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Company News For Aug 12, 2019

Zacks Equity Research
  • Uber Technologies Inc.’s UBER shares tumbled 6.8% after the company reported second-quarter 2019 adjusted loss per share of $4.72, wider-than the Zacks Consensus estimate of a loss of $3.33
  • Amgen Inc. AMGN surged 6% after a U.S. judge ruled that patents related to its flagship rheumatoid arthritis drug Enbrel were valid
  • News Corp.’s NWSA shares climbed 5.1% after the company reported fourth quarter of fiscal 2019 adjusted earnings per share of $0.07, surpassing the Zacks Consensus Estimate of $0.02
  • Shares of DXC Technology Co. DXC plunged 30.5% after the company reduced its full-fiscal 2020 adjusted earnings per share guidance to $7-$7.75 from the earlier band of $7.75-$8.50

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