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WebMD Accepts $2.8 B Deal, Halliburton Swings to Profit

Mukesh Buch
24 Jul, 2017
New York City

Cal-Maine Foods net loss widened on 9% decline in revenues. Halliburton net swung to profit after 31% increase in revenues. Hasbro revenues surged. Illinois Tool lifted fiscal outlook. ManpowerGroup net rose. VF Corp net more than doubled.

Reckitt Sales Slump on Cyber Attack, Ryanair Warns Softer Prices

Sarla Buch
24 Jul, 2017
New York City

Partners Group agreed to buy the U.K.-based Civica for

GE Sales Down 12%; Honeywell, Microsoft, Visa Net Surge

Mukesh Buch
21 Jul, 2017
New York City

Colgate-Palmolive net declined 13% on disappointing sales. eBay profit tumbled but met revenues expectations. GE continued to struggle with revenues and quarterly sales fell 12%. Microsoft net more than doubled. Visa net surged.

Vodafone Battles Global Fall in Rates, Paysafe Receives Takeover Offer

Sarla Buch
21 Jul, 2017
New York City

France based auto equipment maker Faurecia lifted fiscal forecast. Paysafe received a conditional takeover offer for

Abbott Lifted Forecast; BNY Mellon Net Soars, Qualcomm Net Declines

Mukesh Buch
20 Jul, 2017
New York City

Abbott net plunged but revenues soared and lifted profit forecast. BNY Mellon net surged on higher clearing services. Danaher net slumped but revenues jumped. Kinder Morgan net rose. Philip Morris net slid. Qualcomm net and revenues tumbled. Travelers net declined.

Publicis Lifted by U.S. Business, Unilever Revises Margin Target Higher

Sarla Buch
20 Jul, 2017
New York City

easyJet lifted fiscal profit forecast. Publicis revenues rose after improved performance in the U.S. Premier Foods sales declined on weak grocery sales. Sports Direct profit tumbled. Unilever net soared.

Reckitt Benckiser and McCormick in $4 B Deal, Electrolux Net Soars

Sarla Buch
19 Jul, 2017
New York City

Drax said net swung to loss and the electric utility plans to increase natural gas as fuel. Electrolux profit surged after strong demand in North America. Reckitt Benckiser agreed to sells its food business to McCormick for $4.2 bn. RPC lifted revenues forecast. Sweden-based Tele2 revenues jumped.

IBM Revenue Decline Extends in 5th Year; Morgan Stanley Beat Estimates

Mukesh Buch
19 Jul, 2017
New York City

Crown Castle plans to acquire Lightower Fiber Networks for about $7.1 billion. Grainger profit tumbled but reaffirmed fiscal 2017 forecast. Morgan Stanley profit trading revenues lead industry surpassing Goldman Sachs. United Continental net surged.

Bank of America Beat Earnings, J&J, Lockheed Martin Lifted Outlook

Mukesh Buch
18 Jul, 2017
New York City

Bank of America profit soared on higher interest rate income and rising deposits. Goldman Sachs slumped on weak bond trading revenue. Harley-Davidson net plunged and motorcycle maker lowered shipment forecast. J&J lifted fiscal 2017 outlook. Netflix surged.

Ericsson Net Swings to Loss, Rio Tinto Lowered Iron Ore Outlook

Sarla Buch
18 Jul, 2017
New York City

British Land plans to buy back up to

Multi-Color in $1.3 B Deal with Constantia, Peltz Targets P&G

Mukesh Buch
17 Jul, 2017
New York City

BlackRock net soared 8% on 6% jump in revenues. Church & Dwight agreed to acquire privately held Water Pik for $1 billion. Carlyle Group agreed to buy Belgium-based ADB Safegate. J B Hunt net jumped 6%. Multi-Color agreed to acquire Germany-based Constantia Flexibles.

Balfour, Carillion Win U.K. Contracts, Telenor Launches Stock Repurchase

Sarla Buch
17 Jul, 2017
New York City

Balfour Beatty

Citigroup, Wells Fargo Beat Estimates; JP Morgan Drops on Outlook

Mukesh Buch
14 Jul, 2017
New York City

Citigroup profit dropped and trading revenue declined 6%. JPMorgan declined on lowered outlook but quarterly net soared 13%. PNC Financial net surged 14% on higher interest income. Wells Fargo & Co net jumped but the bank said it trimmed auto loan as the market softened.

Skanska Net Declines 12% on Write down, SEB Profit Surges

Sarla Buch
14 Jul, 2017
New York City

Acacia Mining agrees to pay higher royalty rate for gold mining to Tanzanian government. Hays said net fees in the fourth-quarter jumped 7%. Skanska profit declined on write down. SEB Sweden-based bank said first-half profit surged.

French Group Alstom Sales Up 6%, Babcock Stock Spikes on Results

Sarla Buch
13 Jul, 2017
New York City

Alstom revenues in the first-quarter jumped 6%. Babcock Intl forecasted stable order book. Ofcom set up separate unit to monitor BT''s Openreach unit. Sports Direct agreed to buy 26% Stake in Game Digital.

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