Oct 13, 2017 12:30 PM EDT
BofA reported stronger than expected results. PNC Financial net jumped 14%. Wells Fargo net tumbled 19% after legal costs. Applied Optoelectronics tumbled on lowered outlook. J B Hunt Transport net plunged 8% while revenues soared 9%.
Oct 13, 2017 10:42 AM EDT
BASF agreed to acquire seed and herbicide businesses from Bayer for €5.9 billion. GKN tumbled on profit warnings and legal claims costs. Faurecia said sales in the third-quarter soared 10%. Man Group said assets under management jumped 8%.
Oct 12, 2017 1:20 PM EDT
Citigroup profit jumped 8% but trading revenues plunged. Commerce Bancshares net soared. Domino''s Pizza beats profit and sales estimates but stock declined. JPMorgan beats estimate after trading revenue declined 27%. Lindsay net plunged 19%.
Oct 12, 2017 12:08 PM EDT
Accor agreed to acquire Australia-based rival Mantra for €0.9 billion. U.K. regualtor provisionally approved Hungryhouse acquisition by Just Eat. Deutsche Lufthansa agreed to acquire most of the assets of the insolvent carrier Air Berlin. Sky reported better-than-expected first quarter results.
Oct 11, 2017 12:52 PM EDT
BlackRock revenues gained as assets surged closed to
$6 trillion. Barracuda net plummeted but revenues increased. Delta Air Lines estimated higher earnings despite Hurricane Irma related charges. Fastenal margins disappointed analysts. JetBlue September traffic fell 4.4%.
Oct 11, 2017 11:22 AM EDT
Christian Dior reported strong segment revenues. Dunelm said online sales soared but margins dropped. Gerresheimer profit plunged but margin jumped. Hargreaves Lansdown reported growth in assets and clients. Packaging groups Mondi said net loss narrowed.
Oct 10, 2017 12:35 PM EDT
AIG estimated catastrophe losses of $3 billion. Express Scripts agreed to acquire EviCore Healthcare for $3.6 billion. Pfizer may spin off consumer healthcare business. Wal-Mart jumped on fiscal 2019 forecast and plans for stock buyback of up to $20 billion.
Oct 10, 2017 12:28 PM EDT
BAE Systems said it plans to reduce more than estimated 1,900 Jobs. Domino''s Pizza surged on strong third-quarter sales. Easyhotel revenues surged 39%. Givaudan revenues jumped 4%. LVMH beats estimate. Nisa agreed to be acquired by Co-op Group.
Oct 09, 2017 10:11 AM EDT
GM agreed to buy Strobe the user of LIDAR technology. Honeywell plans to spin off its non-core assets in to two separate companies. Radial agreed to be acquired by Belgium government-owned Bpost. Skyline profit more than doubled but revenues declined.
Oct 09, 2017 10:06 AM EDT
Accor offered to acquire Australia-based rival Mantra. Air Berlin may be forced to ground all flights by October if its current negotiation with EasyJet fails. Bpost agreed to buy the U.S.-based Radial for $820 million. Millennium & Copthorne Hotels received bid of £1.8 billion.