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Company News For Aug 13, 2019

Zacks Equity Research
  • The Kraft Heinz Co. KHC shares dropped 0.8% after Fitch Ratings warned the company to downgrade its credit rating to junk status
  • Sysco Corp. SYY climbed  3.1% after reporting fourth-quarter fiscal 2019 adjusted earnings per share of $1.10, surpassing the Zacks Consensus Estimate of $1.07
  • Viacom Inc.’s VIAB shares plummeted 4.9% following news that its proposed all-stock merger deal with CBS Corp. CBS will not provide any premium to the company’s current stock price
  • Shares of Cloudera Inc. CLDR plunged 4.4% after the company entered into an agreement with activist investor Carl Icahn to provide two seats to his employees in Cloudera’s broad of directors

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CBS Corporation (CBS) : Free Stock Analysis Report
Viacom Inc. (VIAB) : Free Stock Analysis Report
Sysco Corporation (SYY) : Free Stock Analysis Report
The Kraft Heinz Company (KHC) : Free Stock Analysis Report
Cloudera, Inc. (CLDR) : Free Stock Analysis Report
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