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UPDATE 1-Merck KGaA aims for 2016 earnings growth thanks to takeover

2016-03-08 09:27:52| Chemicals - Topix.net

DARMSTADT, Germany, March 8 German drugs and chemicals maker Merck KGaA expects adjusted core earnings to increase more than 10 percent this year, banking that additional profit from a takeover of lab supplies maker Sigma-Aldrich will offset higher expenses for drug development. The group, which is the world's largest maker of liquid crystals for flat screens, said earnings before interest, taxes, depreciation and amortisation , adjusted for one-offs, would show a low double-digit percentage gain.

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UPDATE 3-IBM forecasts weak earnings for 2016; shares slide

2016-01-20 01:32:57| Electronics - Topix.net

Jan 19 International Business Machines Corp reported an 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Armonk, New York-based IBM's revenue fell to $22.06 billion, above analysts' average estimate of $22.02 billion, according to Thomson Reuters I/B/E/S.

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Mid-Afternoon Market Update: FedEx Gains On Earnings Beat; Teekay Shares Tumble

2015-12-18 13:04:14| Air Courier - Topix.net

Toward the end of trading Thursday, the Dow traded down 1.04 percent to 17,565.29 while the NASDAQ dipped 0.89 percent to 5,026.17. The S&P also fell, dropping 1.07 percent to 2,050.86.

Tags: market update beat shares

 

Mid-Afternoon Market Update: Dow Drops 200 Points; Nordstrom Shares Dip On Earnings Miss

2015-11-14 22:33:16| Jewelry - Topix.net

Toward the end of trading Friday, the Dow traded down 1.18 percent to 17,242.95 while the NASDAQ declined 1.44 percent to 4,932.84. The S&P also fell, dropping 1.13 percent to 2,022.77.

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S&P 500 Earnings Update: Will China Materially Impact Q3 2015 Earnings?

2015-10-11 00:47:34| Chemicals - Topix.net

The earnings reports of this past week were not encouraging to say the least. Alcoa , Yum! Brands and Monsanto , all had earnings and revenue impacted by China , or commodity prices , or both .

Tags: china update impact earnings

 

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