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Lennar Home Order Backlog Surges, RPM International Net Plunges 40%

Mukesh Buch
03 Oct, 2018
New York City

Acuity Brands net surged 20%. Lennar met earnings estimates. Landec reaffirmed fiscal 2019 outlook. RPM International revenues jumped 9%.

Vodafone Italy Buys 5G Spectrum, Norsk Hydro Shuts Down Brazil Plant

Sarla Buch
03 Oct, 2018
New York City

ITE Group acquired the mining event managed by Euromoney. Norsk Hydro plans to shut down alumina refinery in Brazil. Tesco declined after weaker-than-expected profit. Vodafone Italian unit purchased spectrum for

PepsiCo Sales Rise 1.5%; Paychex Reaffirms Outlook

Mukesh Buch
02 Oct, 2018
New York City

Emerson Electric agreed to acquire a unit of General Electric. Lamb Weston net surged 29% on 12% jump in revenues. PepsiCo net jumped 16%. Paychex forecasted rising revenues in key segments.

Royal Mail Issues Profit Warning, Ferguson Declines on Weak Revenue Growth

Sarla Buch
02 Oct, 2018
New York City

DX Group jumped after net loss narrowed. Ferguson declined on weak revenue growth. Royal Mail plunged on profit warnings. Veolia Environnement agreed to sell its 30% stake in Transdev.

Honeywell to Acquire Germany Based Transnorm, Cal-Maine Drops 9%

Mukesh Buch
01 Oct, 2018
New York City

Cal-Maine Foods net swung to profit on higher average selling price but the egg producer misses expectations. BioLife Solutions lifted fiscal outlook. Cohu said it completed the acquisition of Xcerra. Stitch Fix jumped ahead of its earnings release.

French Retailer Casino Sells Stores, Ryanair Faces Rising Cost Pressures

Sarla Buch
01 Oct, 2018
New York City

Switzerland-based Aryzta said it plans to raise

BlackBerry Surges on Strong Profits, Carnival Beats Estimates

Mukesh Buch
28 Sep, 2018
New York City

Aceto net swung to a loss. Applied Optoelectronics lowered fiscal outlook. BlackBerry surged after profit than doubled. Bassett Furniture net fell. Carnival beats earnings estimates. Progress Software net soared 49%. Vail Resorts net loss widened.

Saab, Boeing Win $9 B U.S. Air Force Contract; Serco Rides on Positive Outlook

Sarla Buch
28 Sep, 2018
New York City

Kaufman declined ahead of its third-quarter earnings results. Serco surged after better-than-expected profit forecast. Saab and Boeing won $9.2 billion contract from the U.S. Air Force. SMA Solar Technology plunged 9% after solar equipment supplier lowered outlook.

Bed Bath & Beyond Tumbles 22%, Intuit Reaffirms Outlook

Mukesh Buch
27 Sep, 2018
New York City

Bed Bath & Beyond net declined on higher expenses. Conagra plunged on weak revenues. H.B. Fuller lowered fiscal outlook. Intuit reaffirmed fiscal estimates. McCormick net jumped. Rite Aid net swung to a loss but reaffirmed fiscal outlook.

H&M Profit Tumbles, 888 Holdings Net Swings to Profit

Sarla Buch
27 Sep, 2018
New York City

888 Holdings net swung to profit. CVS Group net declined despite revenues surged 20%. Hella GmbH reported strong results. The fashion retailer H&M profit tumbled on extraordinary costs of major shifting. Saga profit increased on strong travel business.

CarMax, Cintas, KB Home Ease; Nike Trims Expectations on Stronger Dollar

Mukesh Buch
26 Sep, 2018
New York City

Actuant industrial conglomerate reaffirmed fiscal outlook. AAR government and defense segment sales surged. CarMax beats expectations.Cintas earnings were ahead of expectations. KB Home net soared. Nike said stronger dollar will affect earnings growth.

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