Sep 22, 2017 10:59 AM EDT
Airbus unveiled new finishing center in Tianjin, China. Air Berlin is in advanced talks with Lufthansa and Easyjet. Rio Tinto increased its share repurchase program by $2.5 billion to $4 billion. Smiths Group beats profit estimate. Saga raised interim dividend.
Sep 21, 2017 11:43 AM EDT
Capita tumbled after net declined 52%. CRH agreed to buy the U.S.-based Ash Grove Cement for $3.5 billion. Fortum plans to offer €8 billion to acquire stake in Uniper and split the business. Hochtief is in talk with Spain-based toll-road operator Abertis. Kier net swung to profit.
Sep 20, 2017 10:40 AM EDT
Alten profit surged on three acquisitions in the fiscal 2017. Babcock reaffirmed fiscal 2018 and 2019 outlooks. Zara owner Inditex profit soared but margin dropped. Kingfisher profit declined. Thyssen and Tata agree to merge their European business.
Sep 19, 2017 12:16 PM EDT
Femsa sold its 5.24% stake in Heineken for €2.5 billion. Jimmy Choo shareholders approved $1.2 billion merger with Michael Kors. Ocado revenues soared on 16% growth in average orders per week. Solvay agreed to sell its polyamides business to BASF for €1.6 billion.
Sep 18, 2017 11:42 AM EDT
Dairy Crest said strong demand for its cheese products are expected to lift half-year profit. Hiscox estimated claims of $150 million in Hurricane Harvey. PwC profit fell blamed election and Brexit. Petra Diamonds profit fell but revenues soared.
Sep 15, 2017 11:11 AM EDT
The Dutch government reduced its stake to 56% in ABN AMRO after €1.5 billion offering. Hennes & Mauritz sales jumped driven a surge in summer sale. JD Wetherspoon profit jumped. Angry Birds maker Rovio set the initial public offering price range.
Sep 14, 2017 11:25 AM EDT
Booker sales increased 1.1%. John Lewis tumbled on flat revenues. Morrison profit surged 46% but sales growth was weaker than expectation. Next lifted full-year forecast. Hermes International profit and revenues led by increase in Asia.
Sep 13, 2017 9:29 AM EDT
Balfour Beatty to divest its stake in Blackpool airport. Bayer sells 9.4% stake in plastic materials maker Covestro for €1.2 billion. Dunelm net plunged. Maurel et Prom net loss widened. Just Group net tumbled. Richemont sales soared.
Sep 12, 2017 11:15 AM EDT
Ashtead, the construction equipment provider estimated fleet demand may rise in the U.S. after two hurricanes. Credit Agricole agreed to sell 16% stake in Saudi bank. Hastings ends merger talk with AA. JD Sports beats expectations. Virbac tumbled on weak outlook.
Sep 11, 2017 2:13 AM EDT
AB Food lifted full-year outlook on stronger sales growth at Primark divison. bet-at-home net and revenues surged. L''Oreal sells The Body Shop to Brazil-based Natura Cosmeticos for €1 billion. Munich Re jumped after hurricane Irma weakened after ravaging South Florida.