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Thales to Buy Gemalto for

Sarla Buch
18 Dec, 2017
New York City

The European Commission said it plans to investigate preferential tax for Ikea retail operation. Norway- based Statoil agreed to buy 25% stake in Brazil-based Roncador. Thales agreed to acquire Gemalto for

Disney Acquires 21st Century Fox; Adobe, Costco and Oracle Beat Estimates

Mukesh Buch
15 Dec, 2017
New York City

Adobe Systems beats profit estimates. Costco reported strong results. Disney agreed to acquire Twenty-First Century Fox for $52.4 billion. Jabil net plunged but revenues jumped. Oracle declined despite profit beats.

CropEnergies Struggles with Profitability, H&M Dropped 12% on Sales Weakness

Sarla Buch
15 Dec, 2017
New York City

CropEnergies lowered operating profit forecast after profit declined 33%. Hennes & Mauritz declined on weak sales and said it plans to close stores. SThree beat full-year profit estimate.

Danaher Reaffirms Fiscal Outlook, Target Buys Grocery Delivery Service Shipt

Mukesh Buch
14 Dec, 2017
New York City

Danaher reaffirmed fiscal 2018 outlook. Nordson lifted fiscal 2018 sales forecast. Pier 1 Imports tumbled after profit plunged 46%. Sanderson Farms reported lower-than-expected results. Scholastic sales and profit declined but reaffirmed fiscal 2018 forecast.

Capita Tumbles Profit Growth Worries, Lonmin Accepts South African Bid

Sarla Buch
14 Dec, 2017
New York City

Capita tumbled on subdued outsourcing market outlook. Dassault terminated Silvercrest engine contract with Safran. Innogy lowered fiscal 2017 and 2018 outlook. Lonmin agreed to be acquired by South Africa-based Sabanye for

Civitas Plunges on Impairment Charges, Lennox Offered Optimistic Outlook

Mukesh Buch
13 Dec, 2017
New York City

Arrowhead Pharmaceuticals net loss narrowed. Civitas Solutions booked $31 million of impairment charges. Lennox International offered cautiously optimistic outlook. Mongodb subscription revenue surged.

Metro Offers Cautious Outlook; Aurubis Net Surges but TUI Net Drops 38%

Sarla Buch
13 Dec, 2017
New York City

Aurubis forecasted stable outlook for copper products in fiscal 2018. Dixons Carphone profit suffers on weak demand for mobile phones. Metro net declined following spinoff transaction. NCC revised higher charges in construction projects. TUI profit declined.

Boeing Lifts Dividend and Expands Stock Buy Back, Casey

Mukesh Buch
12 Dec, 2017
New York City

3M plans to sell its optical fiber business to Corning for $900 million. Boeing lifted dividend and expanded share buyback to $18 billion. Casey''s General lowered fiscal 2018 forecast. KMG Chemicals net rose. RMR Group net tumbled 32%.

Unibail Buys Westfield for $16 B, Atos Launches Unsolicited Offer for Gemalto

Sarla Buch
12 Dec, 2017
New York City

Ashtead launched

Catholic Charities Merger to Create Largest Hospital Network

Mukesh Buch
11 Dec, 2017
New York City

Ascension is in talks with Providence St. Joseph to create the largest hospital network with 191 hospitals in 27 states. GGP rejected $14 billion unsolicited offer from Brookfield Property Partners.

BAE Signs Typhoon Deal with Qatar, Petrofac to Exit North Sea Operations

Sarla Buch
11 Dec, 2017
New York City

Axel Springer is in talks to sell majority stake in digital media Aufeminin. BAE Systems agreed to provide 24 fighter jet to Qatar worth

Cooper Beats Earnings Estimate, Dell Tech Still in Loss Despite Revenue Surge

Mukesh Buch
08 Dec, 2017
New York City

American Outdoor Brands lowered fiscal year estimate. Cooper profit surged 46%. Dell Technologies net loss narrowed on stronger revenue growth but margins remained under pressure. Finisar missed estimated. Johnson Outdoors net swung to profit.

Air France KLM Traffic Jumps, Carl Zeiss Net Surges on Margin Boost

Sarla Buch
08 Dec, 2017
New York City

Abbey net soared 9%. Air France KLM passengers traffic in November jumped 5.9%. Berkeley lifted earnings estimate but warns of Brexit risks. Carl Zeiss Meditec profit surged on higher margin.

Dollar General Surges on Strong Results, Vail Resorts Net Loss Narrows

Mukesh Buch
07 Dec, 2017
New York City

Ciena Corp said net income soared 30%. Dollar General reported strong sales and tightened fiscal outlook. Ferrellgas Partners net loss widened. Vail Resorts net loss narrowed.

Ladbrokes Coral, GVC Deal Talk Lifts Stocks, Orange Cautiously Optimistic

Sarla Buch
07 Dec, 2017
New York City

Ladbrokes Coral surged on takeover offer from GVC. France-based telecom operator Orange SA offered mildly optimistic outlook. Smith & Nephew completed acquisition of Rotation Medical. Uniper fell on fiscal 2018 outlook but raise dividend.

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