ticker

Allergan in $2.5 B Deal with Zeltiq, Teva Pharma Net Swings to Loss

Mukesh Buch
13 Feb, 2017
New York City

Allergan agreed to acquire Zeltiq for $2.5 billion. First Data net swung to profit. HCP net swung to profit after revenues jumped. Insperity net surged 51%. Teva Pharmaceutical net swung to loss but reaffirmed revenues outlook. Versum net tumbled 75%. WEX profit plunged 22%.

Aurubis Confirms Outlook, Ipsen Buys Portfolio of Products from Sanofi

Sarla Buch
13 Feb, 2017
New York City

Aurubis net swung to profit despite scheduled shut-down. The debt laden online bank Co-Operative Bank is looking for capital injection or a buyer. Ipsen agreed to buy five consumer healthcare products from Sanofi. Peugeot agreed to acquire India-based passenger car brand Ambassador.

CBRE Soars on Earnings Surprise, Expedia Focuses on Recent Acquisitions

Mukesh Buch
10 Feb, 2017
New York City

ArcelorMittal net tumbled 41%. Activision Blizzard net surged 60%. CBRE profit jumped 47%. Expedia net swung to profit. Mohawk Ind net soared 22% and the flooring maker lifted earnings forecast. NVIDIA net more than tripled. Reynolds American net surged three-fold. Ventas beats estimates.

L

Sarla Buch
10 Feb, 2017
New York City

Kering net surged 17% on 7% increase in revenues. L''Oreal net declined 6% and cosmetic products maker said Body Shop. Reckitt Benckiser agreed to buy the U.S.-based Mead Johnson for

Twitter Plunges As Growth Stalls, Coca Cola Results Lack Fizz

Mukesh Buch
09 Feb, 2017
New York City

Boeing secured 39 wide-body airplanes from Singapore Airlines. Cummins net surged. CVS Health net jumped 14%. Coca-Cola profit tumbled 56%. DTE Energy net soared 64%. Kellogg net advanced 16%. Reuters net surged on sell of IP & Science business unit. Twitter net loss widened.

SocGen Earnings Get Boost from Retail Banking, Total SA Beats Estimates

Sarla Buch
09 Feb, 2017
New York City

Eutelsat net fell 2%. Glaxo net swung to profit on new products sales. Henderson net plunged 32%. Societe Generale net tumbled 41% but profit in retail banking soared and the bank raises provision for litigation costs. Smith & Nephew net surged 91%. Total SA net swung to profit.

Cognizant to Return $3.4 B to Shareholders, Disney Misses Revenue Target

Mukesh Buch
08 Feb, 2017
New York City

Allergan net loss narrowed. Cognizant net fell 2%. Exelon net plunged 34%. Humana net swung to a loss and the company plans to offer more . Jacobs Engineering net soared 30%. Owens Corning net slumped 21%. Disney net declined 14%. Time Warner net tumbled 66%.

Rio Tinto Returns Cash on Iron Ore Boom, Sanofi Net More Than Doubles

Sarla Buch
08 Feb, 2017
New York City

Maersk net swung to a loss but forecasted profit to improve to about $1 billion in fiscal 2017. Carlsberg net swung to profit. Rio Tinto plans to buy back shares up to $500 million. Sanofi net more than doubled. Vestas Wind net surged 41%.

Record Earnings at GM, Kors Plunges on Weak Hand Bag Sales Outlook

Mukesh Buch
07 Feb, 2017
New York City

Arrow Electronics plunged on weak outlook. Archer Daniels net tumbled 41%. Cardinal Health profit slid but revenues jumped. Church & Dwight net rose. GM profit plunged 71% while revenues soared 11%. Intercontinental Exchange net surged 12%. Omnicom net jumped.

BP Earnings at 10-Year Low as Oil Struggles to Rally, StatOil Loss Widens

Sarla Buch
07 Feb, 2017
New York City

BP net swung to profit and revenues jumped 6%. BNP Paribas profit surged 15%. Hannover Re said preliminary net income rose 2% to

Higher Ad Revenues Lift 21st Century Fox, Lowe's Net Swing to Profit

Mukesh Buch
06 Feb, 2017
New York City

FMC net swung to profit and revenues fell 4%. Twenty-First Century Fox net surged 27%. Hasbro net and revenues jumped. Lowe''s net swung to profit. Sysco revenues surged 11%. Tyson Foods net soared 29%.

Construction Group Skanska Net Rises, Metro Net Tumbles 64%

Sarla Buch
06 Feb, 2017
New York City

Banco Popular net swung to a loss on bad loans and higher provisions. Fingerprint Cards forecasted average annual growth of about 20% up to 2019. Skanska net rose 7% and plan to divest A1 motorway project in Poland. Intesa Sanpaolo net surged. Metro net tumbled 64%.

Ralph Lauren CEO to Step Down, Facebook Advertisement Revenue Jumps 53%

Mukesh Buch
02 Feb, 2017
New York City

Becton Dickinson net more than double. ConocoPhillips net loss narrowed. Facebook net more than double after advertisement revenues soared 53%. L Brands comparable store sales decline 4%. Merck net soared 23%. Philip Morris net surged. Parker-Hannifin net jumped 32%.

AstraZeneca, Nokia, Shell Profit Surge; Reckitt Offers $17 B to Mead Johnson

Sarla Buch
02 Feb, 2017
New York City

AstraZeneca profit more than doubled but revenues decline 13%. Deutsche Bank net loss narrowed. Daimler net surged 19%. Nokia profit and revenues soared. Reckitt Benckiser is in talks to buy the U.S.-based baby milk producer Mead Johnson for $17 billion.

Altria Offers Cautious Outlook, Acquisition Powers Energizer Results

Mukesh Buch
01 Feb, 2017
New York City

Altria net surged on SAB Miller deal but revenues declined 1.4% and fell short of expectations. Baxter net soared 19%. Celanese net swung to profit. Energizer profit tumbled 57%. Ingersoll-Rand net plunged 15%. Johnson Controls net plummeted 27%. Tupperware profit surged 36%.

Market Update