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BMW Lowers Outlook on Trump Tariffs, AA Plunges 12%
AA Plc tumbled after profit declined 64%. BMW lowered fiscal revenues and profit forecast and cited global trade tensions and tougher emission tests. FairFX reported better-than-expected results. Mitie plunged on weak outlook.
CarMax, Cintas, KB Home Ease; Nike Trims Expectations on Stronger Dollar
Actuant industrial conglomerate reaffirmed fiscal outlook. AAR government and defense segment sales surged. CarMax beats expectations.Cintas earnings were ahead of expectations. KB Home net soared. Nike said stronger dollar will affect earnings growth.
FactSet Net Rises 16%, Jabil Circuit Net Swings to Loss
Ascena Retail jumped on strong comparable store sales. Ennis net soared 13%. FactSet Research net jumped after revenues increased. Jabil Circuit net swung to a loss.
UK Retailer Next Surges on Improved Forecast, Medios Sales Surge 24%
RAG-Stiftung acquired more shares in its subsidiary Evonik Industries. Medios profit declined but revenues soared. Next Plc lifted profit estimate on the back of rising sales in warmer than usual summer.
Home Builder Kier Report Record Orders, Rocket Internet Swings to Profit
Kier Group reported higher-than-expected revenues. Rio Tinto plans to return $3.2 billion through share through buy back. Rocket Internet swung to profit. Tom Tailor tumbled on profit warning.
Darden Lifts Growth Outlook; Thor Ind Net Plunges, Red Hat Drops
Darden Restaurants net jumped and lifted fiscal outlook. Herman Miller beat earnings estimates. Red Hat net plunged 10% but revenues surged. Thor Industries tumbled on weaker-than-expected results.
Five Below, Palo Alto Soar; GameStop Net Swing to Loss
Barnes & Noble soared as mounting losses lifts of hopes of more changes at the troubled retailer. Five Below reported better-than-expected results. GameStop net swung to a loss. Marvell Technology missed profit estimate. Palo Alto Networks revenues jumped.
Ashmore Assets Surge 26%, Amer Greene King Jumps 7%
Amer Sports plans to sell its cycling and fitness equipment businesses. Ashmore net declined but assets under management surged 26%. Gear4music reported stronger sales in all regions. Greene King comparable sales increased 2.8%.
Safran Advances in Positive Surprise, Wendel Net Plunges
Ambu fell after its lead investor lowered its stake. Safran lifted profit outlook on stronger visibility of orders. Sodexo declined after weak revenue estimate. Wendel profit declined 8%.
Donaldson, Navistar Beat Estimates, Lands End Same Store Sales Worries
Aerovironment surged after net swung to profit. Donaldson net surged 50%. DocuSign plunged after net loss widened. G-III Apparel net swung to profit. Lands'' End tumbled after net loss widened. Navistar reported strong results. Verint Systems net swung to profit.
HD Supply Net Tumbles 70%, Delta Air August Traffic Jumps
Calavo Growers net surged. Caleres net surged. Delta Air Lines said August month global traffic jumped. General Mills reaffirmed fiscal outlook. HD Supply net tumbled 70%. HealthEquity reported upbeat earnings results. RH plunged despite strong results. Workday net loss widened.
Bayer Lowers Forecast, BioMerieux Lifts Outlook
BioMerieux revised fiscal outlook after profit surged 33%. Barratt Developments reported strong performance. Bayer lowered earnings outlook as profit missed estimates on Monsanto deal. Berkeley reaffirmed pretax profit for five-year period to 2021. Barratt profit and sales jumped.
Southwestern Energy to Sell Fayetteville Assets for $1.9 B
Aquestive Therapeutics net loss widened but revenues jumped. Conn''s plunged on weak same store sales volumes. NAPCO Security said profit and revenues soared. Southwestern Energy agreed to sell its Fayetteville Shale exploration assets for $1.9 billion.
Sanofi Wins EU Approval for Nano-body Drug, Bollore Net Soars 25%
Bollore profit surged after strong performance across all logistics segments. Casino Guichard clarified that the latest rating downgrade overlook asset disposal plan. Ontex rejected revised unsolicited and non-binding cash proposal.
Lululemon, Ulta Salon Reported Strong Results, Copper Co Net Drops 15%
Ambarella net surged. Big Lots net declined on flat revenues. The Cooper Co fell after results disappointed traders. Lululemon reported upbeat results. Signet net swung to a loss. Ulta Salon reported better-than-expected results.
