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Campbell Soup Trims Forecast, Deere and Salesforce Lifted Outlook

Mukesh Buch
19 May, 2017
New York City

Campbell Soup sales and profit drop on higher promotions and weak demand. Cato reported lower-than-expected results and the retailer lowered outlook. Deere surged on improved forecast. Foot Locker net fell. Gap reaffirmed fiscal outlook on flat revenues. Ross Stores net soared.

Eutelsat sells Spanish stake to Abertis, Hikma Pharma Lowers Outlook

Sarla Buch
19 May, 2017
New York City

Eutelsat agreed to sell its 33.7% stake in Spanish business to Abertis for

Burberry Suffers from Management Turmoil, Iliad Subscriber Base Crosses 6 M

Sarla Buch
18 May, 2017
New York City

Burberry said net dropped 8.5%. France based Iliad said revenues jumped on improved subscriber growth. Marston''s net jumped 26%. Royal Mail profit surged on parcel business. Germany based online pet food retailer Zooplus said profit declined 58%.

Cisco Declines on Gloomy Forecast, Wal-Mart Sustains Online Momentum

Mukesh Buch
18 May, 2017
New York City

The Buckle reported better than expected profit. Cisco profit jumped but failed to meet expectations. Children

Thermo in $7.2 B Deal with Patheon, Target Struggles with Sales Growth

Mukesh Buch
17 May, 2017
New York City

American Eagle plunged on weaker-than-expected profit and lower fiscal forecast. Jack in the Box net soared. Thermo Fisher agreed to acquire the Netherlands-based Patheon for $7.2 billion. Target net soared 8%. Urban Outfitters net declined 60%.

Bouygues Net Loss Narrows, Lloyds Back in Private Hands

Sarla Buch
17 May, 2017
New York City

ABN AMRO net surged. Bouygues net loss narrowed on higher revenues. British Land net tumbled on declining property values. U.K. sells final tranche of stake in Lloyds Banking acquired in the financial crisis of 2008. Raiffeisen Bank reports improving loan impairment losses.

Dick

Mukesh Buch
16 May, 2017
New York City

Dick

Italy Based Atlantia Pursues Abertis; Vodafone India Drags Parent

Sarla Buch
16 May, 2017
New York City

Atlantia to launch a

Bilfinger Orders Drops, TUI Declines on weak Sales and Bookings

Sarla Buch
15 May, 2017
New York City

Bilfinger fell on weak demand in the energy and utility sectors. Dignity Plc net and revenues soared on higher number of deaths. Deutsche Pfandbriefbank net jumped 4%. Indus Holding profit revenues surged. The tour operator TUI declined on weak sales and bookings in the U.K.

Moody's to Buy Holland Based Van Dijk, Thermo to Buy Patheon for $7.2 B

Mukesh Buch
15 May, 2017
New York City

AM Castle net loss narrowed despite revenues declined 17%. Forterra net loss widened. Moody''s plans to acquire Netherland-based Bureau van Dijk for $3.3 billion from EQT VI. Patheon agreed to be acquired by Thermo Fisher for $7.2 billion. TPG is in $2.7 billion deal with Fairfax Media.

Arcelor Slumps Despite Strong Quarter; Nordstrom, Penney Drop on Industry Woes

Mukesh Buch
12 May, 2017
New York City

ArcelorMittal plunged despite shipments jumped 5.1% and net swung to profit. AdvanSix revenues soared. J C Penney net loss widened on weak comparable sales. Nordstrom reaffirmed fiscal outlook but missed comparable sales estimate.

AstraZeneca Jumps on Imfinzi trial; Richemont, Innogy, Vivendi Net Drop

Sarla Buch
12 May, 2017
New York City

AstraZeneca jumped on positive lung cancer drug trials. Richemont net plunged 46% and launched new program to buy-back up to 10 million shares. Innogy said its UK unit Npower is expected to generate loss this year. ThyssenKrupp lifted forecast.

Macy', Kohl's, and Dillard's Results Send Panic Through Retail Stocks

Mukesh Buch
11 May, 2017
New York City

Brookfield Asset Management revenues jumped. Enbridge profit tumbled 47%. Kohl''s net soared and gross margin improved. Macy''s profit plunged on weak sales and higher inventory. Snapchat net loss widened. Teva net rose.

BT to Eliminate 4,000 Jobs, Deutsche Telekom Net Swings to Profit

Sarla Buch
11 May, 2017
New York City

AEGON net surged on reduction in expense in the U.S. and higher earnings in Asia. BT said it may cut 4,000 jobs in its global services. Deutsche Telekom net swung to profit on strong drive by T-Mobile US. Telefonica net surged on the recovery in Brazil currency.

European Indexes Advance, AXA Plans Listing of U.S. Units

Sarla Buch
10 May, 2017
New York City

AXA said it plans to list its U.S. insurance and asset management units. Compass Group proposed

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