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Home Depot, Eagle Materials Report Solid Results on Construction Strength

Mukesh Buch
15 May, 2018
New York City

American Midstream Partners net loss narrowed on higher revenues. Eagle Materials reports rising earnings as construction industry stays strong. Goodrich Petroleum net edged down despite revenues jumped 25%. Home Depot reports healthy same store sales growth.

Credit Agricole Misses Estimates, ThyssenKrupp Benefits from Steel Price Gains

Sarla Buch
15 May, 2018
New York City

Credit Agricole profit declined on weak retail and capital markets. Commerzbank profit jumped but revenues slumped. Merck profit tumbled 35% and the pharmaceuticals maker reaffirmed fiscal 2018 revenues forecast. ThyssenKrupp net swings to profit on the steel prices revival.

Xerox Terminates Fujifilm Merger and Strikes Deal with Activists Investors

Mukesh Buch
14 May, 2018
New York City

Cambium Learning fell on weak results. Nine Energy said net swung to profit after revenues surged 13%. OptiNose net loss widened. Xerox said it terminated planned $6.1 billion merger deal with Japan-based Fujifilm Holdings.

European Markets Slide, Energy Stocks Turn Volatile

Sarla Buch
14 May, 2018
New York City

Aumann profit soared on 25% jump in revenues. Cancom plunged despite net and revenues surged. ElringKlinger revenues were lower after the spinoff of Hug Group. Innogy revenues declined on weak domestic business.

Thomson Reuters Announces Stock Buy Back, TiVo Loss Narrows

Mukesh Buch
11 May, 2018
New York City

Jagged Peak Energy net loss narrowed on strong revenues. Thomson Reuters announced new $500 million share buyback program. TiVo Corp net loss narrowed.

Air France KLM April Traffic Drops, John Wood Soars 9%

Sarla Buch
11 May, 2018
New York City

Air France KLM said passenger numbers in April dropped 2.5%. BBA Aviation said revenues soared 10%. John Wood Group surged after the oil service provider offered optimistic views.

Duke Energy Net Jumps on Rising Electricity Demand, JetBlue Traffic Jumps

Mukesh Buch
10 May, 2018
New York City

AMC Networks reported strong first-quarter results. Duke Energy reported higher demand in electric utilities business helped quarterly revenues. Enbridge net tumbled 30%. JetBlue Airways April passenger count jumped 5.7%. Revlon net loss widened.

BT to Cut 13,000 Jobs in U.K., UniCredit Reports Best Quarter in a Decade

Sarla Buch
10 May, 2018
New York City

BT plunged after weaker-than-anticipated quarterly results and telecom group said it plans to eliminate 13,000 jobs and plans to leave its London headquarter. The retailer Next Plc lifted fiscal sales and profit outlook. UniCredit reported record quarterly results in a decade.

AB InBev Net Eases on Non-beer Sales Weakness, Coty Loss Narrows

Mukesh Buch
09 May, 2018
New York City

AB InBev profit fell after non-beer volumes declined by 6.9%.. Cable One profit and revenues surged. Coty net loss narrowed. Office Depot lifted fiscal outlook. SINA profit declined despite advertizing revenues surged. Wolverine reported strong first-quarter earnings results.

Vodafone in

Sarla Buch
09 May, 2018
New York City

Henkel profit and sales fell on negative currency effects and persistent problems in supply chain. Fraport recorded 14.4 million passenger count. TUI net loss narrowed and travel services operator estimated solid demand for summer booking. Vodafone agreed to buy assets of Liberty Global

Dean Foods Net Loss Narrows, DISH Network Revenues Decline

Mukesh Buch
08 May, 2018
New York City

Aramark profit tumbled but the food services provider improved fiscal outlook. Dean Foods said net loss narrowed. Discovery net swung to loss on the acquisition of Scripps. DISH Network net fell on weaker subscriptions. Valeant Pharma net swung to a loss.

Takeda Offered

Sarla Buch
08 May, 2018
New York City

Adecco reported weaker-than-expected first-quarter result. Lafargeholcim declined on flat revenues and weak profit. Munich Re profit surged and reaffirmed fiscal 2018 outlook. Shire agreed to be acquired by Japan-based Takeda Pharmaceutical for about

Nestle Buys Starbucks Distribution Rights for $7 B, Hannover Re Lifts Outlook

Sarla Buch
07 May, 2018
New York City

Hannover Re lifted fiscal lifted fiscal 2018. Nestle agreed to distribute Starbucks packaged products in retail stores in a $7.2 billion deal.

AIG Reported Weak Q1 Results, Alibaba Sales Jump on Transaction Growth

Mukesh Buch
04 May, 2018
New York City

Alibaba net jumped. AIG reported lower-than-expected results. AON profit surged after strong growth in reinsurance business Celgene net declined. Consolidated Edison net soared on higher electric and gas prices. VF Corp fell despite net and revenues jumped.

BMW, SocGen Profit Hurt by Weaker Dollar; HSBC Launches Stock Repurchase

Sarla Buch
04 May, 2018
New York City

BMW reported rising global vehicle sales but profitability was hurt by weaker dollar. HSBC profit fell on higher operating expenses and the bank announced $2 billion of stock repurchase. Societe Generale revenues were impacted by low interest rate and weaker dollar.

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