Market Update

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.

Air Liquide Sales Jump on China Demand, Heineken Cautious on Outlook

Sarla Buch
30 Jul, 2018
New York City

Air Liquide profit soared on double-digit growth in China. Heineken reported weaker-than-expected results. GEA profit plunged 38% but revenues jumped. Heineken declined on cautious fiscal outlook. Siemens Healthineers profit declined on weak revenues.

Intel Lifted Forecast; Twitter Tumbles, Exxon Net Soars on Oil Price Surge

Mukesh Buch
27 Jul, 2018
New York City

Exxon Mobil net and revenues surged. Intel lifted fiscal outlook on strong earnings. Merck profit disappointed but revenues jumped.Rockwell revenues jumped on higher government supply. Twitter tumbled on lower monthly users.

Carrefour Soars on Turnaround Plan Confidence, Eni Profit Jumps on Higher Oil

Sarla Buch
27 Jul, 2018
New York City

BASF missed first-half earnings estimates. Carrefour net swung to loss on weak domestic sales but stock soared on the progress in turnaround plan. Eni profit.Kering reported higher-than-expected profit. Reckitt Benckiser net jumped.

Facebook Tumbles on Weak Outlook, MasterCard Reported Strong Results

Mukesh Buch
26 Jul, 2018
New York City

Bristol-Myers missed earnings estimates. ConocoPhillips net jumped on higher oil prices. Facebook tumbled as revenue growth decelerates.Ford lowered its full year outlook. MasterCard reported strong results. Valero Energy beats profit estimate.

Daimler to Split; Airbus Struggles with Revenue Growth, Nestle Net Rises

Sarla Buch
26 Jul, 2018
New York City

Airbus profit tumbled on weak revenues. Casino Guichard net loss narrowed. Daimler plans to split itself into cars, trucks, mobility units. Glaxo net soared.Nestle profit surged. Nokia net plunged and said 5G will begin from third-quarter.

Boeing Lifts Outlook; GM Net Falls, Coca Cola Struggles with Revenue Growth

Mukesh Buch
25 Jul, 2018
New York City

AT&T profit surged but revenues fell. American Electric Power beat earnings results. Boeing profit soared and lifted fiscal outlook. The Coca-Cola profit beat estimates. GM profit hurts by headwinds. General Dynamics net jumped. United Parcel profit soared.

Deutsche Bank Net Tumbles, LVMH Reported Strong Profit

Sarla Buch
25 Jul, 2018
New York City

Ageas jumped on the expectations of a bid from Fosun. Deutsche Bank profit tumbled after bond trading declined 17%. Elior revenues jumped. ITV online revenues surged 48%. Lonza reported strong profit and revenues. LVMH profit soared 43%.

Alphabet Revenues Jump; Biogen, Eli Lilly, Lockheed Martin Lifts Forecast

Mukesh Buch
24 Jul, 2018
New York City

3M beats revenue estimates. Alphabet revenues surged but net declined. Biogen lifted fiscal outlook. Eli Lilly revenues jumped on demand for new pharmaceutical products. Kimberly-Clark net plunged. Lockheed Martin net soared. Verizon net declined.

UBS Profit Jumps 9%; AMS Net Swing to Profit, PSA Reports Record Profit

Sarla Buch
24 Jul, 2018
New York City

AMS reported higher than expected second-quarter results. Edenred forecasted strong profit growth in Europe and Brazil. Hochtief net soared 21%. PSA posted record profit after Opel-Vauxhall unit swung to profit. UBS jumped after net profit in the second-quarter soared.

Hasbro Profit Declines on Weak Revenues, Halliburton Reported Strong Results

Mukesh Buch
23 Jul, 2018
New York City

Hasbro profit declined on weak segment revenues. Halliburton net and revenues surged after strong performance in North America. Lennox Intl reported profit jumped. Lincoln Electric net and revenues jumped.

Atos to Buy Syntel; Philips Reaffirms Outlook, Julius Baer Net Edges Up

Sarla Buch
23 Jul, 2018
New York City

Atos declined on weak revenues. Hammerson agreed to sell two retail parks. Julius Baer said profit soared 26%. Philips profit tumbled 77% but the electronics company reaffirmed fiscal outlooks. Ryanair profit declined on higher fuel costs.

GE Extends Weak Performance, Microsoft Rides Market Shift to Cloud

Mukesh Buch
20 Jul, 2018
New York City

General Electric fell after net declined 30% and weaker-than-expected revenues. Honeywell lifted fiscal outlook. Microsoft net jumped after cloud services revenue soared. Stanley Black lowered fiscal forecast. VF Corp revenues soared 23%.

Saab Net Drops on Volatile Currency, Thales Net Jumps on Higher Margins

Sarla Buch
20 Jul, 2018
New York City

Bekaert said first-half sales will be below expectations. Faurecia plunged despite net increased 10%. Remy Cointreau sales barely budged. Saab reaffirmed fiscal outlook. Thales profit surged 53% on higher revenues. Wessanen net declined on weak revenues.