BUZZ — Pernod Ricard shares rally as Q1 sales fall less than feared
* Pernod Ricard shares rise around 3% after the French wine and spirits maker reported Q1 organic sales that beat expectations and reiterated its FY outlook * Q1 organic sales fell 0.9%, ahead of a company-compiled consensus forecast for a 1.7% decline, with reported sales of €2.23 billion ($2.50 billion) * J.P. Morgan