Bayer forecasted sales growth in fiscal 2022. BT will remove equipment of Huawei from its 4G network within two years. DS Smith profit jumped and plans sale of plastics unit. Latecoere tumbled after weak fiscal 2019 outlook. Vonovia reported better-than-expected results.
Argan third-quarter net surged 88% to $32 million. Children's Place third-quarter jumped 13% to $50 million. G-III Apparel third-quarter net surged 15% to $94 million. H&R Block second-quarter net loss widened to $171 million. The Kroger third-quarter net plunged 20% to $317 million.
Daimler plans to increase its stake in China-based BAIC. Rolls-Royce said it will use technology of the U.S.-based Uptake. Stagecoach net swung to loss after non-cash goodwill impairment charge of £85 million. Takeda win shareholders approval for $62 billion deal for Shire Plc.