Market Update

Air Products to Buy GE Patents, Becton Dickinson Net Swings to Loss

Mukesh Buch
06 Nov, 2018
New York City

Archer-Daniels beats earnings estimates. AmerisourceBergen net swung to profit. Air Products net fell but revenues jumped. Becton, Dickinson net swung to a loss despite the surge in revenues. Eli Lilly lifted fiscal outlook.

Deutsche Post Reaffirms Outlook on Global Strength, Zalando Plunges 10%

Sarla Buch
06 Nov, 2018
New York City

Adecco beats earnings estimates. Deutsche Post profit tumbled and reaffirmed fiscal outlook. Hugo Boss net plunged on weak revenues. SGL Carbon lifted fiscal outlook. Zalando net soared 14% on 16% jump in revenues.

Fannie Mae to Pay $4 B Dividend, CAN Financial Profit Soars

Mukesh Buch
05 Nov, 2018
New York City

CNA Financial beats earnings estimates. Fannie Mae to pay $4 billion dividend to the U.S. Treasury. Kemper Corp reports strong results. Loews profit surged but revenues remained weak. Regal Beloit net plunged but revenues soared. Westrock net jumped.

Ferrari Profit Jumps 49%, Siemens Healthineers Estimates Improving Results

Sarla Buch
05 Nov, 2018
New York City

bet-at-home.com net plunged 9% on 4% drop in revenues. Basler, advanced digital camera maker said profit declined 19% on weak revenues. Ferrari profit surged but the income fell short of expectations. Siemens Healthineers forecasted strong growth ahead.

Apple Plunges 7%; Chevron, Exxon Mobil Profit Surge

Mukesh Buch
02 Nov, 2018
New York City

Apple plunged on weaker-than-expected revenue outlook but the device maker reported strong quarterly result. Chevron net surged after production jumped at shale oilfields. Duke Energy beats estimates. Exxon Mobil profit surged. Kraft Heinz missed earnings estimates.

Alitalia Receives Two Binding Bids, Willis Towers Reaffirms Outlook

Sarla Buch
02 Nov, 2018
New York City

Alitalia confirmed receiving two binding bids. International Consolidated Airlines lifted operating profit forecast for fiscal years between 2019 and 2023.Paddy Power Betfair reported strong third-quarter results. Willis Towers Watson reaffirmed fiscal forecast.

NY Times Ads Revenues Surge; Church & Dwight Soars on Outlook

Mukesh Buch
01 Nov, 2018
New York City

Ball Corp net surged despite weak revenues. Church & Dwight lifted fiscal outlook. Exelon net declined. Marathon Petroleum net dropped despite a surge in revenues. PPL lifted fiscal outlook. Parker Hannifin net soared. Teva Pharma net swung to a loss.

Arcelor Mittal Beats Estimates, Swiss Re Swings to Profit Overcoming Disasters

Sarla Buch
01 Nov, 2018
New York City

Arcelor Mittal beats earnings estimates but steelmaker said shipments plummeted. BT Group surged after improved forecast. Credit Suisse reported lower-than-expected results. Swiss Re returned to profitability despite a series of heavy natural catastrophes and man-made disasters.

Facebook Ad Revenues Surge 33%, GM Net Swing to Profit on Strong Revenues

Mukesh Buch
31 Oct, 2018
New York City

Anthem net surged on revenues growth. ADP lifted fiscal outlook. Baxter net surged after sales in the U.S. advanced. Estee Lauder net Soared. GM beats earnings estimates. Facebook advertising revenues surged. Kellogg declined on weak segment revenues.

Glaxo Tightens Fiscal Forecast, ThyssenKrupp Net Declines 36%

Sarla Buch
31 Oct, 2018
New York City

Air France KLM reaffirmed fiscal outlook despite net declined. Airbus reported better-than-expected results. Clariant sales and net jumped on higher price. GlaxoSmithKline beats earnings estimates. ThyssenKrupp net declined 36% on weak revenues.

Allergan, Eaton, Under Armour Lift Outlook; Cognizant, Pfizer Lowers Forecast

Mukesh Buch
30 Oct, 2018
New York City

American Tower reported strong results. Allergan reported higher-than-expected profit and lifted full-year forecast. Aetna beats earnings estimates. Baker Hughes missed estimates. Pfizer cuts revenue forecast. Under Armour surged.

BNP Paribas Bond Trading Revenues Drop, VW Reaffirms 2018 Deliveries

Sarla Buch
30 Oct, 2018
New York City

BNP Paribas net dropped after bond trading revenues declined 15%. Deutsche Borse reaffirmed fiscal outlook. Fresenius slumped on weak revenues. Deutsche Lufthansa net declined on higher fuel costs and integration costs of Eurowings. Volkswagen reaffirmed fiscal 2018 deliveries.

Cooper Tire, Mercury General, Tower Intl Surge; First Data Tumbles

Mukesh Buch
29 Oct, 2018
New York City

Booz Allen reaffirmed fiscal outlook after net income soared. Cooper Tire surged despite net plunged. Dana beats profit estimates. First Data lowered fiscal outlook. Mercury General net soared 26%. Tower Intl reported strong results.

HSBC Net Surges on Asia Boom, GEA Jumps on Positive Outlook

Sarla Buch
29 Oct, 2018
New York City

GEA Group reported net income declined but offered positive outlook. HSBC reported strong results and said growth was driven by the rising activities in Asia. Kuka net income and revenues declined but a system engineering contract.

Amazon, Alphabet Decline on Disappointments; Intel Posts Record Quarter

Mukesh Buch
26 Oct, 2018
New York City

Amazon plunged after sales disappointed investors. Alphabet Inc reported better-than-expected profits but missed revenues estimates. Colgate net tumbled on weak revenues. Intel posted another record quarter on strong microchip demand. Moody''s profit fell. Phillips 66 net surged.