Market Update

Aviva Lifts dividend, UniCredit Net Rises on Higher Fees

Sarla Buch
03 Aug, 2017
New York City

Aviva profit surged on strong growth in general insurance business. Cobham swung to profit on flat revenues. LSE raised dividend. Neste net plunged but revenues soared. Siemens profit was ahead of expectations but larger order volume declined. UniCredit net benefited from higher fees.

Apple China Sales Declines; Humana Lifts Outlook

Mukesh Buch
02 Aug, 2017
New York City

Apple net soared on strong iPhone sales. Cardinal Health net declined and lowered fiscal outlook. Exelon reaffirmed fiscal forecast. Humana lifted fiscal outlook. Southern Co net more than doubled. Time Warner revenues soared.

Rio Tinto Expands Buyback Plan, Societe Generale Profit Tumbled 21%

Sarla Buch
02 Aug, 2017
New York City

Asda reported eleventh consecutive quarterly loss in sales. BAE Systems revenues soared. Hugo Boss reaffirmed stable full-year outlook. Rio Tinto expanded share buyback plan. Societe Generale net tumbled on litigation cost.

US Auto Sales in July Decline; Pfizer Net Surges, Thomson Reuters Net Falls

Mukesh Buch
01 Aug, 2017
New York City

Archer Daniels sales fell. Ecolab net soared and raise fiscal outlook. Fiat Chrysler, Ford, GM July auto sales declined on weak passenger cars demand. Pfizer net surged and reaffirmed fiscal 2017 outlook. Thomson Reuters net plunged 41% on flat revenues.

BP Profit Rises and Debt Soar on Gulf Oil Spill Payouts; Centrica Net Tumbles

Sarla Buch
01 Aug, 2017
New York City

BP net swing to profit on 32% jump in revenues. Centrica net tumbled despite weak energy demand due to warm weather. HeidelbergCement sales and profit surged and reaffirmed fiscal forecast. Koninklijke DSM net and revenues surged. Rolls-Royce net swung to profit

Discovery in $14.6 B deal with Scripps, Loews Net Swings to Profit

Mukesh Buch
31 Jul, 2017
New York City

CNA Financial beats profit forecast despite weak revenues. Discovery Communications agreed to acquire the Scripps Networks for $14.6 billion. Dana lifted sales forecast. Loews net swing to profit. Roper Technologies net jumped.

HSBC Ramps Up Share Buy Back, Sanofi Lifts Earnings Outlook

Sarla Buch
31 Jul, 2017
New York City

bet-at-home.com profit doubled on 18% jump in revenues. Coats Group raised dividend after increase in earnings. HSBC beats profit estimate and announced third share buyback in a year. Sanofi lifted earnings outlook.

Redfin IPO Surges 36%; Chevron, Exxon Net Jump, Amazon Net Drops

Mukesh Buch
28 Jul, 2017
New York City

Amazon net tumbled on higher spending but revenues surged. American Airlines net declined 16%. Chevron net swung to profit on cost reduction. Exxon Mobil net doubled. Merck lifted revenue forecast. Rockwell net plunged 16%. Redfin surged on the first day of trading.

Barclays Swings to Loss; Credit Suisse, Renault Net Jump

Sarla Buch
28 Jul, 2017
New York City

BT blamed profit decline in the first-half on accounting scandal in Italy. Barclays swung to net loss on charges related to Africa operations and rising claims linked to fraudulent insurance selling. Credit Suisse posted better-than-expected profit. Eni swung to profit.Renault lifted sales forecast.

Facebook Net Soars 70%, MasterCard Revenues Rise 13%

Mukesh Buch
27 Jul, 2017
New York City

American Tower net soared. Bristol-Myers lowered earnings outlook after profit plunged. Celgene net surged. Comcast revenues jumped 10%. ConocoPhillips net loss widened. Dow Chemical net tumbled. Facebook advertising revenues surged. MasterCard net soared. P&G net jumped.

AstraZeneca Falls on Cancer Drugs Trial Failure; LVMH and Dior Soar

Sarla Buch
27 Jul, 2017
New York City

AstraZeneca tumbled 16% after the company said its lung cancer trials failed to meet expectations. Christian Dior net surged. Diageo jumped on higher margin and buyback plan. Deutsche Bank profit surged but warned on revenue outlook. LVMH sales soared. Lloyds Banking set aside additional

AMD, Boeing, General Dynamics Lift Outlook, Coca-Cola Net Tumbles

Mukesh Buch
26 Jul, 2017
New York City

AMD stock surged on better-than-expected sales. Boeing lifted fiscal outlook. Coca-Cola net tumbled 59% on charges associated with the refranchising of bottling territories. Ford net jumped. General Dynamics lifted earnings outlook.

Daimler Reports Record Sales, Glaxo Trims Earnings Outlook

Sarla Buch
26 Jul, 2017
New York City

Atos reaffirmed fiscal outlook. BASF net declined 15% on 24% plunge in revenues on substantially lower contributions in the Oil & Gas segment. Daimler net rose 2% and forecasted fiscal 2017 growth of about 3%. Glaxo net swung to profit. ITV net plunged 15%.

Alphabet Advertising Revenues Soars, 3M Lifted Outlook

Mukesh Buch
25 Jul, 2017
New York City

3M net soared and lifted outlook. Alphabet net declined but revenues jumped after advertising revenue soared. Caterpillar net surged 46%. Domino''s domestic sales jumped.

Jimmy Choo in

Sarla Buch
25 Jul, 2017
New York City

Covestro net profit more than doubled on 20% surge in revenues. Dassault revenues and profit jumped. Groupe Eurotunnel net tumbled 41% but the transportation company held out for improved results. Jimmy Choo agreed to be acquired by Michael Kors for