Jun 29, 2018 12:58 PM EDT
Constellation Brands lowered fiscal 2019 outlook. Greenbrier reaffirmed fiscal outlook. KB Home reported strong second-quarter results. NIKE reported strong double-digit revenue growth in international markets. SYNNEX net surged.
Jun 29, 2018 11:18 AM EDT
Accor plans to acquire 50% stake in the U.S.-based SBE Entertainment for $319 million. Novartis will spin-off its Alcon eye-care business and plans to buy back $5 billion of its shares. Stagecoach net surged. Serco lowered fiscal 2018 revenues outlook.
Jun 28, 2018 12:34 PM EDT
Accenture beats third-quarter earnings estimates. Bed Bath & Beyond net plunged. Lindsay net declined but revenues surged 12%.Walgreens profit jumped but stock tumbled after Amazon announced to acquire an online drug retail.
Jun 28, 2018 11:40 AM EDT
Hennes & Mauritz reported weaker-than-expected quarterly earnings. John Wood declined on weak outlook. OSRAM Licht tumbled after the company lowered revenues and profit forecast. Sanofi agreed to sell its European generics business Zentiva for about €1.9 billion.
Jun 27, 2018 12:32 PM EDT
Conagra net plunged and agreed to buy Pinnacle Foods for $10.9 billion. General Mills net declined on weak sales. GE plans to spin off its healthcare business to Baker Hughes. Paychex net surged. Sonic beats third-quarter earnings estimates. UniFirst Net Jumped.
Jun 27, 2018 12:27 PM EDT
Bunzl forecasted revenue in the first-half to surge 11%. The European antitrust opened investigation into BASF and Solvay deal. Costa Coffee total sales surged 5.2% but comparable sales dropped 2%. Xaar tumbled on weak outlook.
Jun 26, 2018 1:35 PM EDT
Akamai Technologies lowered revenues forecast. Atlas Air lifted earnings estimate. Carnival reported strong second-quarter results. FactSet Research net soared on 9% jump in revenues. Greystar agreed to acquire EdR for $4.6 billion. Lennar net and revenues surged.
Jun 26, 2018 11:22 AM EDT
Eutelsat plans to bid for the U.K.-based rival Inmarsat. Eurofins Scientific raised fiscal 2018 revenues growth. Elior plunged despite set sales growth and cash flow under new strategic plan up to 2021. IHS Markit reported stronger than expected results after the merger.
Jun 22, 2018 12:40 PM EDT
BlackBerry plunged after net swung to a loss on 9% decline in revenues. CarMax surged after net and revenues soared. Park Electrochemical jumped after net more than doubled. Red Hat tumbled on weak forecast.
Jun 22, 2018 12:06 PM EDT
Airbus warns that it may leave the U.K. if the nation fails to finalize its agreement with the European Union. Unipol Gruppo plans to acquire an additional 5.2% stake to own total of 15% stake in the domestic rival BPER Banca for €118 million.