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Global Market Update

The EU Clears Dow, Du Pont Merger; G-III Apparel Plunges 13%
Mar 27, 2017 1:01 PM ET
Cal-Maine Foods revenues dropped 32% as egg prices skid. The European Commission approved Dow and Du Pont merger. G-III Apparel lifted first-quarter forecast. Gazit Globe net surged 39%. Zynerba Pharma net loss widened. >>

Ofcom Imposes Record Fine on BT, Indian Parts Maker Buys PKC
Mar 27, 2017 12:22 PM ET
Accor is in talk to acquire Potel & Chabot for 100 million. U.K. regulator imposed largest ever fine on BT for failing to provide broadband services to wholesalers. Exova surged on three proposals. Old Mutual reduced its stake in OM Asset Management. Motherson Sumi buys PKC Group. >>

GameStop, Finish Line Plunge Highlight Retailer Woes; REX Rebounds
Mar 24, 2017 12:32 PM ET
Basic Energy net loss widened after the oil driller emerged from prepackaged bankruptcy. Finish Line net swung to a loss. GameStop plunged after revenues declined. KB Home net jumped 9%. Micron Technology net swung to profit and revenues soared 58%. REX American net surged. >>

Telecom Italia Net Swing to Profit, IG Design Lifts Profit Outlook
Mar 24, 2017 10:42 AM ET
Celyad net loss narrowed after revenues surged. IG Design estimated to achieve record revenues in the year. Smiths Group profit more than doubled. Telecom Italia net swung to profit and the parent Vivendi plans to separate its broadband network. >>

Accenture Rides Cloud Wave, Scholastic Loss Widens
Mar 23, 2017 1:29 PM ET
Accenture net plunged on higher costs but revenues jumped. Conagra Brands net tumbled 12%. Commercial Metals net soared on 8% jump in revenues. Cintas profit rose. Five Below net and revenues soared. PVH net declined 25% on flat revenues. Scholastic net loss widened. >>

Kier New Order Soars, U.K. Retailer Next Offers Cautious Outlook
Mar 23, 2017 12:58 PM ET
BASF agreed to sell its leather chemicals assets to Stahl. IG Group said revenues in the third-quarter fell 4%. Ithaca Energy net loss narrowed. Kier profit surged and infrastructure developer booked new orders worth 9 billion. Next profit and sales jumped. Wendel net loss widened.] >>

With Future in Doubt Sears Plunges 15%, FedEx Net Jumps 11%
Mar 22, 2017 1:06 PM ET
Actuant net in the second-quarter swung to profit and reaffirmed revenues forecast. Bebe stores plans to close all retail stores but continue online operations and avoid bankruptcy filing. FedEx reaffirmed earnings forecast. Perry Ellis net swung to profit. Winnebago net soared. >>

Akzo Rejects Revised PPG Offer, Kingfisher Net Surges
Mar 22, 2017 11:30 AM ET
Akzo Nobel rejected second unsolicited proposal of 22 billion from PPG. Gemalto lowered revenues forecast. Kingfisher profit surged but remained cautious on the outlook for France. STADA said guidance for 2017 remains unchanged. Softcat profit soared as the company expanded its customer base. >>

Lennar Reports Strong Gains in Order Backlog, General Mills Sales Drop
Mar 21, 2017 12:22 PM ET
Beasley Broadcast revenues surged on an acquisition. General Mills lowered sales outlook and said sales suffered in North American retail segment. Lennar reported strong backlog of orders. Lands'' End net loss widened. >>

BMW and Porsche Report Strong Results, Deutsche Wohnen Net Soars
Mar 21, 2017 10:50 AM ET
BMW net jumped 8% and said Brexit plan will determine the future of its operations in the U.K. Coca-Cola European Partners net jumped 7%. Deutsche Wohnen net surged and expects property values to jump in 2017. Fuchs Petrolub net soared. Porsche net swung to profit to 1.4 billion. >>

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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