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May 28- Michael Kors Holdings Ltd forecast first-quarter revenue above analysts' estimates, after reporting a 59 percent jump in fourth-quarter profit due to higher demand for its handbags and watches in North America, its biggest market. Shares of the company, founded by fashion designer Michael Kors, rose about 8 percent in premarket trading.
TOKYO, May 28- Japanese stocks rose for a fifth day on Wednesday as strong U.S. data buoyed market sentiment, but Mitsui Fudosan Co fell on news it would raise as much as $3.6 billion by issuing new shares. The benchmark Nikkei average ended 0.2 percent higher to 14,670.95. Mitsui Fudosan dropped 4.7 percent and was the second-most traded stock by turnover.
*Mitsui Fudosan dives on share issuance news. Real estate developer Mitsui Fudosan Co dived 7 percent and was the most traded stock by turnover on news it would raise as much as $3.6 billion by issuing new shares. Exporters were mixed, with Toyota Motor Corp rising 0.5 percent, while Honda Motor Co fell 1 percent and Nikon Corp dropped 0.7 percent.
LONDON, May 27- Shares in AstraZeneca fell 2.3 percent on Tuesday after U.S. drugmaker Pfizer said it would not make a formal bid to acquire its smaller British rival. Pfizer's decision- announced on Monday during a public holiday- had been widely expected after a rejection by AstraZeneca's board of its final offer of 55 pounds a share.
*Italy's FTSE MIB outperforms as Renzi wins EU vote. *London, New York closed for public holiday. LONDON, May 26- European equities rose on Monday, with Italy's FTSE MIB outperforming the regional stock market after voters endorsed Prime Minister Matteo Renzi's centre-left Democratic Party's reforms in European elections.
HONG KONG, May 26- Hong Kong shares finished flat on Monday, as weakness in energy counters offset strength in Chinese car makers. Leading H-share gainers were Great Wall Motor, which climbed 3.7 percent and Guangzhou Automobile Group, up 3.1 percent. PetroChina shed 0.6 percent after hitting six-month highs last week, while Sinopec Corp was off 1.0 percent.
HONG KONG, May 26- China shares rose on Monday, helped by advances for car makers after President Xi Jinping said developing energy-efficient vehicles is the only way to strengthen the country's auto industry. BYD Co Ltd, the top CSI300 boost, surged the maximum allowed 10 percent in Shenzhen, while SAIC Motor Corp Ltd gained 0.8 percent in Shanghai.
WASHINGTON, May 23- Sales of new U.S. single-family homes rose in April and the stock of houses on the market hit a 3-1/ 2 year high, but economists said the market was still not clearly gaining steam.
May 23- Parsley Energy Inc's shares rose as much as 21.5 percent in their U.S. market debut, valuing the oil and natural gas producer at about $2.51 billion. The company's initial public offering raised $925 million after its upsized offering of 50 million Class A shares was priced $18.50 per share, slightly above the top end of its expected price range of $15- $18.
May 23- Parsley Energy Inc's shares rose as much as 21.5 percent in their U.S. market debut, valuing the oil and natural gas company at about $2.51 billion. The company's initial public offering raised $925 million after its upsized offering of 50 million Class A shares was priced $18.50 per share, slightly above the top end of its expected price range of $15- $18.
May 22- Shares of Chinese e-commerce firm JD.com soared almost 20 percent in their U.S. market debut as investors sought a piece of the country's booming online retail market, auguring well for Alibaba Group Holding Inc's hotly anticipated mega-float later this year.
May 22- Shares of Chinese e-commerce firm JD.com soared almost 20 percent in their market debut as investors sought a piece of China's booming online retail market, auguring well for Alibaba Group's hotly anticipated float later this year.
May 22- Shares of JD.com, China's second-largest e-commerce company after Alibaba Group Holding Ltd, rose as much as 17.2 percent in their market debut on Thursday, valuing the company at about $30.43 billion. JD.com' s offering of American Depositary Shares raised $1.78 billion after being priced at $19 each, above the expected range of $16 to $18.
*First quarter adj profit $0.33/ shr vs est $0.20. May 22- Best Buy Co Inc reported a better-than-expected quarterly profit, showing signs that Chief Executive Hubert Joly's turnaround efforts were progressing and sending the company's shares up as much as 8.5 percent in morning trading.
May 22- ITT Educational Services Inc, a for-profit college operator, withdrew its full-year forecast and estimated a 4 percent fall in new student enrollments in the first quarter, sending its shares down as much as 17 percent.
Shares of the company, which operates Sears department stores and the Kmart discount chain, fell 7 percent in premarket trading. The retailer operated 1,980 Sears and Kmart stores in the United States as of February.
*Sears Canada's shares marginally lower. Sears Canada's shares were little changed, but shares of Sears Holdings Corp, which said last week it was looking to sell its 51 percent stake in Sears Canada, fell as much as 4.7 percent.
May 21- Trina Solar Ltd forecast higher solar panel shipments for the second quarter, helped by improving demand from China, sending its shares up as much as 27 percent in morning trade.
HONG KONG, May 21- China shares rose on Wednesday, led by coal stocks after a news report said the National Development and Reform Commission plans to establish two or three national markets for coal trading. Datong Coal Industry Co climbed 9.9 percent and Houlinghe Opencut Coal Industry Corporation Ltd of Inner Mongolia gained 5.6 percent.
*Lowers top-end of profit outlook to $3.17/ share from $3.19. May 20- TJX Cos Inc, the owner of off-price chains TJ Maxx and Marshalls, cut the top-end of its full-year earnings outlook after reporting lower-than-expected comparable store sales due to weak demand for apparel.