Akzo Nobel Plunges, Inditex Up, B&M Cuts
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nippon Paint Holdings and Sherwin-Williams ended their effort to buy Akzo Nobel NV, leaving the Dutch paintmaker to proceed with its planned merger with US firm Axalta Coating Systems Ltd.
- Inditex’s sales growth picked up at the start of its second quarter, boosting confidence in the Zara owner’s resilience in the face of weakening consumer spending.
- B&M European Value Retail Plc decreased its semi-annual final dividend to 6.10 pence per share from the previous final dividend of 9.70 pence per share.
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