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America Market Update

Deutsche Bank to Eliminate 7,000 Jobs, Deutsche Telekom Net Soared
May 24, 2018 11:33 AM EDT
Swiss bakery products maker Aryzta tumbled after the company lowered its outlook and operating margins. Deutsche Bank plan to eliminate equities 7,000 jobs and lower its risk capital. Deutsche Telekom profit surged but revenues declined. >>

Hewlett Packard Revises Outlook; Intuit and Ralph Lauren Advance
May 23, 2018 12:28 PM EDT
Hewlett Packard reported strong second-quarter results. Intuit earnings beat estimates. Tiffany reported better-than-expected first-quarter results. Target declined after first-quarter earnings missed expectations. Urban Outfitters net surged 245%. >>

Marks & Spencer to Close More Stores, Julius Baer Asset Flows Pick Up
May 23, 2018 11:56 AM EDT
CTS Eventim revenues advance on rising ticketing activities. Julius Baer said asset under management advanced strong inflows in Europe. Marks & Spencer profit tumbled on weak revenues. Vapiano said net loss in the quarter narrowed. >>

TJX Estimates 20% Jump in Earnings, Toll Brothers Home Deliveries Soar
May 22, 2018 12:33 PM EDT
Advance Auto Parts net soared but sales fell. AutoZone earnings beat estimates. Cracker Barrel profit and revenues jumped. Dycom tumbled on lowered outlook. Kohl`s traded lower. TJX estimated 2019 earnings to jump 20%. Toll Brothers net surged. >>

Big Yellow Net Surges; Evotec and Celgene in Oncology Partnership
May 22, 2018 11:39 AM EDT
Big Yellow net surged. Evotec and Celgene signed strategic oncology partnership. Greencore reported strong revenues growth. HomeServe profit soared after the U.S. customer count jumped 20%. >>

GE to Merge Engine Unit with Wabtec, Fifth Third Buys MB Financial
May 21, 2018 1:21 PM EDT
Blackstone agreed to acquire LaSalle Hotel $4.8 billion. Fifth Third Bancorp agreed to buy MB Financial in $4.7 billion. GE will merge its transportation business with Wabtec for $11 billion. Micron Technology lifted third-quarter revenues and profit forecast. >>

British Air Parent Pursues Norwegian Shuttle, Ryanair Lowers Profit Estimate
May 21, 2018 10:54 AM EDT
EDF is reported to be in talks to sell its 49% stake in the U.K.-based wind farms business. The U.K. competition regulator plans to investigate the proposed merger of two retailers Sainsbury and Asda. Ryanair warned fiscal 2019 profit is likely to be affected by higher energy prices. >>

PayPal Buys Swiss-based iZettle, Deere to Lift Prices and Posted Mixed Results
May 18, 2018 12:35 PM EDT
Campbell tumbled on weak outlook. Deere & Co profit jumped. Flowers Foods net declined but reaffirmed fiscal outlook. PayPal agreed to buy Sweden-based rival iZettle for $2.2 billion. >>

Crestor Sales Drop Dampens AstraZeneca, Richemont Growth Anchored in China
May 18, 2018 11:01 AM EDT
AstraZeneca profit declined after Crestor sales decline in Europe and Japan affected results. Lloyds agreed to sell its Ireland-based residential mortgage business to Barclays for 4 billion. Richemont sales rose on the strength in Greater China and Korea. >>

Walmart Online Sales Soar but Net Income Tumbles, Cisco Earnings Jump 7%
May 17, 2018 12:38 PM EDT
Cisco reported better-than-expected results. Children''s Place declined after profit plunged. Dillard''s profit and revenues beat estimates. JC Penney tumbled despite net loss narrowed. Walmart online sales surge and sales international markets advances. >>

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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