Oct 21, 2016 11:54 AM ET
British American Tobacco offered for the remaining 58% stake in the U.S.-based Reynolds American for £38 billion. Daimler profit surged 13%. Ericsson net and revenues plunged. Shell plans to sell energy assets in western Canada for $1 billion.
Oct 20, 2016 4:17 AM ET
GEA sales fell 0.9% on weak sales in energy industry. Deutsche Lufthansa revenues dropped 2% but the international airline lifted fiscal outlook. London Stock Exchange revenues soared 19%. Nestle sales rose 1%. Publicis revenues slid.
Oct 19, 2016 9:46 PM ET
Akzo Nobel said revenues fell 4% on weak sales. ASML net surged 11% on 17% increase in revenues. Carrefour said sales rose 1%. Metro AG, Germany based retailer offered positive Christmas season sales. Reckitt Benckiser said revenues surged 17%.
Oct 18, 2016 8:50 PM ET
Burberry said total revenues jumped 4% to £1.2 billion. Bureau Veritas sales slumped 3% and verification services provider lowered 2016 operating margin forecast. Remy Cointreau first-half revenues advanced 2.5%. Kuehne und Nagel profit declined 5%. Ryanair lowered net profit forecast.
Oct 17, 2016 9:25 PM ET
Continental agreed to buy Konrad Hornschuch for €400 million. H & M said September rose only 1% after warm weather impacted demand. Pearson said September sales declined 7%. SSE agreed to sell its 16.7% stake in local gas distribution business to Abu Dhabi Investment Authority.
Oct 13, 2016 4:15 AM ET
Fraport said total passenger count in September set a new record of 5.9 million. Jupiter Fund said net inflows for the third-quarter were £789 mn. Suedzucker profit surged and the sugar maker lifted revenues and profit outlook. Unilever sales in third-quarter were nearly flat. WH Smith net soared.
Oct 12, 2016 11:54 AM ET
BASF said sales in the third-quarter declined 20% and operating income tumbled 23%. Domino''s Pizza total sales soared 12% and the pizza chain plans to open more stores. Ericsson said sales and operating income in the third-quarter plunged. Premier Foods sales declined 5%.
Oct 11, 2016 11:36 AM ET
Airbus won an order of 50 helicopters from Poland. Infineon Technologies agreed to buy the Netherland-based chip maker Innoluce. LVMH said revenues jumped 4%. Ted Baker jumped after revenues and profit soared. Victrex said group revenues surged.
Oct 10, 2016 10:31 AM ET
BAE Systems signed ten year extension contracts from Royal Navy. Lafargeholcim agreed to sell its 54.3% stake of Chile-based unit. Swiss Life agreed to buy Mayfair Capital. William Hill and Amaya agreed on merger terms.
Oct 07, 2016 11:00 AM ET
EDF sold $2.66 billion Formosa Bond from twenty investors and €3 billion through a multi-currency senior bond. Delta Lloyd rejected a proposed €2.4 billion takeover bid from the rival NN Group. Vodafone paid €2.74 billion for new spectrum for its 4G services in India.