Market Roundup

Shares of G-III Apparel Group Ltd GIII fell about 0.4% as the company is all set to report its quarterly results after the closing bell. Analysts expect G-III Apparel to report its Q1 EPS of $0.04 on revenue of $195.36 million. Shares of Lowe's Companies Inc LOW dropped about 1.45% after analysts at JP Morgan downgraded Lowe's from “overweight” to “neutral.” The Australian government named Chris Jordan as the taxation board's chairman, Keith James as deputy chairman and Teresa Dyson as a member. Shares of Honeywell International Inc HON declined about 0.4% after the company reported that its has received a five-year contract with NASA's Safety Center (NSC) worth $96 million for providing safety and mission-assurance services across the agency's centers and suppliers. Diageo Plc DEO reported that its subsidiary East African Breweries Ltd has agreed to acquire a 20% stake in its Kenyan unit from SABMiller's SBMRF Africa unit for 19.53 billion shillings ($225 million). In late 2010, EABL bought a 51% stake in another Tanzanian brewer, Serengeti Breweries Ltd, for $60.4 million. Read more from Benzinga's Markets.