Sep 29, 2017 12:27 PM EDT
Aviva sell its stake in Italy-based subsidiary Avipop Assicurazioni to Banco BPM. Bayer reduced its stake in Covestro. Carillion tumbled after it lowered its fiscal revenue forecast. Volkswagen booked 2.5 billion charges from diesel scandal.
Sep 28, 2017 11:40 AM EDT
Borussia Dortmund net tumbled 72%. H & M profit dropped on summer discount and the retailer missed sales estimate. Imperial Brands estimated strong growth in revenues and profit in the year. TUI reaffirmed fiscal 2017 outlook. SSP said revenues in the fourth-quarter soared 15%.
Sep 27, 2017 4:16 AM EDT
Boohoo.Com profit surged but the increase failed to meet analysts expectations. Alstom and Siemens agreed to combine their rail businesses. The European Commission fined Scania for about 880 million.
Sep 26, 2017 12:13 PM EDT
AA profit surged 46% but lowered fiscal profit forecast. A.G. Barr net slumped 6% but revenues jumped 9%. Close Brothers declined on weak profit. Carnival net declined and lowered earnings outlook. Nestle reveals profit target and accelerate $20.65 billion in share buybacks.
Sep 25, 2017 11:53 AM EDT
ABB agreed to buy GE solutions unit for $2.6 billion. Aldi reported record sales and continues to open new stores. Imagination Technologies agreed to be acquired for £550 million. Nets received 5.3 billion bid from Hellman & Friedman. Unilever buys Carver Korea in 2.27 billion.
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.