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Global Market Update

Darden Lifts Growth Outlook; Thor Ind Net Plunges, Red Hat Drops
Sep 20, 2018 12:04 PM EDT
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. >>

Home Builder Kier Report Record Orders, Rocket Internet Swings to Profit
Sep 20, 2018 11:33 AM EDT
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. >>

Copart Takes Hurricane Harvey Hit, EnviroStar Completes Acquisitions
Sep 19, 2018 6:39 AM EDT
A-Mark Precious Metals revenues soared. Copart missed earnings estimates. EnviroStar said it completed acquisitions of Industrial Laundry Services and Scott Equipment. >>

Adecco Issues Weaker Outlook; Kingfisher Net Plunges 29%
Sep 19, 2018 11:40 AM EDT
Adecco said revenues growth in the third-quarter slowed. Babcock International jumped on positive outlook. Kingfisher net tumbled on weak sales. Schaeffler reaffirmed fiscal 2018 outlook. >>

FedEx Lifts Outlook; Oracle Misses Sales Estimates, AutoZone Net Falls
Sep 18, 2018 1:05 PM EDT
AutoZone net declined on weak revenues. Cracker Barrel net and sales jumped. FedEx missed earnings estimates but the delivery company lifted outlook. Oracle net jumped 6% on weak revenues. >>

Clariant, SABIC in Joint Venture, Ocado Q3 Revenues Surges
Sep 18, 2018 11:38 AM EDT
Clariant surged after the Swiss chemical maker signed a partnership agreement with Saudi Basic Industries Corp. Ocado said strong revenues growth in the fiscal third-quarter. Osram Licht soared on improved revenues growth estimate. Norway based Schibsted will spin off its online classified business. >>

Meredith Sells Time Magazine, Kinder Morgan Evaluates Canada Exit
Sep 17, 2018 12:25 PM EDT
Alaska Air said combined passenger traffic in August rose 3.8%. Meredith agreed to sell Time magazine to Salesforce founder Marc Benioff for $190 million. Kinder Morgan hired TD Securities to sell its Trans Mountain pipeline to exit from Canada. >>

Casino Guichard Parent Secured New Loans, CropEnergies Profit Gets Squeezed
Sep 17, 2018 10:25 AM EDT
AlzChem plans to expand production capacity after profit soared 10%. CropEnergies profit declined on lowered ethanol price and higher raw materials and energy costs. Rallye soared after it signed new credit facility of 500 million. H&M AB soared 17%. >>

Adobe Bats Expectations, Sears Slide Continues
Sep 14, 2018 12:10 PM EDT
Adobe reported strong result after cloud revenue soared 21%. Dave & Buster''s Entertainment net surged 11% and the restaurant operator lifted fiscal outlook. Nucor revised earnings outlook higher. >>

Nordea, DNB Sell Luminor Stake, J D Wetherspoon Net Soars
Sep 14, 2018 10:56 AM EDT
Close Brothers plans to sell its retail finance business to Sweden-based Klarna Bank. Investec will spin-off of its Investec Asset Management business. J D Wetherspoon profit soared on higher sales. Nordea and DNB Bank jointly sell its 60% stake in Luminor to Blackstone. >>



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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc