Dec 20, 2017 11:41 AM EST
Actuant reaffirmed fiscal 2018 outlook. BlackBerry net loss widened after sales declined 22%. General Mills lifted net sales forecast. Micron Technology net and revenues surged. Red Hat net soared 49% on 22% jump in revenues. Rev Group profit soared.
Dec 20, 2017 10:22 AM EST
Banco BPM sell non-performing unsecured credit portfolios for €1.8 billion. UK regulator demanded minimum high speed Internet connection of 10 MB speed for rural areas from BT. Iliad and its founder agreed to buy 64.5% stake in Eir Group for €3.5 billion. Qatargas signed LNG agreement with OMV.
Dec 19, 2017 3:01 AM EST
Darden Restaurants lifted fiscal outlook. FactSet plunged 8% despite reporting rising revenues. Longfin tumbled after buying a blockchain Ziddu.com. Navistar jumped on higher sales in Canada and in the U.S. Tenet explore to sale of its Conifer unit. Worthington net declined 16%.
Dec 19, 2017 10:40 AM EST
Ceconomy net profit soared. China owned Tsinghua increased its stake in Dialog Semiconductor. Fresenius plans to acquire the U.S.-based Akorn in early 2018. Old Mutual agreed to sell asset management unit for £600 million.
Dec 18, 2017 11:22 AM EST
Hershey to acquire Amplify Snack for $1.6 billion. Humana and private equity firms are in preliminary talks to buy Kindred Healthcare. Oracle agreed to acquire Australia-based Aconex for $1.2 billion. Penn National Gaming to buy Pinnacle Entertainment in $2.8 billion.
Dec 18, 2017 9:55 AM EST
The European Commission said it plans to investigate preferential tax for Ikea retail operation. Norway- based Statoil agreed to buy 25% stake in Brazil-based Roncador. Thales agreed to acquire Gemalto for €4.8 billion. Vonovia agreed to acquire Austria-based rival Buwog for €5.2 billion.
Dec 15, 2017 11:49 AM EST
Adobe Systems beats profit estimates. Costco reported strong results. Disney agreed to acquire Twenty-First Century Fox for $52.4 billion. Jabil net plunged but revenues jumped. Oracle declined despite profit beats.
Dec 15, 2017 10:21 AM EST
CropEnergies lowered operating profit forecast after profit declined 33%. Hennes & Mauritz declined on weak sales and said it plans to close stores. SThree beat full-year profit estimate.
Dec 14, 2017 12:08 PM EST
Danaher reaffirmed fiscal 2018 outlook. Nordson lifted fiscal 2018 sales forecast. Pier 1 Imports tumbled after profit plunged 46%. Sanderson Farms reported lower-than-expected results. Scholastic sales and profit declined but reaffirmed fiscal 2018 forecast.
Dec 14, 2017 10:06 AM EST
Capita tumbled on subdued outsourcing market outlook. Dassault terminated Silvercrest engine contract with Safran. Innogy lowered fiscal 2017 and 2018 outlook. Lonmin agreed to be acquired by South Africa-based Sabanye for £285 million. Zodiac Aerospace sales declined.