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Deutsche Bank Net Tumbles, LVMH Reported Strong Profit

Sarla Buch
25 Jul, 2018
New York City

Ageas jumped on the expectations of a bid from Fosun. Deutsche Bank profit tumbled after bond trading declined 17%. Elior revenues jumped. ITV online revenues surged 48%. Lonza reported strong profit and revenues. LVMH profit soared 43%.

Alphabet Revenues Jump; Biogen, Eli Lilly, Lockheed Martin Lifts Forecast

Mukesh Buch
24 Jul, 2018
New York City

3M beats revenue estimates. Alphabet revenues surged but net declined. Biogen lifted fiscal outlook. Eli Lilly revenues jumped on demand for new pharmaceutical products. Kimberly-Clark net plunged. Lockheed Martin net soared. Verizon net declined.

UBS Profit Jumps 9%; AMS Net Swing to Profit, PSA Reports Record Profit

Sarla Buch
24 Jul, 2018
New York City

AMS reported higher than expected second-quarter results. Edenred forecasted strong profit growth in Europe and Brazil. Hochtief net soared 21%. PSA posted record profit after Opel-Vauxhall unit swung to profit. UBS jumped after net profit in the second-quarter soared.

Hasbro Profit Declines on Weak Revenues, Halliburton Reported Strong Results

Mukesh Buch
23 Jul, 2018
New York City

Hasbro profit declined on weak segment revenues. Halliburton net and revenues surged after strong performance in North America. Lennox Intl reported profit jumped. Lincoln Electric net and revenues jumped.

Atos to Buy Syntel; Philips Reaffirms Outlook, Julius Baer Net Edges Up

Sarla Buch
23 Jul, 2018
New York City

Atos declined on weak revenues. Hammerson agreed to sell two retail parks. Julius Baer said profit soared 26%. Philips profit tumbled 77% but the electronics company reaffirmed fiscal outlooks. Ryanair profit declined on higher fuel costs.

GE Extends Weak Performance, Microsoft Rides Market Shift to Cloud

Mukesh Buch
20 Jul, 2018
New York City

General Electric fell after net declined 30% and weaker-than-expected revenues. Honeywell lifted fiscal outlook. Microsoft net jumped after cloud services revenue soared. Stanley Black lowered fiscal forecast. VF Corp revenues soared 23%.

Saab Net Drops on Volatile Currency, Thales Net Jumps on Higher Margins

Sarla Buch
20 Jul, 2018
New York City

Bekaert said first-half sales will be below expectations. Faurecia plunged despite net increased 10%. Remy Cointreau sales barely budged. Saab reaffirmed fiscal outlook. Thales profit surged 53% on higher revenues. Wessanen net declined on weak revenues.

AmEx Lifts Estimates, BB&T Loan Growth Improves; IBM Net Rises

Mukesh Buch
19 Jul, 2018
New York City

Alcoa plunged on flat profit. American Express lifted revenues estimate. The BNY Mellon net jumped. Blackstone profit surged 120%. BB&T net jumped on improved loan growth. IBM net rose. Philip Morris shipment increased. Union Pacific net surged.

Unilever Battles Volatile Prices and Currencies; ABB Wins More Orders

Sarla Buch
19 Jul, 2018
New York City

ABB profit surged 30%. Alstom revenues jump and new orders soared 38%. Publicis reported disappointed first-half results. SAP reported better-than-expected results. Unilever profit and revenues declined as the consumer products group faces price war, truck strike in Brazil and volatile currencies.

Abbott, Grainger Lift Outlook; Morgan Stanley and US Bancorp Beat Estimates

Mukesh Buch
18 Jul, 2018
New York City

Abbott net soared and lifted fiscal outlook. Grainger surged on strong profit and guidance. Intuit out sources its data centers. Morgan Stanleytrading revenue drives profit increase. M&T Bank net soared. Northern Trust acquisition drives profit higher. US Bancorp net surged.

ASML Stretches Profit Streak, Novartis Profit Jumps

Sarla Buch
18 Jul, 2018
New York City

ASML profit surged on 24% jump in revenues. Electrolux profit tumbled after the appliance maker took a provision for unfavorable court ruling in France. EasyJet said revenues soared. Ericsson net loss widened. Novartis reported strong growth.

Goldman Sachs Bond Trading Revenue Surges, UnitedHealth Net Soars

Mukesh Buch
17 Jul, 2018
New York City

Comerica net jumped after loan losses declined. Charles Schwab said new accounts openings jumped to a record high in 18 years. Goldman Sachs reported better-than-expected results. Netflix declined on weaker-than-expected subscriber growth. UnitedHealth net surged.

Casino Groupe Organic Revenues Rise, Telenor Profit Surges

Sarla Buch
17 Jul, 2018
New York City

Groupe Casino organic revenues accelerate but negative currency effects dragged total sales down. Hella reported strong annual sales and profit. Telenor profit surged and telecom services provider reaffirmed fiscal outlook. Schibsted net tumbled 68%.

Bank of America, Blackrock Report Stronger Results, JB Hunt Net Plunges

Mukesh Buch
16 Jul, 2018
New York City

Allied Universal agreed to acquire domestic rival U.S. Security Associates for $1 billion. Bank of America profit surged. Blackrock reported strong financial results. Black Box tumbled after net loss widened. JB Hunt Transport net plunged but revenues surged.

Deutsche Bank Surges 7%, Dialog Semiconductor Issued Positive Outlook

Sarla Buch
16 Jul, 2018
New York City

Deutsche Bank forecasted second-quarter revenues and profit above estimates. Dialog Semiconductor forecasted strong profit and revenues in June quarter. Dragerwerk said second-quarter net income declined. Orange agreed to acquire Sweden-based Basefarm Holding.

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