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Company News For Apr 15, 2019

Zacks Equity Research
While pricing and output gains are likely to fuel Chevron's (CVX) upstream unit in Q1, the downstream segment is expected to feel the heat of weak margins.
  • Anadarko Petroleum Corporation’s APC shares jumped 32% after the company announced that it had entered into an agreement with Chevron Corporation CVX to be acquired by the latter for $33 billion in a cash-and-stock deal
  • The PNC Financial Services Group, Inc.’s PNC shares surged 3.1% after the company reported first quarter 2019 earnings per share of $2.61, surpassing the Zacks Consensus Estimate of $2.59
  • Shares of The Walt Disney Company DIS surged 11.5% after the company announced plans to launch its Disney+ streaming service in November for $6.99 a month
  • Shares of Conduent Incorporated CNDT fell 6% after Icahn Enterprises’ Michael Nevin resigned from the company’s board

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Anadarko Petroleum Corporation (APC) : Free Stock Analysis Report
Conduent Inc. (CNDT) : Free Stock Analysis Report
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