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GE Sells $1 B Energy Portfolio, Village Super Market Net Declines
GE agreed to sell its Energy Financial Services business to Apollo Global Management. Hyatt Hotels agreed to acquire Two Roads Hospitality for $480 million. Trilogy Metals fell after net loss widened. Village Super Market net declined after weak sale growth.
Lloyds, Schroders in Wealth Partnership Talks;Total, Saudi in Development Deal
Acacia Mining jumped after the gold miner reported strong production and lifted fiscal forecast. Schroders confirmed that it is in talk with Lloyds Banking to work together in wealth sector.
Costco Comparable Store Sales Surge, Pier 1 Net Loss Widens
Costco Wholesale net jumped 9% on strong revenues. LeMaitre Vascular net declined on lowered fiscal outlook. Pier 1 Imports net loss widened. SMART Global reported better-than-expected results.
Publicis Acquires Czech-based Kindred, Ted Baker Plunges on Fraser Woes
BTG soared on the upbeat fiscal forecast. Electrocomponents jumped on improved pretax profit estimates. EasyJet passenger traffic in September surged. Ted Baker plunged on weaker-than-expected results and weak forecast.
HP Jumps on Positive Outlook, Constellation Brands Beats Estimates
Constellation Brands beats earnings estimates. HP issued positive earnings outlook. International Speedway tumbled on lowered fiscal outlook. Synnex net declined 8%.
Lennar Home Order Backlog Surges, RPM International Net Plunges 40%
Acuity Brands net surged 20%. Lennar met earnings estimates. Landec reaffirmed fiscal 2019 outlook. RPM International revenues jumped 9%.
PepsiCo Sales Rise 1.5%; Paychex Reaffirms Outlook
Emerson Electric agreed to acquire a unit of General Electric. Lamb Weston net surged 29% on 12% jump in revenues. PepsiCo net jumped 16%. Paychex forecasted rising revenues in key segments.
Royal Mail Issues Profit Warning, Ferguson Declines on Weak Revenue Growth
DX Group jumped after net loss narrowed. Ferguson declined on weak revenue growth. Royal Mail plunged on profit warnings. Veolia Environnement agreed to sell its 30% stake in Transdev.
Saab, Boeing Win $9 B U.S. Air Force Contract; Serco Rides on Positive Outlook
Kaufman declined ahead of its third-quarter earnings results. Serco surged after better-than-expected profit forecast. Saab and Boeing won $9.2 billion contract from the U.S. Air Force. SMA Solar Technology plunged 9% after solar equipment supplier lowered outlook.
BlackBerry Surges on Strong Profits, Carnival Beats Estimates
Aceto net swung to a loss. Applied Optoelectronics lowered fiscal outlook. BlackBerry surged after profit than doubled. Bassett Furniture net fell. Carnival beats earnings estimates. Progress Software net soared 49%. Vail Resorts net loss widened.
H&M Profit Tumbles, 888 Holdings Net Swings to Profit
888 Holdings net swung to profit. CVS Group net declined despite revenues surged 20%. Hella GmbH reported strong results. The fashion retailer H&M profit tumbled on extraordinary costs of major shifting. Saga profit increased on strong travel business.
Bed Bath & Beyond Tumbles 22%, Intuit Reaffirms Outlook
Bed Bath & Beyond net declined on higher expenses. Conagra plunged on weak revenues. H.B. Fuller lowered fiscal outlook. Intuit reaffirmed fiscal estimates. McCormick net jumped. Rite Aid net swung to a loss but reaffirmed fiscal outlook.
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.
