Company News for September 23, 2013

Zacks

•    BlackBerry Ltd (NASDAQ:BBRY) shares tanked 17.1% after the company announced a projected $1 billion loss in the second quarter. The company also said it will cut 40% of its workforce

•    Shares of Darden Restaurants, Inc. (NYSE:DRI) were down 7.1% after posting a first-quarter fiscal 2014 earnings from continuing operations of 53 cents per share, lower than the Zacks Consensus Estimate of 69 cents

•    U.S. regulators classified Prudential Financial Inc. (NYSE:PRU) to be big enough to present systematic risk. Following the development, Prudential shares dropped 0.6%

•    Caterpillar Inc (NYSE:CAT) shares lost 3.4% after it reported a 10% decline in rolling global sales in the three months through August
Read the analyst report on BBRYRead the analyst report on DRIRead the analyst report on PRURead the analyst report on CATZacks Investment Research

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