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Lockheed Martin Earnings Beats Estimates, Seagate Net Tumbles

Mukesh Buch
29 Jan, 2018
New York City

Affiliated Managers earning were ahead of expectations. Dominion Energy lifted fiscal earnings outlook. DST Systems revenues surged. Lockheed Martin sales beat expectations. Seagate Technology net tumbled 47%. WestRock net soared.

Sanofi in

Sarla Buch
29 Jan, 2018
New York City

Ablynx agreed to be acquired by France-based Sanofi for

Honeywell Lifts Estimate, Starbucks Falls 5% in Weak U.S. Holiday Sales

Mukesh Buch
26 Jan, 2018
New York City

Colgate-Palmolive profit tumbled 47%. Honeywell lifted earnings forecast. Intel surged on stronger quarterly results. Rockwell Collins beats earnings estimates. Starbucks holiday sales disappointed analysts.

LVMH Sale Jumps on Asian Demand, Givaudan Reports Steady Growth

Sarla Buch
26 Jan, 2018
New York City

Aryzta tumbled on profit warnings. Givaudan reported strong full-year financial performance. LVMH reported better-than-expected sales growth. Nordea Bank profit tumbled on weak activity. Telia net plummeted on hefty impairments.

3M Lifts Fiscal Outlook; Caterpillar Net Loss Narrows, Ford Net Surges

Mukesh Buch
25 Jan, 2018
New York City

3M lifted fiscal 2018 outlook. Biogen robust fiscal 2018 estimate on record revenues. Caterpillar beats profit estimates after sales surged 35%. Celgene profit soared on strong Revlimid sales. Ford annual profit surged. Northrop Grumman profit tumbled 66%.

Fiat Chrysler Profit Nearly Doubles, Getlink Reported Record Passenger Count

Sarla Buch
25 Jan, 2018
New York City

Asos beats revenues forecasts. Elior Group revenues in the first-quarter jumped 6%. Fiat Chrysler profit nearly doubled on higher margins. Getlink reported strong fiscal 2017 revenues on record passenger count. Sky net surged on strong customer growth.

GE to Restate 2016, 2017 Results; Rockwell and General Dynamics in Focus

Mukesh Buch
24 Jan, 2018
New York City

Abbott reported strong medical device business. Comcast beats earnings estimates. GE agreed to restate its 2016 and 2017 financial results. United Tech profit turns lower on tax reform. Illinois Tool Works lifted fiscal 2018 guidance.

Novartis Beats Estimates and Lifts Dividend, Suez Tumble on Weaker Outlook

Sarla Buch
24 Jan, 2018
New York City

J D Wetherspoon reported better-than-expected first-half sales. Novartis profit more than doubled. The Sage Group revenue growth disappointed analysts. Suez warned of profit weakness. Secunet Security Networks revenues soared.

Adobe Lifts Fiscal Outlook; J&J Takes $13.3 B Tax Charge

Mukesh Buch
23 Jan, 2018
New York City

Adobe Systems lifted fiscal outlook. J&J said net swung to a loss on tax provision charges. Kimberly Clark beats profit estimates. Netflix revenues surged. P&G net tumbled 68%. Verizon net soared.

U.K. Says Fox Not Fit to Takeover Sky, easyJet Revenue Soars

Sarla Buch
23 Jan, 2018
New York City

easyJet offered upbeat revenue and passenger growth estimate. Logitech lifted fiscal outlook on strong sales. SSP Group first quarter revenue jumped 13.5%. UK regulator said Fox takeover of Sky is not in public interest.

AIG Acquires Validus for $5.6 B, Celgene in $9 B deal with Juno Therapeutics

Mukesh Buch
22 Jan, 2018
New York City

AIG agreed to acquire Validus for $5.56 billion. Celgene agreed to buy smaller rival Juno Therapeutics for $9 billion. Halliburton beats on fourth-quarter profit. Ingersoll-Rand acquired the U.K.-based ICS Group.

Sanofi in $11.6 B Deal with Bioverativ, Richemont Pursues Yoox Net-A-Porter

Sarla Buch
22 Jan, 2018
New York City

Dixons Carphone sales jumped after strong performance in Norway and Greece. Richemont offered

AmEx Card Spending Rises 1.9%, IBM Books $5.5 B Tax Related Charge

Mukesh Buch
19 Jan, 2018
New York City

American Express beats earnings estimates but reported quarterly loss on the account of one-time tax reform related charges. IBM fell on weak profit outlook. SunTrust Banks profit jumped 58%. Schlumberger net loss narrowed.

BASF Earnings Soar 50%, Ceconomy Net Drops

Sarla Buch
19 Jan, 2018
New York City

BASF annual sales and profit surged. Ceconomy forecasted profit to decline despite higher sales. Remy Cointreau reported third-quarter sales above the estimates. Dignity tumbled on profit warning after lower funeral prices. Software estimated lower profit.

Morgan Stanley Trading Revenue Drops, BB&T and BNY Net Shine

Mukesh Buch
18 Jan, 2018
New York City

Alcoa net loss widened but revenues soared 28%. BNY Mellon profit surged 38%. BB&T beats estimates. J B Hunt net and revenues jumped. Morgan Stanley said trading revenues declines but wealth management fees rise.

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