FedEx, Oracle Net Jump; AutoZone, General Mills Net Decline

AutoZone fourth-quarter net declined 8% to $400 million. Cracker Barrel Old Country Store fourth-quarter net jumped 14% to $61 million. FedEx Corp first-quarter net soared 40% to $835 million. General Mills first-quarter net dropped 3% to $392 mn. Oracle Corp first-quarter net jumped 6% to $2.3 bn.

Clariant, SABIC in Joint Venture, Ocado Q3 Revenues Surges

Clariant surged after the Swiss chemical maker signed a partnership agreement with Saudi Basic Industries Corp. Ocado said strong revenues growth in the fiscal third-quarter. Osram Licht soared on improved revenues growth estimate. Norway based Schibsted will spin off its online classified business.

Nordea, DNB Sell Luminor Stake, J D Wetherspoon Net Soars

Close Brothers plans to sell its retail finance business to Sweden-based Klarna Bank. Investec will spin-off of its Investec Asset Management business. J D Wetherspoon profit soared on higher sales. Nordea and DNB Bank jointly sell its 60% stake in Luminor to Blackstone.