifted fiscal 2018 guidance.

Novartis Beats Estimates and Lifts Dividend, Suez Tumble on Weaker Outlook

Sarla Buch
24 Jan, 2018
New York City

J D Wetherspoon reported better-than-expected first-half sales. Novartis profit more than doubled. The Sage Group revenue growth disappointed analysts. Suez warned of profit weakness. Secunet Security Networks revenues soared.

Adobe Lifts Fiscal Outlook; J&J Takes $13.3 B Tax Charge

Mukesh Buch
23 Jan, 2018
New York City

Adobe Systems lifted fiscal outlook. J&J said net swung to a loss on tax provision charges. Kimberly Clark beats profit estimates. Netflix revenues surged. P&G net tumbled 68%. Verizon net soared.

U.K. Says Fox Not Fit to Takeover Sky, easyJet Revenue Soars

Sarla Buch
23 Jan, 2018
New York City

easyJet offered upbeat revenue and passenger growth estimate. Logitech lifted fiscal outlook on strong sales. SSP Group first quarter revenue jumped 13.5%. UK regulator said Fox takeover of Sky is not in public interest.