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CVS Health Net swing to Loss, Disney Profit Surge on Segment Revenues

Mukesh Buch
08 Aug, 2018
New York City

CVS Health booked $3.9 billion in goodwill impairment charges. Fossil net loss narrowed. The New York Times net surged but advertising revenue declined. Thomson Reuters profit surged. Southern Co beats revenue estimates. Walt Disney net and revenues soared.

E.ON Energy Networks Profit Declines, Munich Re Net Surges

Sarla Buch
08 Aug, 2018
New York City

ABN AMRO profit declined on higher impairments charges. E.ON net plunged after weak energy networks business. Munich Re profit surged 21%. Prudential net declined but profit in the Asia surged

Office Depot, Zebra Tech Surge; Dentsply Discovery, Dean Foods Decline

Mukesh Buch
07 Aug, 2018
New York City

AES Corp net surged but revenues declined. Discovery profit plunged but domestic revenues doubled. Dentsply Sirona tumbled after the company lowered fiscal outlook. Office Depot jumped on strong revenues. Zebra Technologies net surged.

Commerzbank Lowered Expectations; Deutsche Post, Zalando Net Decline

Sarla Buch
07 Aug, 2018
New York City

Commerzbank net swung to profit but forecasted higher costs estimates. Deutsche Post profit declined after higher expenses, transport and staff costs. Pandora trimmed fiscal sales and profit margin estimates. UniCredit profit jumped on lower cost and provisions. Zalando net declined.

Berkshire Hathaway Net Soars to $12 B, Sempra Net Swings to Loss

Mukesh Buch
06 Aug, 2018
New York City

Berkshire Hathaway profit surged to $12 billion. Cardinal Health net swung to a loss. Henry Schein reported record second-quarter results.Jacobs Engineering beats earnings estimates. Rite Aid plunged on lowered outlook. Sempra Energy net swung to a loss.

Audi Net Drops, HSBC Net Jumps; Loan Losses Drag Banco BPM Profit

Sarla Buch
06 Aug, 2018
New York City

Audi forecasted fiscal 2018 revenues may slightly increase. Banco BPM profit declined on higher loan loss provisions. HSBC beats earnings estimates.

DISH Subscriber Base Shrinks; Kraft Heinz Net Tumbles

Mukesh Buch
03 Aug, 2018
New York City

Ameren lifted fiscal 2018 earnings outlook. DISH Network beats revenue estimate despite a decline in subscriber base. HMS Holdings The Kraft Heinz net tumbled on higher costs. Noble Energy missed earnings estimates. Western Union declined on weak forecast.

Allianz Reaffirms Outlook; Credit Agricole, Siemens, Swiss Re Net Plunge

Sarla Buch
03 Aug, 2018
New York City

Allianz reaffirmed 2018 profit target. Credit Agricole profit declined but revenues advanced. Dufry reported lower-than-expected results. Mondi profit jumped on higher prices. Siemens beats expectations. Swiss Re reported disappointing results.

Tesla Revenues Jump as Loss Widens; Aetna and Cigna in Focus

Mukesh Buch
02 Aug, 2018
New York City

AmerisourceBergen quarterly results showed healthy growth and met market expectations. Aetna revenues were ahead of expectations. Becton Dickinson net swung to profit. Cigna lifted outlook. Duke Energy missed earnings estimates.Tesla net loss widened but revenues doubled.

Barclays Net Swings to Profit, Amundi Assets Jumps; BMW Expands in Hungary

Sarla Buch
02 Aug, 2018
New York City

Amundi assets under management jumped 8% to

Apple Profit Soars on Higher Priced iPhones, Humana Lifts Outlook

Mukesh Buch
01 Aug, 2018
New York City

Apple profit surged on higher-priced iPhones. Dominion Energy profit soared on 11% jump in revenues. Entergy net plunged 40% on weak revenues. Humana beats earnings estimates and lifted fiscal outlook. Sprint plans to launch mobile 5G network in fiscal 2019.

BNP Profit Down on Weak Trading Profit, VW Dims Outlook

Sarla Buch
01 Aug, 2018
New York City

ArcelorMittal higher shipments rise. Air France-KLM net swung to a loss. BNP Paribas profit beats forecasts. Intesa Sanpaolo net tumbled 58%. Rio Tinto lifts dividend and the miner expanded stock buy back by $1 billion. Volkswagen revenues rose.

P&G and Cummins Lifted Outlook; American Tower Surges Ahead

Mukesh Buch
31 Jul, 2018
New York City

Archer-Daniels reported better than expected earnings. American Tower profit declined. Cummins lifted fiscal outlook. Ecolab net soared. Freddie Mac net surged. P&G forecasted strong results in fiscal 2019. Pfizer lowered revenues forecast.

Credit Suisse Net Surges 49%, Vivendi Looking to Sell Universal Stake

Sarla Buch
31 Jul, 2018
New York City

Credit Suisse profit surged 49%. Standard Chartered reported pre-tax profit jumped 34%. EDF net plunged but utility provider lifted profit forecast. Eurofins profit soared 22% on 25% jump in revenues. Fresenius reaffirmed fiscal 2018 outlook. Vivendi revenues surged.

Caterpillar Earnings Soar, Chevron Profit Jumps on Higher Oil Price

Mukesh Buch
30 Jul, 2018
New York City

Caterpillar reported stronger-than-expected results. Chevron net surged on higher sales price. Loews missed earnings result. Mercury General beats earnings estimates. Seagate Technology net surged. Tyson Foods lowered outlook.

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