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Hilton Food, Partners Group, JD Sports Profit Jump; Esure to Split Gocompare

Sarla Buch
13 Sep, 2016
New York City

Esure plans to separate its price comparison website Gocompare.com. Hilton Food net surged 30%. Partners Group soared 19% to 254 million francs. JD Sports profit surged 69% on 20% jump in revenues. Ocado group sales in the third-quarter surged 15%.

HP and Samsung in Printing Unit Deal, Polaris Drops 5% on Lowered Estimates

Mukesh Buch
12 Sep, 2016
New York City

Eagle Materials agreed to buy Ohio-based cement plant of CEMEX for $400 million. Gaming and Leisure is nearing to buy Meadows Racetrack and Casino. HP agreed to buy printing business of Samsung for $1.05 billion. Praxair and Linde terminated merger talk.

E.ON Completes Uniper Spin-off, Linde Terminates Merger Talk with Praxair

Sarla Buch
12 Sep, 2016
New York City

Associated British Foods said Primark annual sales are expected to increase 9%. E.ON completed the Uniper SE spin-off. Fraport passenger traffic in August fell 5%. Hannover Re forecasted profit in the year of

Apple Launches Next Generation of Phones, Liberty Media Buys Formula One

Mukesh Buch
08 Sep, 2016
New York City

Investors were lukewarm to the launch of the widely anticipated next generation of Apple iPhones and smartwatch. Barnes & Noble said quarterly sales were flat. Hooker Furniture net soared. Hewlett Packard Enterprise spin-off its non-core software assets. Liberty Media agreed to buy Formula One.

Micro Focus in

Sarla Buch
08 Sep, 2016
New York City

Dixons Carphone said sales in the first-quarter rose 9%. Enquest profit surged 53% but revenues declined 14% and the energy explorer lowered annual production forecast. Air France KLM said passenger count in August fell 1.8%. Micro Focus agreed to acquire non-core assets Hewlett Packard Enterprise.

Wall Street Indexes Drop 2.5% on Rate Jitters and N. Korea Missile Test

Mukesh Buch
09 Sep, 2016
New York City

AEP Industries net and revenues dropped. Apigee agreed to be acquired by Alphabet for $625 million. Brady net swung to profit. Kroger net plunged 12% but revenues jumped. MasterCard sued for legal claim in U.K. for $18.7 billion on excessive swipe fees. Mattress Firm net swung to a loss.

European Market Drop 1% on Central Bank Comments

Sarla Buch
09 Sep, 2016
New York City

MasterCard faces

Argan, Chipotle, Calavo Jump; Casey's, HD Supply Decline

Mukesh Buch
07 Sep, 2016
New York City

Argan net jumped and revenues soared. Activist investor Ackman controlled funds acquired 10% stake in Chipotle Mexican Grill. Calavo Growers profit soared 48% on 13% jump in revenues. Casey''s General net rose 9%. HD Supply profit declined 10%. John Wiley & Sons net fell 4%. Valspar net surged 14%.

Ashtead, Barratt Net Surge; Sports Direct Plunges on Weak Forecast

Sarla Buch
07 Sep, 2016
New York City

Ashtead Group net surged 15%. Barratt Develop profit jumped 23% after average selling price soared 10%. Petroleo Brasileiro agreed to sell 90% of its natural gas pipeline unit to Brookfield Asset Management for $5.2 billion. Sports Direct plunged after weak forecast.

Enbridge in $28 B Deal with Spectra, Danaher to Buy Cepheid for $4 B

Mukesh Buch
06 Sep, 2016
New York City

Alere net swung to a loss. Danaher agreed to acquire Cepheid Inc for $4 billion. GE agreed to buy two European 3-D metal printing machines makers for $1.6 billion. Marvell Technology net swung to profit. Spectra Energy agreed to be acquired by Enbridge.

Fresenius in

Sarla Buch
06 Sep, 2016
New York City

Vietnam based Jetstar Pacific agreed to buy 10 additional A350 planes from Airbus. Arcam and SLM Solutions agreed to be acquired by GE for $1.5 billion. Bayer said it is prepared to lift its Monsanto offer. Fresenius agreed to acquire Spain-based Quironsalud for

BHP Divests Stake in Gas Field, BayWa to Buys Solarmatrix

Sarla Buch
05 Sep, 2016
New York City

BHP Billiton agreed to sell 50% stake of Australia-based gas field assets to Woodside Petroleum for $400 million. BayWa agreed to acquire Australian-based Solarmatrix. Dechra Pharmaceuticals net plunged 36% but revenues jumped 22%.

Lululemon Drops 8% on Outlook, VeriFone Plunges 16%

Mukesh Buch
02 Sep, 2016
New York City

Ambarella revenues 23% declined. Cooper Co profit doubled and revenues jumped 11%. Hurco net declined 26% on flat revenues. Lululemon net jumped 12% but the retailer offered weak revenue forecasts. VeriFone net swung to a loss.

Go-Ahead Profit Surges 37%, Rocket Internet Net Loss Widens

Sarla Buch
02 Sep, 2016
New York City

Go-Ahead net surged 37% on 5% increase in revenues. Rocket Internet said net loss in the first-half widened to

Ciena, Vera Bradley Jump; Campbell Soup, Genesco, Salesforce.com Decline

Mukesh Buch
01 Sep, 2016
New York City

Ciena net and revenues jumped. Campbell Soup net swung to a loss. Genesco profit doubled while sales dropped. Greif net soared. Joy Global net and revenues plunged. Methode Electronics net fell 10%. Salesforce.com net swung to profit and lifted fiscal outlook. Vera Bradley net slid.

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