On this episode of Stock Movers:
- Nestle shares surged after it posted a stronger-than-expected increase in quarterly sales and announced plans to slash 16,000 jobs.
- Kering has been downgraded to sell from hold by an analyst at Berenberg amid concerns over demand-side challenges in the luxury sector.
- Nordea Bank shares rose to a record high after the Helsinki-based lender beat on net interest income and announced a spare of share buybacks.

Verizon Earnings Preview; Domino’s Pizza Slides; Qualcomm Gains
04:38

Entain Falls, Sainsbury Drops, Forvia Deal
04:50

Nordex Surges, Sainsbury Drops, Cint Offer
04:21