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Adidas Net Jumps, Credit Suisse Beats Estimates; Swiss Re Net Drops

Sarla Buch
03 Nov, 2016
New York City

Adidas profit surged 24% and the athletic shoe maker lifted fiscal outlook. Credit Suisse net tumbled 95% but the bank results were ahead of analysts expectations. ING Group net soared 27%. Swiss Re profit plunged 17% but revenues jumped 10%. Societe Generale net soared 41%.

Broadcom to Acquire Brocade for $5.9 B, Estee Lauder Net Falls

Mukesh Buch
02 Nov, 2016
New York City

Alibaba revenues jumped on the domestic sales surge. Anthem lowered earnings forecast. Broadcom agreed to acquire network gear maker Brocade for $5.9 billion. Estee Lauder net fell. L Brands lowered earnings outlook. Time Warner net surged and lifted forecast.

Lufthansa Net Surges, Moller-Maersk Struggles as Oil Shipping Revenues Loss

Sarla Buch
02 Nov, 2016
New York City

A.P. Moller-Maersk profit tumbled 43% on 9% decline in revenues. Security services provider G4S said revenues soared 6% to

Qualcomm in $38 B Deal with NXP; Colgate-Palmolive, Ford Net Fall

Mukesh Buch
27 Oct, 2016
New York City

Bristol-Myers lifted fiscal outlook. Colgate-Palmolive net and revenues slumped after sales in Latin America plunged 13%. Ford profit tumbled 56%. Qualcomm agreed to buy NXP Semiconductors for $38 billion.

VW Net Surges on China and Porsche, Bond Trading Lifts Deutsche Net

Sarla Buch
27 Oct, 2016
New York City

Barclays profit tumbled 25% on 6% drop in revenues. Deutsche Bank net swung to profit with the help of improved bond trading. Volkswagen said profit surged on strong earnings from Skoda, Porsche units and in its China joint ventures.

Apple Net Falls 19%, Boeing Profit Surges 34%

Mukesh Buch
26 Oct, 2016
New York City

Apple Inc said its quarterly net income and revenues tumbled after iPhone, iPad and Mac computer sales declined. Boeing net surged 34% and the aerospace and defense contractor lifted full-year forecast. Comcast revenues soared 14%. Coca-Cola profit plummeted. General Dynamics net declined 7%.

Bayer, Logitech Net Soar; Airbus, Lloyds Banking Profit Decline

Sarla Buch
26 Oct, 2016
New York City

Airbus net declined 5%. Bayer profit surged 19%. The luxury goods retailer Kering revenues jumped 11%. Logitech net surged 41%. Lloyds Banking net tumbled 68% and set aside a further

GM, Merck, P&G Net Surge; Caterpillar, Du Pont, Eli Lilly Net Tumble

Mukesh Buch
25 Oct, 2016
New York City

Baker Hughes net loss widened. Caterpillar net and revenues tumbled and construction equipment maker lowered revenues forecast. Du Pont and Eli Lilly lifted revenues estimate. GM net doubled. Lockheed Martin net surged. Merck and P&G net soared.

Novartis, Randstad Net Jump; Orange Lowers Profit Outlook

Sarla Buch
25 Oct, 2016
New York City

Air Liquide said revenues in the third-quarter rose. Novartis profit soared 7% and forecasted full-year profit to be at the best flat. Orange lowered profit forecast. Randstad net surged 16% on 7% jump in revenues. Whitbread net and revenues advanced.

Rockwell in $6.4 B Deal with B/E Aerospace, TD Ameritrade to Buy Scottrade

Mukesh Buch
24 Oct, 2016
New York City

ACCO net plunged. Eagle Materials net doubled. Kimberly Clark lowered fiscal outlook. Philips net surged. Rockwell Collins agreed to acquire B/E Aerospace for about $6.4 billion. TD Ameritrade agreed to buy Scottrade for $4 billion.

Germany Rejects Aixtron Takeover, Syngeta Falls on Deadline Miss

Sarla Buch
24 Oct, 2016
New York City

Aixtron plunged after German ministry rejected takeover by a China based company. Cobham tumbled after the satellite services provider lowered profit outlook. French Connection surged on takeover rumors. Petra Diamonds said production in the first-quarter surged 30%.

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