Oct 17, 2017 11:34 AM EDT
Airbus agreed to buy a majority stake in CSeries passenger jetliner of Canada-based Bombardier. Merlin shares tumbled on profit warning. Pearson jumped on improved profit forecast. Remy Cointreau said sales advanced 6%. Sartorius lowered group revenues forecast.
Oct 16, 2017 10:53 AM EDT
EasyJet may acquire parts of Air Berlin operations at Tegel Airport. ConvaTec tumbled after it lowered revenues estimates linked to supply issues. Husqvarna declined after weak sales in its consumer brands division. Saint Gobain completed acquisition Norwegian rival.
Oct 12, 2017 12:08 PM EDT
Accor agreed to acquire Australia-based rival Mantra for €0.9 billion. U.K. regualtor provisionally approved Hungryhouse acquisition by Just Eat. Deutsche Lufthansa agreed to acquire most of the assets of the insolvent carrier Air Berlin. Sky reported better-than-expected first quarter results.
Oct 11, 2017 11:22 AM EDT
Christian Dior reported strong segment revenues. Dunelm said online sales soared but margins dropped. Gerresheimer profit plunged but margin jumped. Hargreaves Lansdown reported growth in assets and clients. Packaging groups Mondi said net loss narrowed.
Oct 10, 2017 12:28 PM EDT
BAE Systems said it plans to reduce more than estimated 1,900 Jobs. Domino''s Pizza surged on strong third-quarter sales. Easyhotel revenues surged 39%. Givaudan revenues jumped 4%. LVMH beats estimate. Nisa agreed to be acquired by Co-op Group.
Oct 09, 2017 10:06 AM EDT
Accor offered to acquire Australia-based rival Mantra. Air Berlin may be forced to ground all flights by October if its current negotiation with EasyJet fails. Bpost agreed to buy the U.S.-based Radial for $820 million. Millennium & Copthorne Hotels received bid of £1.8 billion.
Oct 06, 2017 11:05 AM EDT
Amadeus and Air Canada sign technology agreement. CRH agreed to acquire the U.S. based Ash Grove Cement for $3.8 billion. EasyJet forecasted upbeat profit on record summer passengers. Glencore agreed to buy Chevron units in South Africa and Botswana for $973 million.
Oct 05, 2017 10:10 AM EDT
Accor agreed to acquire 50% stake in the Orient Express. DFS Furniture net plummeted. Deutz acquired Italy-based dealer IML Motori. EasyJet passenger traffic in September jumped 11%. Siemens completed the sale of 17% stake in Osram Licht for €1.2 billion.
Oct 04, 2017 12:00 PM EDT
BMW September sales in the U.S. edged lower but electric vehicles sales soared. Royal Dutch Shell agreed to cancel $900 million stake sale in a Thai gas field. Tesco plans to resume dividend after three years. Worldline revised revenue forecast up to 2019 and agreed to buy India-based MRL PosNet.
Oct 03, 2017 12:22 PM EDT
Electrocomponents lifted annual profit estimate. Greggs, the bakery chain said third-quarter sales jumped 9%. Ferguson declared share buyback of £500 million. Ryanair passenger traffic in September soared 10%. St Ives said net loss in the year widened.