Market Update

Legal & General, Worldpay Net Soar; Munich Re, Standard Life Net Plunge

Sarla Buch
09 Aug, 2016
New York City

Legal & General profit and revenues surged. Munich Re net plunged 25%. Randstad agreed to acquire Monster Worldwide for $429 million. Standard Life net tumbled 81% but revenues jumped 36%. Worldpay net surged on 10% jump in revenues.

Wal-Mart to Buy Jet.com for $3 B, Mattress Firm Agrees to $3.8 B Deal

Mukesh Buch
08 Aug, 2016
New York City

Dean Foods revenues fell 8%. Ebix net and revenues soared. Howard Hughes profit tumbled 86% while revenues surged 30%. Johnson Outdoors net plunged 32%. Mattress Firm agreed to be acquire by Steinhoff Intl for $3.8 billion. Tyson Foods net jumped 41%.

Investcorp Exits 9th European Stake, Steinhoff Offers to Buy Mattress Firm

Sarla Buch
08 Aug, 2016
New York City

Investcorp agreed to sell Crisps Topco for

Kraft Heinz Net Swing to Profit; Activision, Cognizant Net Decline

Mukesh Buch
05 Aug, 2016
New York City

Ameren net fell. Activision Blizzard net plunged 40% but revenues soared 50%. Cognizant net tumbled 40%. Kraft Heinz net swung to profit. LinkedIn net loss widened despite revenues surging 31%. Media General net surged. Priceline net jumped 12%.

Adidas Net Surges; Allianz, Hugo Boss Net Plunge, RBS Net Loss Widens

Sarla Buch
05 Aug, 2016
New York City

Allianz net tumbled 15%. Adidas profit surged 75%. Bellway said sales in the year surged 27%. Hugo Boss net plunged 66%. Lafargeholcim net plummeted 49%. RBS net loss widened to

Becton Dickinson, Kellogg Net Jump; Duke Energy, Sempra, Viacom Net Drop

Mukesh Buch
04 Aug, 2016
New York City

Apache net loss narrowed and sales plummeted 39%. Becton Dickinson net soared. Duke Energy net fell. First Solar net declined. Icahn Enterprise net swung to a loss after revenues slumped 13%. Kellogg net soared but sales fell. Parker-Hannifin net surged. Sempra net tumbled.

Aviva, Hikma Pharma, Hannover, Inmarsat, Siemens, Societe BIC Net Decline

Sarla Buch
04 Aug, 2016
New York City

Aviva profit tumbled 63% but revenues soared. Hikma Pharmaceuticals plunged after weak revenues forecast. Hannover profit declined 9%. Inmarsat net declined 7%. Siemens net dropped 2% but revenues jumped 5%. Societe BIC net plunged 21%.

Time Warner Takes 10% Stake in Hulu; AIG Net Rises, Humana Net Fall

Mukesh Buch
03 Aug, 2016
New York City

AIG net jumped but revenues declined. Electronic Arts net slid but revenues advanced 6%. Humana profit tumbled 28%. Markel net plunged 14%. RR Donnelley net swung to a loss. Time Warner agreed to acquire 10% in video streaming services provider Hulu.

AXA, Continental, Rio Net Rise; HSBC, Credit Agricole, StanChart Net Fall

Sarla Buch
03 Aug, 2016
New York City

AXA net jumped 4%. Continental net soared 13% to

Ford, GM July Sales Fall; P&G Profit Surges, Pfizer Net Plunges

Mukesh Buch
02 Aug, 2016
New York City

Aetna net income and revenues rose. Archer Daniels net plunged. CVS Health net income declined but revenues jumped. Ford and GM sales in July dropped but Fiat Chrysler sales edged up. Molson Coors net slumped. P&G profit surged nearly four-fold. Pfizer profit tumbled 23% but revenues jumped 11%.

BMW, Fresenius Net Jump; Commerzbank, Lufthansa, Meggitt Net Drop

Sarla Buch
02 Aug, 2016
New York City

BMW net soared 12% after U.S. and Asia lead sales growth. Commerzbank net and revenues declined. Lufthansa profit dropped 55%. Fresenius lifted sales and profit outlook. Meggitt net tumbled 58%. Metro net swung to profit. Tullett Prebon net plunged.

Tesla Agrees to Buy SolarCity, Uber in $35 billion Deal in China

Mukesh Buch
01 Aug, 2016
New York City

BroadSoft net loss narrowed. CNA Financial net surged. Loews net swung to a loss. Tesla Motors agreed to acquire SolarCity for $2.6 billion. Uber agreed to sell its China unit in a $35 billion merger deal with Didi Chuxing. Verizon agreed to acquire Fleetmatics for $2.4 billion.

Glaxo, Verily to Invest

Sarla Buch
01 Aug, 2016
New York City

Air Liquide profit dropped 5% but revenues jumped 8%. Glaxo and Google owned Verily plans to invest

ArcelorMittal, HeidelbergCement, IAG Net Jump; Barclays, Diageo Net Drop

Sarla Buch
29 Jul, 2016
New York City

ArcelorMittal net surged but revenues plunged 13%. Barclays profit tumbled 31% on 9% drop in revenues. Diageo net declined 6%. Daimler plans to invest

Alphabet, Amazon, Merck Net Soar; Exxon Mobil, Ford Net Decline

Mukesh Buch
29 Jul, 2016
New York City

Alphabet net soared 43%. Amazon.com net and revenues surged. Chevron net swung to a loss and revenues plunged 24%. Exxon Mobil net tumbled 59% on 22% drop in revenues. Ford profit declined 9% but sales jumped. Merck profit soared 76%. United Parcel net rose 3%.