Market Update

BHP Net Tumbles, Persimmon Net Surge on Strong Deliveries

Sarla Buch
21 Aug, 2018
New York City

BHP Billiton profit tumbled but revenues surged. Dermapharm reaffirmed fiscal outlook. Persimmon profit soared on strong delivery and price. Polymetal profit soared on higher production and prices. John Wood net swung to a loss but revenues surged.

PepsiCo to Acquire Israeli Company, Tyson Foods Buys Keystone

Mukesh Buch
20 Aug, 2018
New York City

ConocoPhillips signed an agreement to recover $2 billion from Venezuela controlled oil company. Estee Lauder revenues soared but profit declined 19%. PepsiCo agreed to buy SodaStream. Tyson Foods agreed to acquire Brazil-based Keystone.

Mulberry Tumbles on Profit Warnings, KPMG Fines Ted Baker

Sarla Buch
20 Aug, 2018
New York City

Mulberry tumbled after the luxury retailer warned of weak sales. The U.K. government took over the operation of Birmingham prison from G4S. KPMG fined Ted Baker for auditing misconduct.

Deere Reported Strong Results, Nordstrom Profit Surged

Mukesh Buch
17 Aug, 2018
New York City

Applied Materials plunged on weak fiscal outlook. America

A.P. Moller

Sarla Buch
17 Aug, 2018
New York City

A.P. Moller

Cisco Advances on Upbeat Views, Walmart Soars 10% on Higher Outlook

Mukesh Buch
16 Aug, 2018
New York City

Cisco Systems earnings and revenues beat estimates. Dillard net loss narrowed. J. C. Penney lowered fiscal 2018 after net loss widened. Walmart net swung to a loss but lifted fiscal 2019 forecast.

Carlsberg Lifted Outlook; Henkel Lowers Earnings Forecast

Sarla Buch
16 Aug, 2018
New York City

Carlsberg lifted fiscal outlook after strong demand in Asia. Henkel net plunged and lowered earnings forecast. ICA Gruppen profit tumbled on higher operating costs as the retailer struggles with heat wave in Europe. Wirecard profit and revenues surged.

Macy

Mukesh Buch
15 Aug, 2018
New York City

Agilent Technologies slumped on weak forecast. Constellation Brands plans to invest $4 billion in Canada-based marijuana grower. Diamondback agreed to buy Energen. Macy''s plunged 13% on flat comparable sales. MSG Networks net soared.

Leoni Tumbles on Weak Results, Vestas Wind Launches Stock Buy Back

Sarla Buch
15 Aug, 2018
New York City

Admiral Group net and revenues advanced. Balfour Beatty revenues declined 10%. Hikma Pharmaceuticals reported strong first-half results. Leoni tumbled. Vestas Wind Systems plans to launch share buyback program.

Advance Auto Parts Beats Estimates, Home Depot Lifts Outlook

Mukesh Buch
14 Aug, 2018
New York City

Advance Auto Parts beats earnings and sales estimates. Brinker International net declined on weak revenues. CDK Global forecasted fiscal 2019 pretax profit to jump 18%. The Home Depot raised fiscal 2018 outlook.

Antofagasta Falls on Tariff Tensions; RWE, Straumann Net Decline

Sarla Buch
14 Aug, 2018
New York City

Antofagasta profit tumbled on tariff tensions. Bilfinger net loss narrowed and reaffirmed fiscal outlook. RWE net plunged on 8% decline in revenues. Straumann net dropped but revenues surged.

Sysco Reports Strong Results, Dycom Plunges 21%, VF Splits Businesses

Mukesh Buch
13 Aug, 2018
New York City

Cannae Holdings missed revenues and profit estimates. Dycom lowered second-quarter and fiscal outlook. Sysco Corp reported strong fiscal 2018 results. VF Corp plans to spin off its jeans business.

Bayer Drops 11% on California Ruling; Salzgitter, United Internet Net Advance

Sarla Buch
13 Aug, 2018
New York City

Bayer tumbled after California court ordered Monsanto to pay $289.2 million. Basler profit and revenues jumped. Cancom cloud solutions segment revenue soared 37%. Salzgitter reported strong first-half results. United Internet reaffirmed fiscal outlook.

News Corp Plunges 10%, Meredith Beats Estimates

Mukesh Buch
10 Aug, 2018
New York City

Air Lease net soared but falls short on revenues estimate. Applied Industrial Technologies net plunged. JetBlue traffic in July soared and load factor jumped. J2 Global lifted earnings forecast. Meredith beats revenue estimates. News Corp net loss narrowed.

Diageo Plans

Sarla Buch
10 Aug, 2018
New York City

Bechtle profit and revenues surged. Diageo plans to launch share buyback for up to