Jun 16, 2016 1:29 PM ET
Clarcor net jumped 39% but revenues declined 9%. Jabil Circuit net plunged 93% on flat revenues. Kroger net soared 10% on 5% increase in revenues. Korn-Ferry Intl profit plummeted 78% but revenues surged 48%. Rite Aid net swung to a loss and revenues surged 23%.
Jun 16, 2016 12:21 PM ET
European markets turned lower on the growing anxieties as the EU membership referendum date approached near in the U.K. Banks led the decliners after Swiss central banks suggested UBS and Credit Suisse may need to raise more capital. Mulberry net swung to profit. Poundland profit tumbled 94%.
Jun 15, 2016 1:27 PM ET
Bob Evans net plunged 89% and the restaurant operator forecasted financial outlook that fell short of expectations. Johnson Publishing plans to sell-off its Ebony and digital-only publication Jet. Turning Point Brands profit tumbled 35%.
Jun 15, 2016 1:26 PM ET
Resource stocks lead market rebound. Air France said domestic pilot strike has cost more than €40 million. Areva plans to split in three companies and raise as much as €8 billion. EDF and DIF agreed to acquire Thyssengas for €700 million. Zodiac third-quarter revenues jumped 4% to €1.4 billion.
Jun 14, 2016 1:24 PM ET
Daetwyler agreed to acquire U.K.-based smaller rival Premier Farnell for 1.09 billion Swiss francs. GAM tumbled after the investment manager forecasted operating profit in the first-half to drop 50%. Ashtead profit surged 51% to £102 million.
Jun 14, 2016 12:43 PM ET
Isle of Capri Casinos net surged to $25 million. John Wiley & Sons profit plunged 27%. Motorcar Parts of America net plummeted 26% but revenues jumped 16%.
Jun 13, 2016 9:38 AM ET
Microsoft agreed to acquire LinkedIn for $196 per share or $26.2 billion. Symantec plans to acquire privately held Blue Coat for $4.65 billion. Science Applications net was flat but revenues soared 20%. Synutra Intl net plunged on 22% decline in revenues.
Jun 13, 2016 9:28 AM ET
Lafargeholcim decided 9 countries for asset divestments of about 3.5 billion Swiss franc including Saudi Arabia, South Korea and India. Siemens said it has no interest in robot maker Kuka targeted to €4.5 billion by China-based home appliance maker Midea.
Jun 10, 2016 1:27 PM ET
European market indexes extended weekly losses as the euro continued to rebound. Airbus intends to raise €2.38 billion through sale of remaining stake of 23.6% in the France-based Dassault Aviation. BP divested its stake Norwegian oil field for $1.3 billion. Deutsche Lufthansa CFO resigned.
Jun 10, 2016 11:55 AM ET
Agilysys net loss narrowed after revenues soared 11%. Cherokee net slumped 28%. H & R Block profit declined 5% on flat revenues. KMG Chemicals net surged more than three-fold. Mattress Firm Holding net swung to a loss despite revenues surged 49%.