Texas Instruments is cautious

In the third quarter, ending on September 30, earnings reached 1.57 billion euros, against 1.29 billion a year earlier. Sales went from $ 4.12 billion to $ 4.26 billion.

+++ 19.10.2018 +++

The customer buying atmosphere increases the quarterly revenues of American Express

American Express, the credit card giant, continues to shine thanks to the dynamism of the US economies, a clientele concerned about its expenses and a reduction of taxes. In the third quarter, net profit reached $ 1.7 billion (1.5 billion euros), up 22% year-on-year, the financial group announced Thursday after the US market in New York. Revenues rose 9% to more than $ 10 billion. The results were better than expected.

Initially, the stock gained about 1% after normal hours. Like its competitors Visa and Mastercard, American Express is playing a role in the booming US economy, which is boosting consumer spending. The more you buy with credit cards, the more companies earn in transaction fees.

In addition, the US President Donald Trump 's government tax cuts continue to have a positive impact on balance sheets. At American Express, the effective tax rate for the past quarter has increased from 26% to 22% over the same period last year.

+++ 19.10.2018 +++

Paypal increases profits

The thriving internet business following the expansion of the US economy has allowed the Paypal payment service to be a good business during the summer. In the third quarter, earnings increased 24% year-over-year to $ 694 million (606 million euros), as announced Thursday the former subsidiary of Ebay after the closure of the US market. Revenues rose 14% to $ 3.7 billion.

Paypal payments increased by 24 percent to $ 143 billion. "Paypal had another great quarter," said CEO Dan Schulman, referring to new partnerships with Walmart and American Express. The figures also welcomed investors: the stock initially rose more than 2.5% after normal hours.

+++ 19.10.2018 +++

Hurricane season costs AIG a lot of money

Hurricanes Florence and Michael in the United States and typhoons in Japan are very expensive for US insurers. The Company expects pre-tax costs of $ 1.5 billion to $ 1.7 billion in the third quarter, mainly related to hurricanes. The share of AIG left 3.3% after normal hours. The company wishes to present its results on November 1st.

+++ 19.10.2018 +++

Michelin lowers forecasts

The continental competitor paints a gloomy picture for the tire market due to declining demand for vehicles from China and new emissions regulations in Europe. The French company has lowered its growth forecast for the global car tire market from 1.5% to 0.5% this year. Michelin is even expecting a drop of 1.5% in the truck tire market. Previously, the company was expecting an increase of 0.5%. Sales are expected to slow in the fourth quarter.

+++ 19.10.2018 +++

Philip Morris profits from strong demand for electronic cigarettes

Thanks to the strong demand for e-cigarettes, the tobacco company generated more profits and sales in the third quarter than expected. Per share, the US company gained 1.44 USD after 1.27 USD for the same period last year. Analysts expected earnings per share of $ 1.28. Revenues increased 0.4% to $ 7.5 billion (about 6.5 billion euros).

+++ 19.10.2018 +++

Blackstone exceeds expectations

The largest financial investor in the world saw its economic result rise 11% in the third quarter, to reach 911 million dollars (or 790 million euros). Analysts were expecting a smaller increase.

+++ 19.10.2018 +++

The construction sector puts pressure on the result at Bouygues

The French conglomerate limits its forecasts of results for the whole year. The operating result of the construction sector is expected to decrease due to problems with three projects this year. For the telecom division and the TF1 broadcaster, the group remains firm in its forecasts. At the group level, the conglomerate is expecting a roughly stable operating profit down slightly from 2017.

+++ 19.10.2018 +++

Accor Hotels is confident for the whole year

The largest hotel chain in Europe raises its earnings forecast for the year after a strong third quarter. The company is now expecting an operating profit of 700 to 720 million euros. Previously, the hotel chain cost from 690 to 720 euros. In the third quarter, AccorHotels made more purchases thanks to acquisitions than the previous year. Revenues rose 22.3% to about one billion euros.

+++ 18.10.2018 +++

Special charges hamper Alcoa's balance sheet

The US aluminum group Alcoa closed the third quarter with a loss due to a special item. The net loss was $ 41 million, after a gain of $ 113 million a year earlier.

A $ 160 million expense related to old-age provision had a negative impact. Excluding this, earnings were 63 cents per share, while experts expected 36 cents.

Sales rose 14.4% to $ 3.4 billion. Alcoa's share rose 3% after hours.

+++ 17.10.2018 +++

IBM disappointed by lower sales – share under pressure after the stock market

Weak servers and unfavorable exchange rates put an end to the recovery of veteran IBM computer during the summer quarter. In the three months preceding the end of September, revenues fell by about 2% to $ 18.8 billion (15.6 billion euros), as had been announced Tuesday the IT group after the closure of the US market. Experts expected higher sales.

Investors reacted disappointed, reducing the security by more than 4% after the first trading session. Quarterly profits fell 1% to $ 2.7 billion, but were slightly higher than expected.

In previous quarters, IBM had increased revenue for the first time after years of declining trends. The group has undergone profound changes and is now focusing heavily on new activities such as cloud services, data badysis and artificial intelligence.
In the meantime, the traditional computer hardware segment had evolved even better, but it has barely progressed in the last quarter. IBM also has problems with the strong dollar, which reduces international revenue after conversion into national currency. The American company makes the majority of its sales abroad.

+++ 17.10.2018 +++

Netflix attracts many new customers

Netflix has gained more new customers than the experts predict, which has boosted its inventory. The Internet movie service has announced a 7 million increase in the number of streaming customers in the third quarter after the closing on Tuesday, about 1.8 million more than predicted by badysts. Thus, the American group has 137 million viewers in the world.

Net income was $ 402.8 million, compared with $ 129.6 million a year ago. The turnover was $ 4 billion, according to the expectations of the experts. After office hours, Netflix shares rose 14%.

+++ 17.10.2018 +++

+++ United Continental pleases investors +++

United Continental airline (UAL) looks even more positive for the year, despite rising fuel costs. Adjusted earnings per share (EPS) will range from $ 8.00 to $ 8.75, the company said on Tuesday. Previously, UAL had increased from $ 7.25 to $ 8.75. Investors were enthusiastic, the price of the stock rose in a first reaction up to 5%.

"We are as confident as ever that we will reach our ambitious goals for 2020," said UAL Director Oscar Munoz.

In the third quarter, UAL increased sales by 11.2% to $ 11 billion. In the end, profits rose by almost a third to $ 836 million.

+++ 17.10.2018 +++

Disappointing transactions at FMC and Helios mark Fresenius' full year

Healthcare company Fresenius is skeptical about the year because of the sluggish activities of some of its subsidiaries. Sales growth corrected for currency effects in 2018 is expected to reach only the lower end of the initial range of 5-8%, the company said Tuesday night. Even with the consolidated currency adjusted result, only the lower bound of the initial range of six to nine per cent should be achieved.

Background would be a disappointing venture for the Fresenius Medical Care (FMC) dialysis affiliate and the Helios hospital chain. Here, sales and profits have been below company expectations, it was said. The very good development of the Kabi infusion specialist only partially offset this disadvantage.

FMC, whose shares as well as those of the parent company are listed in the Dax, lowered its targets for the year in a separate statement. As a result, sales growth adjusted for currency effects in 2018 is expected to be only 2-3% due to unexpectedly weak health care operations in North America and challenging economic conditions in some emerging markets.

Until now, the goal was five to seven percent. The growth in net income attributable to shareholders on a comparable basis, adjusted for exchange rates, is now expected to be between eleven and twelve per cent (previously: 13-15).