Next Jumps, Glencore Rallies, Heineken Rises
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Next shares jumped as much as 7.1% after the British fashion and homewares retailer raised its outlook for the third time this fiscal year, following a surge in sales in the second quarter due to warm UK weather and pent-up demand in the Middle East and northern Europe.
- Glencore shares rallied as much as 5.4%, the most in six months, fter the miner reported first-half adjusted Ebitda that beat analyst expectations due to a surge in the price of its most important commodities.
- Heineken shares rise as much as 2.6% after its volumes unexpectedly grew in the second quarter as strong beer demand in Asia and Africa offset persistent weakness in Europe and the Americas.
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