May 16, 2016 9:20 PM ET
Berkshire Hathaway acquired about $1 billion worth shares in Apple. Gannett raised its offer to acquire Tribune Publishing. Pfizer plans to acquire Anacor Pharmaceuticals for about $5.2 billion. Virtusa net jumped 6%.
May 17, 2016 9:15 PM ET
European stock markets erased early gains. U.K. homebuilder Taylor Wimpey surged 4.7% on better than expected dividend payout policy. Vodafone rose 1.5%, after the telecom operator said its European business grew for the first time in six years and increased its dividend payout.
May 13, 2016 12:19 PM ET
European markets rebounded from the earlier losses after the euro zone economic growth was below expectations. Eutelsat plummeted 27% after the satellite operator negatively revised its forecasts due to slow industry growth. Ubisoft, the French video games maker announced an improved outlook.
May 13, 2016 12:15 PM ET
Brookfield Asset Management net tumbled 56% but revenues soared 19%. Dillard''s net declined 29%. J C Penney net loss narrowed. Nordstrom profit plunged 64% and lowered revenue outlook. Luxoft net and revenues surged. NVIDIA net soared 46%. Symantec profit surged.
May 12, 2016 12:09 PM ET
European markets closed lower amid high volatility brought by oil prices and corporate earnings. Dutch insurer Aegon, French lender Credit Agricole and online fashion retailer Zalando reported disappointing first-quarter earnings. Howeverm KBC Group, RWE, and Zurich Insurance exceeded expectations.
May 12, 2016 11:54 AM ET
AerCap net declined 28%. CA net surged 15%. Jack in the Box forecasted positive yearly outlook. Kohl''s net plunged 87%. Prestige Brands net declined 42% but lifted revenue estimate. Ralph Lauren net tumbled 67%. Vista Outdoor net and revenues surged.
May 11, 2016 1:17 PM ET
European stock markets declined on disappointing earnings reports and company news. JCDecaux lowered its second-quarter outlook. Banco Popolare reported first-quarter loss due to loan write-downs. Carlsberg’s revenue declined on weak sales in China. Deutsche Post reported double-digit profit growth.
May 11, 2016 3:39 AM ET
Aramark reaffirmed earnings outlook and said net soared 11%. Disney net rose 2%. Fossil profit tumbled 85% on 9% decline in revenues. Macy''''s lowered earnings forecast. Wendy’s lifted earnings per share estimate.
May 10, 2016 2:42 PM ET
A. M. Castle net loss widened to $36.9 million after sales declined 13%. Echostar profit surged 52%. MBIA net swung to a loss on 26% plunge in revenues. Dean Foods net swung to profit while revenues dropped 8%. Lumber Liquidators net loss widened on 10% drop in revenues.
May 10, 2016 2:39 PM ET
European shares advanced on Tuesday as positive developments in Greece’s debt negotiations and solid corporate earnings reports offset weak economic data. Credit Swiss posted better-than-expected results. Volkswagen is reportedly moving closer to fixing the vehicles related to the emissions scandal.