Market Update

Cigna Lifts Fiscal Outlook, New York Times Profit Soars 66%

Mukesh Buch
03 May, 2018
New York City

Ball Corp reported better-than-expected first-quarter results. Becton, Dickinson net swung to a loss but revenues surged 42%. Cigna lifted fiscal outlook. Cardinal Health net plunged and lowered fiscal earnings outlook. HCP net tumbled. New York Times profit soared 66%.

Aeroports de Paris Profit Surges, Bayer Profit Drops on Currency Volatility

Sarla Buch
03 May, 2018
New York City

Arkema profit and revenues surged. Aeroports de Paris profit soared on strong traffic and passenger numbers. Bayer said profit was hurts by negative currency effects. Legrand profit surged on new products.

Apple Announces Stock Buy Back of $100 B; MasterCard Net Surges

Mukesh Buch
02 May, 2018
New York City

Apple iPhone sales jumped and the device maker announced $100 billion stock buyback. AmerisourceBergen revenues exceeded estimate. CVS Health prescription drug sales surged. MasterCard profit soared on higher consumer spending.

Telefonica Net Loss Narrows, Inmarsat Swung to Profit

Sarla Buch
02 May, 2018
New York City

bet-at-home profit surged after registered customers jumped. GN Store Nord reaffirmed fiscal revenue forecast and plans to buy back share of up to 1 billion kronor. Inmarsat surged after net swung to profit. Telefonica said net loss in the first-quarter narrowed on flat revenues.

Ecolab Lifts Outlook, Merck Net Tumbles; Cummins Drops but Beats Earnings

Mukesh Buch
01 May, 2018
New York City

Aetna net swung to profit. American Tower lowered fiscal outlook. Archer-Daniels net and revenues jumped. Cummins net plunged but revenues surged. Ecolab net fell. Merck net tumbled 54%. Pfizer profit surged but revenues disappointed.

BP Profit Jumps on Rising Oil Prices and Production, Carlsberg Lifts Forecast

Sarla Buch
01 May, 2018
New York City

BP profits jumped on higher oil prices and production. Carlsberg lifted profit forecast despite revenues declined. DS Smith said paper volume growth improved in the year. Just Eat reaffirmed fiscal 2018 revenues growth forecast. RPS Group stock soared.

T-Mobile US and Sprint in $27 B Merger Deal, McDonald's Net Surges

Mukesh Buch
30 Apr, 2018
New York City

Allergan lifted fiscal outlook after net loss narrowed. CNA had strong start in 2018. Mercury General net swung to a loss on weak revenues. Loews profit fell but revenues soared. McDonald''''s net surged. T-Mobile US and Sprint are in $27 B merger agreement.

Airbus, Deutsche Bank Profit Decline; Sainsbury to Acquire ASDA from Walmart

Sarla Buch
30 Apr, 2018
New York City

Accor is in preliminary merger talk with Switzerland-based Movenpick Hotels. Airbus profit plunged 31% on fewer deliveries. Deutsche Bank reported weak-than-expected results. Sainsbury profit declined 10% and the retailer agreed to acquire controlling interest in Asda.

Intel Lifts Revenue Outlook, ExxonMobil Production Slumps as Profit Gains

Mukesh Buch
27 Apr, 2018
New York City

Colgate-Palmolive net soared on improved pricing. Dover formally approved separation of Apergy Corporation. Exxon Mobil profit and revenues soared. Intel lifted revenues forecast and the chipmaker reported a profit surge. Moody

Sanofi Announces Stock Buyback, Despite Asia Setback Renault Sales Rise

Sarla Buch
27 Apr, 2018
New York City

Amundi profit soared as net assets under management jumped on the rising inflow. Renault revenues edged up despite sales decline in Asia and Middle East. Sanofi profit tumbled 82% and drug-maker plans to buy back as much as

Bristol-Myers Lowers Forecast, PepsiCo Beats Estimates

Mukesh Buch
26 Apr, 2018
New York City

AbbVie plans to buy back up to $7.5 billion of stocks. Bristol-Myers net declined but revenues jumped. ConocoPhillips profit plunged despite higher oil prices. PepsiCo beats profit and sales expectations.

Barclays Net Swing to Loss, Orange SA Subscriber Growth Lifts Revenues

Sarla Buch
26 Apr, 2018
New York City

Barclays net swing to a loss and the bank led investor group agreed to buy

Comcast Lifts Sky Offer to $31B, Twitter Swing to Profit

Mukesh Buch
25 Apr, 2018
New York City

Anthem net jumped on lower medical expenses. Boeing lifted forecast on higher defense and aviation revenues. General Dynamics delivered solid first-quarter results. Nasdaq lowered its full-year operating expenses guidance. Twitter first quarter swung to profit.

Credit Suisse Profit Soars on Surging Asset Flows, Trivago Swings to Loss

Sarla Buch
25 Apr, 2018
New York City

Atos revenues jumped and the software company signed a partnership with Google. Credit Suisse reported stronger-than-expected results. Trivago net swung to loss on higher advertising spending. Zodiac Aerospace revenues declined 12.4%.

Caterpillar, Eli Lilly Lift Fiscal Outlook, Verizon Report Solid Income Growth

Mukesh Buch
24 Apr, 2018
New York City

Biogen net soared 57% on 11% jump in revenues. Caterpillar profit jumped on strong demand. Coca-Cola profit jumped on lower cost but sales declined 16%. Eli Lilly lifted fiscal outlook on higher sales of diabetes and cancer drugs.