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Glaxo Cautious on Outlook, Rio Tinto Rewards Shareholders

Sarla Buch
07 Feb, 2018
New York City

ABN Amro reported better-than-expected fiscal results. Carlsberg profit tumbled on weak sales. Glaxo earnings and sales surged. Hexagon beat earnings forecasts. Rio Tinto reported strong result with cash flow of $14 billion. Sanofi net profit slides as sales dropped.

GM Reports Record Earnings, Gartner and Cummins Offer Positive Outlook

Mukesh Buch
06 Feb, 2018
New York City

AmerisourceBergen profit soared on tax benefit. Archer Daniels profit jumped on strong demand. Cummins offered positive outlook on 2018 profit and revenue. General Motors jumped on record earnings. Gartner profit and revenues soared.

BNP Paribas Misses Estimate, BP Profit Jumps on Rising Energy Production

Sarla Buch
06 Feb, 2018
New York City

BNP Paribas missed profit estimate. BP forecasted energy production growth as it ramps seven projects. Jenoptik plunged despite revenues and profit jumped. Intesa Sanpaolo profit more than doubled and the bank unveils new strategy. Munich Re declined on weak forecast.

Broadcom Lifts Qualcomm Bid, Bristol-Myers Jumps on Earnings

Mukesh Buch
05 Feb, 2018
New York City

Bristol-Myers jumps on earnings and also said its key trial for immunotherapy or lung cancer drug show strong promise. Broadcom lifted its bid to $120 billion for Qualcomm. Booz Allen won cyber-security contract worth $621 million. Hess net loss narrowed. Sysco beats revenue expectations.

Sandvik Profit Soars 94%, Vonovia Launches BUWOG Takeover Offer

Sarla Buch
05 Feb, 2018
New York City

Capgemini agreed to acquire the U.S.-based LiquidHub for

Apple Investors Worry High Priced iPhone Sales Outlook, Amazon Jumps

Mukesh Buch
02 Feb, 2018
New York City

Apple stock fell on the worries that the latest version of iPhone sales may falter on high prices. Amazon profit jumped after strong holiday sales. Exxon Mobil profit quintupled on tax benefit. Alphabet slumped after quarterly results declined. Phillips 66 reported strong quarterly profit.

AstraZeneca Tumbles on Weak Sales, Deutsche Bank Posts 3rd Quarterly Loss

Sarla Buch
02 Feb, 2018
New York City

AstraZeneca beats earnings estimate. BT profits and revenues missed forecasts. CaixaBank revenues jumped. Danske Bank plans to launch share buy-back program for up to 10 billion krone. Deutsche Bank net loss widened on weak revenues and tax changes in the U.S.

Facebook Ad Revenues Jump, Microsoft Growth Accelerates on Cloud Business

Mukesh Buch
01 Feb, 2018
New York City

AT&T profit surged. Facebook offered upbeat forecast despite the usage decline in the U.S. Microsoft cloud business accelerates. MasterCard net tumbled 76% on new tax law but revenues surged. Time Warner reported strong quarterly growth.

Daimler Cautious on 2018; Unilever Profit Jumps, Vodafone Sales Fall

Sarla Buch
01 Feb, 2018
New York City

Daimler profit surged 24% but issued cautious outlook. Dassault Systemes forecasted strong annual revenues growth. Vodafone plunged on disappointing results. Nokia loss widened. Novo Nordisk reported disappointing earnings results. Unilever profit surged. Vodafone revenue fell.

Eli Lilly Lifts Earnings Outlook, Fujifilm Acquire Xerox in $6.1 B Deal

Mukesh Buch
31 Jan, 2018
New York City

ArcelorMittal profit surged on higher steel prices. Boeing beats quarterly estimates. Eli Lilly lifted earnings outlook. Nasdaq net swung to profit on higher revenues. Xerox surged on merger agreement with Japan-based Fujifilm.

Santander, Siemens and Volvo Profit Jump; H&M Net Suffers on Faltering Traffic

Sarla Buch
31 Jan, 2018
New York City

Banco Santander profit soared as European economy show signs of mild strengths. Ericsson reported higher than expected losses. H&M plunged on disappointed results. Siemens profit surged on strong sales and orders. Volvo offered positive market outlook.

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