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America Market Update

Accenture Drops on Margin Worries, Carnival Lifted Outlook
Mar 22, 2018 1:16 PM EDT
Accenture declined after operating margin declined. Carnival lifted fiscal outlook. ConAgra net jumped despite higher costs. Darden soared and reaffirmed fiscal outlook. G-III tumbled despite net loss narrowed. Guess surged on strong profit. >>

Kuka Expands Business in China, Zooplus Profit hurts by Higher Spending
Mar 22, 2018 12:57 PM EDT
Freenet annual profit surged 27% on 5% jump in revenues. Kuka plans to expand its business in China. Trigano said full-year revenues surged after strong segment performance. Zooplus profit tumbled on higher spending. >>

General Mills Declines on Weak Outlook, Winnebago Profit Surges
Mar 21, 2018 1:18 PM EDT
Arcos Dorados net surged on 8% jump in revenues. Actuant declined after net swung to a loss. General Mills tumbled on operating profit forecast. PQ Group net and revenues soared. Winnebago profit surged 44%. >>

BMW 2018 Profit Soars, Hermes Hikes Dividend and Reports Record Margins
Mar 21, 2018 1:15 PM EDT
BMW forecasted 2018 revenue and deliveries to slightly increase. Hermes International profit surged 11% on strong business in hand bag segments. Viscom reported record revenues but net loss widened. >>

Oracle Plunges on Outlook Worries, Duluth Holdings Tumbles
Mar 20, 2018 1:06 PM EDT
The Children’s Place net swung to a loss and signed license agreement with China-based apparel maker. Duluth tumbled on weak fiscal forecast. Jefferies net swung to a loss but revenues jumped. Oracle net swung to a loss but cloud segment revenues jumped. >>

Porsche and MAN Shine on Results, Michelin Agreed to Buy Fenner
Mar 20, 2018 12:46 PM EDT
Bellway profit jumped on record sales. MAN SE said operating profit in 2017 significantly surged. Michelin agreed to acquire the U.K.-based conveyor belt maker Fenner Plc for £1.3 billion. Porsche reported record 2017 results. Tom Tailor net swung to profit. >>

KLA-Tencor Agrees to Buy Orbotech, Fidelity National to Buy Stewart Info
Mar 19, 2018 1:01 PM EDT
Canadian Solar net swung to profit after revenues soared 66%. Fidelity National Financial agreed to buy Stewart Information Services for $1.2 billion. KLA-Tencor agreed to buy Israel-based Orbotech for $3.4 billion. MoneyGram net swung to a loss. >>

Hammerson Rejects £5 B Offer, Saint-Gobain to Buy Logli Massimo
Mar 19, 2018 12:48 PM EDT
Henkel said it is facing supply chain issues in North America. Hammerson rejected takeover proposal of £5 billion from France-based Klepierre. Micro Focus tumbled on fiscal 2018 sales warnings. Saint-Gobain acquired Italy-based Logli Massimo. >>

Adobe Earnings Surge, Tiffany Drops on Disappointing Results
Mar 16, 2018 1:08 PM EDT
Adobe Systems reported strong net and revenues. The Buckle net surged but comparable sales in February declined. Hibbett Sports declined on weak forecast. Jabil Inc surged on higher profit and revenues. Tiffany slumped on disappointing fourth-quarter results. >>

Altice to Sell Telecom Towers, Deutsche Bank Net Loss Narrows
Mar 16, 2018 12:35 PM EDT
Altice said it intends to sell its telecom towers in France and Portugal. Deutsche Bank announced a sharp jump in bonuses after net loss narrowed. Fraport revenues soared on higher proceeds from land sales. J D Wetherspoon net income and revenues jumped. >>

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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc