Market Roundup

Shares of Archer Daniels Midland Co

rose about 0.1% after the company announced its plans to lower 1,000 jobs. Archer Daniels Midland will cut 3% of the company's work force, to reduce annual expenses by $100 million per year. Shares of Crown Castle International Corp

dropped about 1.2% after the company announced its plans to acquire a portfolio of ground lease-related assets from Wireless Capital Partners LLC for around $180 million in cash. Crown Castle will also assume around $320 million in debt. Shares of PVH Corp

dropped about 0.6% after the company lifted its earnings view for the fourth quarter by $0.05 per share. PVH now projects adjusted earnings of $1.08 to $1.10 per share, up from its earlier view of $1.03 to $1.05 per share. Shares of Delhaize Group

fell about 9.7% after the company announced its plans to lower 5,000 jobs after downbeat Q4 sales. Delhaize will also close 126 underperforming stores in the US. Shares of Shaw Communications Inc

dropped about 0.8% after the company reported a rise in its fiscal first-quarter earnings. Shaw Communications' revenue surged 19% to C$1.28 billion. It reported a 28% rise in earnings excluding non-operating items. The company's free cash flow dropped to C$119 million from C$154 million. Shaw Communications' net income from continuing operations climbed to C$202 million, or 43 Canadian cents per share, versus C$17 million, or 3 Canadian cents per share, in the year-ago period. Excluding items, the company's earnings came in at C$210 million. Analysts were expecting a profit of 47 Canadian cents per share.