Jun 23, 2016 12:57 PM ET
DS Smith profit soared 7% to £167 million. James Latham profit surged 35% on 6% increase of revenues. Tesco said group comparable sales in the first-quarter rose 0.9%. Weir divested its two renewable-focused units under £100 million asset-disposal program.
Jun 24, 2016 12:31 PM ET
American Software net soared 32%. Finish Line net plunged 30% and lifted comparable store sales outlook. Synnex net slumped 15% but revenues 4%. Sonic profit declined 25%.
Jun 22, 2016 12:43 PM ET
Actuant net plunged 44%. Adobe Systems net surged 66% on 20% jump in revenues. FedEx net loss narrowed and revenues soared 7%. KB Home net and revenues surged. SiteOne Landscape net loss narrowed. Tesla offered to buy SolarCity for $2.8 billion.
Jun 22, 2016 11:56 AM ET
European markets soared more than 1% and extended weekly gains and banks led the gainers. Spain-based Merlin agreed to merge with Metrovacesa and for the largest real estate group in the country. Debenhams estimated gross margin in the year to be flat.
Jun 21, 2016 4:31 PM ET
Boeing signed an agreement with Iran Air to sell its jetliner aircrafts. GE plans to sell its remaining stake of 20% in Hyundai Capital. CarMax net declined 4%. Impax Labs intends to acquire generic drugs business from Teva Pharma and Allergan. Lennar profit surged 19%.
Jun 21, 2016 11:56 AM ET
Altice completed the purchase of Cablevision Systems. Kion agreed to acquire the U.S.-based privately held Dematic for $3.25 billion. Petrofac said profit in the first-half is in-line with the previous estimate. Chemring net loss widened. Tele2 plans to buy domestic subsidiary of rival TDC Sweden.
Jun 20, 2016 2:34 PM ET
Elliott Management and Francisco Partners are in preliminary talks with Dell to buy software division for more than $2 billion. Federal-Mogul received revised offer from Icahn Entp for minority stake. Marathon Oil agreed to acquire PayRock for $888 million. Twitter agreed to buy Magic Pony.
Jun 20, 2016 11:54 AM ET
European markets soared more than 3% after Brexit worries eased. Gamesa and Siemens agreed to merge their wind power businesses. Majestic Wine profit tumbled 83% and lifted sales outlook. Palfinger plans to acquire Norway-based TTS Group.
Jun 17, 2016 12:29 PM ET
European markets rebounded after Brexit worries eased. HSBC Holdings agreed to settle 14-year old shareholder lawsuit for $1.58 bilion. JD Sports forecasted optimistic outlook. Tesco agreed to sell Dobbies Garden Centers for £217 million. UBM completed the sale of its PR Newswire unit.
Jun 17, 2016 12:18 PM ET
Finisar net jumped 80%. Oracle net rose 2% but revenues fell 1%. Revlon agreed to acquire Elizabeth Arden for $870 million. Smith & Wesson net and revenues surged. Viacom estimated profit in third-quarter to decline 25%.