On this episode of Stock Movers:
- Sainsbury's terminated talks to sell its general merchandise unit Argos to JD.com Inc. and blamed the Chinese e-commerce firm for trying to “materially revise” the terms of the deal.
- Orsted plans to sell new shares at 67% below Friday’s close as the offshore wind developer works to rebuild investor confidence after a bet on the US market went wrong.
- Saab falls as much as 4.5% after the Times of India newspaper reported the Indian Air Force has proposed buying 114 “Made in India” Rafale fighter jets in a collaboration with Dassault Aviation. Saab has no information that India has rejected its Gripen fighter jets, the company tells Swedish paper Dagens Industri.

Blue Owl Capital Drops, Bumble Soars, Dollar General Falls as Outlook Disappoints
04:03

Mosaic Rises, United Airlines Drops, Bumble Soars as Upbeat Outlook Spurs Upgrade
02:44

Bumble's New AI Assistant; Dollar General Shares Fall; Petco Surges
05:01