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Inditex Misses Estimates, Rolls Royce Soars 5% on Forecast
Dixons Carphone net swung to a loss on weak revenues. Marshalls said revenues surged 14% and the company agreed to acquire concrete brick maker Edenhall. Inditex missed earnings estimates. Rolls-Royce soared on strong operating profit forecasted.
Ascena Retail, DSW Surge on Outlook, Casey's Gen Reported Strong Results
Ascena Retail net plunged on flat revenues. American Water Works reaffirmed fiscal 2018 forecast. Casey''s General reported better-than-expected results. DSW net plunged but lifted fiscal outlook. Enbridge reaffirmed fiscal outlook. Synnex revised fiscal outlook higher.
Travelport Agrees to $4.4 B Deal, Tivity to Buy Nutrisystem
Mitek Systems received revised higher offer from ASG Technologies. Travelport agreed to be acquired for $4.4 billion. Tivity Health agreed to acquire Nutrisystem for $1.4 billion.
Air France KLM November Traffic Jumps, BASF Lowers Profit Outlook
Air France KLM said passenger count in November jumped 3.3%. AF AB agreed to acquire Finland-based rival Poyry Plc. BASF reduced its profit outlook. Interserve plunged 51%. Perstorp agreed to sell its adhesive division to the U.S.-based Ingevity Corp.
Paychex to Buy Oasis Outsourcing, CenterState to Acquire National Commerce
CenterState Bank agreed to buy National Commerce. Paychex agreed to buy rival Oasis Outsourcing Acquisition for $1.2 billion. United Technologies received Chinese regulatory approval for $30 billion deal with Rockwell Collins.
DNO Makes Direct Offer to DNO Shareholders, Logitech Ends Plantronics Talks
Aryzta surged on the improved outlook. Datagroup reported better-than-expected results. Faroe Petroleum surged on hostile bid from the Norway-based DNO. Logitech terminated acquisition talk with the U.S.-based Plantronics.
Virgin Atlantic May Acquire Flybe, GEA Lowers Outlook
Ibstock divested the U.S.-based business and reaffirmed fiscal forecast. Flybe approaches Virgin Atlantic for a possible sale. GEA Group tumbled after the food processor lowered fiscal outlook. Rotork third-quarter revenues soared. Saint-Gobain sells its China business.
Centrica Struggles with Customer Loss, Price Caps; Mitchells & B Net Jumps
Befesa profit surged. Centrica declined after the utility lost home energy customers and cap on energy prices. Severn Trent reported nearly flat earnings. Mitchells & Butlers said net soared 65%. United Utilities reported upbeat first-half results.
Deere & Co Sales Jump, Gap to Close Stores with Lagging Sales
Autodesk reported better-than-expected results. Copart reported strong first-quarter results. Deere & Co net and revenues jumped. Foot Locker upbeat earnings lifts stock. The Gap net soared.
Compass Group Optimism Lifts Stock, Wirecard Falls on Weak Guidance
AVEVA first-half revenues surged after strong demand in industrial software. Compass reported better-than-expected results. Dermapharm net fell but forecasted improved fiscal revenues. EasyJet profit surged 41%. Wirecard plummeted on lower profit guidance.
Best Buy Reported Strong Results; Target, TJX and Ross Drop
Analog Devices beat earnings results. Best Buy reported better-than-expected results. Campbell Soup quarterly profit beats estimates. Kohl''s net surged and retailer lifted earnings per share forecast. TJX fell despite strong results. Target missed earnings estimates.
Airbus Wins Telecom Satellite Contract; Ineos to Buy North Sea Oil Field
Babcock rejected the recent media report of half-year write-down. easyJet jumped ahead of its scheduled earnings release on November 20. Airbus wins contract for two satellites from Eutelsat.
Colfax to Buy DJO Global, Cimarex to Buy Resolute Energy
Blommer Chocolate agreed to be acquired by Fuji Oil Holdings. Colfax Corp agreed to buy DJO Global for $3.15 billion. Cimarex Energy plans to acquire Resolute Energy for $1.6 billion. QEP Resources agreed to sell its oil and gas assets in Louisiana.
Vivendi Beats Revenue Estimates, NKT Tumbles on Weak profit
Intermediate Capital said assets under management in the first-half jumped 23%. Ineos Enterprises agreed to acquire composites business of the U.S.-based Ashland Global Holdings. Denmark-based NKT tumbled on lowered operating profit. Vivendi beats revenues estimates.
Nvidia Plunges on Lower Sales; Nordstrom Tumbles on Weak Revenues
Applied Materials declined on weak outlook. Helmerich & Payne beats earnings estimates. Nvidia plunged after the chip maker missed revenues estimates. Nordstrom plunged after net tumbled on weak sales.
P&G Jumps on Profit Surprise, American Express Lifts Growth Outlook
American Express lifted revenue growth estimate. AIG revised higher global catastrophe losses. Honeywell lowered fiscal outlook. Procter & Gamble reported strong first-quarter results. PayPal net soared on 14% jump in revenues. VF Corp lifted fiscal outlook.
Bouygues Faces Delays, Litigation Storm; Remy Cointreau Positive on China
Bouygues tumbled on weak profit estimates. Michelin plunged despite strong sales growth. Remy Cointreau reaffirmed sales growth in China. Volvo reported strong results despite deliveries in bus segment declined.
Carrefour, Novartis, Nestle, SAP Earnings Show Economic Strength in Europe
Carrefour sales in the third-quarter jumped. Ericsson net swung to profit. Kuehne + Nagel net benefits from the worldwide logistics boom. Nestle reaffirmed sales growth forecast. Novartis profit doubled and agreed to acquire Endocyte. SAP lifted fiscal outlook.
Blackstone, Genuine Parts, Nucor, Philip Morris, Travelers Shine with Earnings
Alcoa swung to profitability supported by tariffs. The Blackstone revenues soared 11%. Genuine Parts lifted fiscal outlook. Philip Morris beat earnings estimates. Travelers Co reported strong results.
