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.

Nvidia Drops, Intuit Slumps, J M Smucker Rises on Positive Full Year Outlook
03:52

Intuit Lower; Abercrombie & Fitch and JM Smucker Outlooks
04:03

Nvidia and Salesforce Report; Intuit Slumps
04:41