ticker

EDF Tumbles on Weak Forecast, Innogy Writes Down Asssets in Npower

Sarla Buch
13 Nov, 2017
New York City

EDF tumbled on weak fiscal 2018 outlook. Innogy booked

Arcelor Mittal Earning Beats Expectations, JC Penney Loss Widens

Mukesh Buch
10 Nov, 2017
New York City

Arcelor Mittal reported better-than-expected results. JC Penney said net loss widened on weak sales. Macy

Allianz Expands Stock Buy Back Plan, Vallourec Narrowed Loss

Sarla Buch
10 Nov, 2017
New York City

Allianz profit jumped despite catastrophe hit but lowered fiscal profit outlook. Bechtle lifted fiscal 2017 sales and profit forecast. Freenet profit surged 55% on 8% jump in revenues. Leonardo tumbled after weak revenues and profit estimate. Vallourec net loss narrowed.

AstraZeneca Net Slumps on Weak Crestor Sales, MGM Net Drops

Mukesh Buch
09 Nov, 2017
New York City

AstraZeneca profit slumps on weak sales of Crestor. Magna International sales jump after higher production in Europe. MGM Resorts profit tumbled but revenues surged 18%. Office Depot profit plunged 52%. Time revenues fell as ad revenues declined.

Siemens Signals Restructuring, Munich Re Result Hits by Catastrophes

Sarla Buch
09 Nov, 2017
New York City

Credit Agricole reported weak trading revenues. Engie profit declined after asset disposals in the U.S. and Indonesia. Munich Re said natural catastrophe losses dominate third quarter results. Siemens industrial profit declined and highlighted struggles in turbine and wind power businesses.

Energizer Sales on Hurricane Related Demand, Global Payments Beats Estimates

Mukesh Buch
08 Nov, 2017
New York City

Cable One plunged after executive chairman announced retirement. CGI Group net declined on one-time charges. Conduent net swung to a loss on weak revenues. Energizer net surged on hurricanes related revenues. Global Payments earnings beat estimates.

Hannover Re Earnings Take Hurricane Hit, M&S Steps Up Closures

Sarla Buch
08 Nov, 2017
New York City

HeidelbergCement profit rebounds on cost controls. Hannover Re earnings drop on catastrophic losses. Marks & Spencer said it will step up apparel store closures and slow down stand-alone food store expansion. Symrise jumped on strong growth in pet food and strong demand in new flavor segment.

LGI Homes Report Strong Revenue Growth, Zebra Tech Net loss Narrows

Mukesh Buch
07 Nov, 2017
New York City

Aclaris Therapeutics said net loss in the third-quarter widened. AdvanSix net and profit jumped. CBOE Global Markets net soared. LGI Homes net surged on strong revenue growth. TopBuild net jumped. Zebra Technologies net loss narrowed.

BMW, VW Offer Cautiously Positive Outlook; Asso British Foods Net Soars

Sarla Buch
07 Nov, 2017
New York City

Associated British Foods reported double-digit increase in profit and revenues. BMW net soared and the automaker lifted pretax profit forecast. Legrand lifted fiscal 2017 outlook. Porsche said Volkswagen rose. Veolia Environnement net and revenues increased.

Broadcom Offers $130 B to Qualcomm, Marvell Pursues Cavium

Mukesh Buch
06 Nov, 2017
New York City

Altice USA and Sprint agree to form a wireless partnership. Broadcom offers to buy Qualcomm for $130 billion. Biglari third-quarter net loss narrowed. Marvell Technology is in merger talk with Cavium.

Mylan Missed Earnings Estimate on EpiPen Weakness, Vopak Net Tumbles

Sarla Buch
06 Nov, 2017
New York City

bet-at-home.com declined despite the surge in profit and revenues. Mylan missed profit estimates after sales in EpiPen business declined. Rexel to raise

Apple Surges on Broad Demand Growth Profile, Duke Energy Beats Forecast

Mukesh Buch
03 Nov, 2017
New York City

Ameren net and revenues declined. Apple reported record profit profit surged to record high on growth across every product category and every region of the world. CBRE reported strong financial results. Duke Energy beats estimates. Moody''''s beats earnings and revenues estimate.

Luxe and China Drive L

Sarla Buch
03 Nov, 2017
New York City

AXA revenues declined after weak sales in life and savings business. L''Oreal luxury brand sales jump in China. Smith & Nephew revenues increased. Societe Generale third-quarter profit tumbled 21%.

Alibaba Beats Estimates; CIGNA, DowDuPont, Yum! Brands Net Decline

Mukesh Buch
02 Nov, 2017
New York City

Alibaba results beat estimates and lifted growth outlook. Automatic Data Processing net jumped 9% on 6% increase in revenues. Becton Dickinson net profit surged. CIGNA net plunged 23% but lifted earnings outlook. DowDuPont net tumbled 29%. Yum! Brands net declined 35%.

Playtech Tumbles on Profit Warning, Sanofi Profit Doubles

Sarla Buch
02 Nov, 2017
New York City

BT net declined on higher cost of telecasting rights. Credit Suisse net swung to profit on strong wealth management revenues. Sanofi dropped after weaker-than-expected revenues but profit doubled. Fielmann profit jumped on strong revenues. Playtech tumbled on profit warnings.

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