Market Update

Total Invests

Sarla Buch
03 Jul, 2017
New York City

Danone to sell its U.S.-based unit Stonyfield for $875 million. EDF lifted Hinkley Point completion cost to

Berkshire to Exercise Bank of America Warrants, Nike Net Jumps

Mukesh Buch
30 Jun, 2017
New York City

American Outdoor Brands net declined. Berkshire Hathaway plans to buy 700 million shares in Bank of America. Franklin Covey net loss widened. Lindsay net soared 15% on 7% jump in revenues. Micron Technology net swung to profit. Nike profit jumped 19%.

Bayer Lowered Outlook, Trinity Mirror Expects Lower Revenues

Sarla Buch
30 Jun, 2017
New York City

Bayer lowered fiscal profit outlook on rising inventories in Brazil. Delivery Hero raised more than

Walgreens Revises Rite Aid Deal, ConAgra Expands Stock Repurchase Plan

Mukesh Buch
29 Jun, 2017
New York City

Acuity Brands net soared. Conagra net jumped 29% but sales declined 9%. Constellation Brands net surged. Greenbrier net fell 7%. McCormick lifted fiscal outlook. Rite Aid net loss widened. Walgreens Boots terminated merger deal with Rite Aid.

DS Smith to Buy Interstate Resources, J. Wood Issues Cautious Outlook

Sarla Buch
29 Jun, 2017
New York City

Co-op Bank secured

General Mills Beats Earnings on Lower Promotions; Monsanto Net Surges

Mukesh Buch
28 Jun, 2017
New York City

AeroVironment declined on weaker-than-expected fiscal first quarter outlook. CalAmp net loss was flat on weak sales. General Mills net soared 8% and packaged food maker lowered promotions costs. KB Home net more than doubled. Monsanto net soared 19%. UniFirst net plunged.

Philips, Electrical Geodesics in

Sarla Buch
28 Jun, 2017
New York City

Dutch government lowered ABN AMRO stake by 7%. Bunzl forecasted revenues in the second-half to jump 7%. Dixons Carphone profit surged. Legrand plans to buy the Milestone AV Tech for $950 million. Stagecoach net soared. Philips in

EU Issues Record Fine On Alphabet, Darden Jumps on Outlook

Mukesh Buch
27 Jun, 2017
New York City

Computer Services net surged on 15% jump in revenues. Darden Restaurants net plunged but the restaurant operator lifted revenues forecast. FactSet Research net dropped but revenues soared. The EU levied record fine on Alphabet of $2.7 billion. NovaGold net loss narrowed.

Bankia in Spain Acquires BNM, Northgate Plunges

Sarla Buch
27 Jun, 2017
New York City

Bankia agreed to acquire state owned BMN. Carpetright net plunged. Northgate reported weak demand for vehicles. Schaeffler, Germany based auto parts maker lowered profit forecast. Bain Capital and Cinven canceled takeover plan for Stada Arzneimittel.

Key Safety agrees to Buy Bankrupt Takata, Martin Marietta to Buy Bluegrass

Mukesh Buch
26 Jun, 2017
New York City

Martin Marietta agreed to buy privately held Bluegrass Materials Co for about $1.63 billion. Key Safety agreed to acquire defective airbag maker Takata Corp for $1.6 billion. Berkshire Hathaway subsidiary acquired 10% stake in Store Capital.

Activist Targets Nestle, Two Bank Bail Out in Italy Costs

Sarla Buch
26 Jun, 2017
New York City

Banco Bpm plans to sell up to

Bed Bath & Beyond Drops to 7-Year Low, BlackBerry Swings to Profit

Mukesh Buch
23 Jun, 2017
New York City

Apogee net dropped but revenues jumped. AVEO Pharma surged on the approval of its cancer drug in Europe. Bed Bath & Beyond stock dropped to a 7-year low. BlackBerry net swung to profit. Siris Capital offered to acquire Synchronoss for $835 million.

After 7 Years Allied Irish Listed Again, Rio Tinto Repurchases $2.5 B Bonds

Sarla Buch
23 Jun, 2017
New York City

The Irish government sold 25% stake in Allied Irish Banks to raise

Oracle Jumps on strong Cloud Demand, Carnival Lifted Quarterly Outlook

Mukesh Buch
22 Jun, 2017
New York City

Accenture issued weak fiscal forecast. Barnes & Noble revenues declined 6%. Carnival lifted earnings forecast. Oracle net surged on strong cloud demand. Staples may consider an offer to go private.

Standard Life Wins Final Approval for Aberdeen, Ducati Sale Intensifies

Sarla Buch
22 Jun, 2017
New York City

U.K. regulator approved