ticker

Andeavor to Buy Western Refining, Third Point Takes Black Rock Stake

Mukesh Buch
14 Aug, 2017
New York City

Andeavor Logistics agreed to acquire Western Refining in a deal valued at $1.8 billion. Third Point acquired a stake in BlackRock and reaffirms its interest in Alibaba.Group. Sysco profit soared 42%. Target agreed to buy Grand Junction. VF Corp agreed to acquire family-owned Williamson-Dickie.

Bilfinger Loss Narrowed, RWE Declares Special Dividend

Sarla Buch
14 Aug, 2017
New York City

Bilfinger net loss narrowed despite decline in revenues. Danone surged on merger speculation. Chinese automaker plans to bid for Fiat Chrysler. RWE declared special dividend. ThyssenKrupp may be nearing a deal with Tata Steel.

Nordstrom Online Sales Surge, JCPenney, Snap Inc Net Loss Widen

Mukesh Buch
11 Aug, 2017
New York City

Applied Indl Tech net more than doubled. Acushnet net jumped 22% but revenues plunged 8%. Enerplus net swung to profit on 69% jump in revenues. J C Penney drops to record low. Nordstrom net slumped. NVIDIA net more than doubled. Snap net loss widened.

European Indexes Drop 2%, Old Mutual Net Jumps

Sarla Buch
11 Aug, 2017
New York City

Innogy net plunged but reaffirmed outlook. KPS net increased. Novozymes depreciation and write-downs jumped. Nationwide Building Society said mortgage lending declined 31%. Old Mutual profit soared 87% on 45% jump in revenues.

Blue Apron, Dillard's, Kohl's, Macy's Plunge; Perrigo, Vista Outdoor Jump

Mukesh Buch
10 Aug, 2017
New York City

Blue Apron tumbled after net swung to a loss. Dillard''s plunged on disappointed results. Kohl''s beats profit forecasts. Macy''s net surged but sales declined. Perrigo surged after net loss narrowed. Vista Outdoor revenues plunged but reaffirmed fiscal outlook.

Glencore Lifts Outlook, Thyssenkrupp Net Drops Brazil Divestment

Sarla Buch
10 Aug, 2017
New York City

Aegon net swung to profit and agreed to sells its Irish unit. Co-op Bank net loss widened. Glencore net swung to profit after revenues soared. Henkel reaffirmed fiscal outlook. ThyssenKrupp net swung to loss on the divestment of Brazil mill. TUI net loss widened.

Office Depot Tumbles on Outlook, Disney Eases on Flat Revenues

Mukesh Buch
09 Aug, 2017
New York City

Avnet net plunged but sales surged. Cars.com net tumbled 41% on flat revenues. Echostar profit plunged 88%. Office Depot lowered fiscal sales outlook. Vantiv lifted fiscal 2017 revenue outlook and agreed to acquire the U.K.-based Worldpay.

Worldpay in

Sarla Buch
09 Aug, 2017
New York City

G4S lifted revenues forecast. Hastings Group net surged after new legal rules in motor insurance premiums. Legal & General net soared 42%. Munich Re net plunged 9%. Symrise lifted fiscal outlook. Worldpay agreed to be acquired by Vantiv for

Dean Foods Tumbles; Michael Kors, Ralph Lauren Surge

Mukesh Buch
08 Aug, 2017
New York City

CBS net tumbled 86% but revenues jumped 9%. CVS Health lowered full year earnings outlook. Dean Foods net declined 47%. Gartner net swung to a loss but revenues surged. Icahn Enterprises net swung to profit. Michael Kors net and sales plunged.

Deutsche Post, Standard Life Net Soar; Pandora Plunges 11%

Sarla Buch
08 Aug, 2017
New York City

Bellway forecasted strong growth in revenues. Deutsche Post profit jumped. Pandora reaffirmed revenue estimate but missed earnings estimates. Paddy Power Betfair net swung to profit. Standard Life profit soared 29% ahead of Aberdeen merger this month.

NxStage Agrees to Merge with Fresenius, Horizon Pharma Lifts Outlook

Mukesh Buch
07 Aug, 2017
New York City

Booz Allen net soared 17%. First Data profit surged 22%. The GEO plunged despite 5% jump in revenues. Horizon Pharm lifted fiscal outlook. II-VI net more than doubled. Tyson Foods net declined 8% but revenues soared.

Renault in Landmark Deal with Iran, PostNL Net Tumbles

Sarla Buch
07 Aug, 2017
New York City

Banco Bpm net swung to profit and agreed to sell its Aletti Gestielle unit to Anima Holding for

Activision, Motorola Lift Outlook, Duke Energy Reports Strong Earnings

Mukesh Buch
04 Aug, 2017
New York City

Activision lifted revenues outlook. Ameren net surged on 7% jump in revenues. CBOE Holdings net soared 33%. CIGNA net surged 59%. Consolidated Edison net declined 25% on flat revenues. Duke Energy net jumped. Motorola lifted revenues forecast. Sempra Energy net jumped.

Allianz and Swiss Re Results Diverge; Paysafe Agrees to $3.9 B Offer

Sarla Buch
04 Aug, 2017
New York City

Andritz plunged on lowered sales estimate. Aon profit surged. Allianz acquired 49% stake in general insurance unit of Liverpool Victoria. Deutsche Telekom net tumbled 57%. Paysafe agreed to go private for $3.9 billion. RBS net swung to profit. Swiss Re profit declined 37%.

Aetna Exits from Health Exchanges; Teva Tumbles on Lower Outlook

Mukesh Buch
03 Aug, 2017
New York City

Aetna lifted fiscal outlook and announced to leave U.S. managed healthcare exchanges. Apache net swung to profit. Becton Dickinson net swung to a loss. Cognizant net surged on strong demand in cloud services. DISH Network net tumbled. Teva Pharma net swung to a loss of $6 billion.

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