U.S. Markets closed

Company News For Feb 13, 2018

Zacks Equity Research
This week was an eventful one with some key developments dominating the headlines and influencing ETFs. Below we discuss some of these events.
  • Shares of Restaurant Brands International Inc. QSR increased 6.1% after posting fourth-quarter adjusted earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.57
  • First Data Corporation’s FDC shares increased 3.1% after reporting fourth quarter revenues of $$1,949 million, surpassing the Zacks Consensus Estimate of $1,930 million
  • Shares of QUALCOMM Incorporated QCOM advanced 2.6% on news that for the first time it will formally meet Broadcom Limited AVGO regarding Broadcom’s $121 billion offer to acquire QUALCOMM
  • CSRA Inc’s CSRA shares jumped 31.1% after the company agreed to be acquired by General Dynamics Corporation GD for $6.8 billion


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
First Data Corporation (FDC) : Free Stock Analysis Report
 
CSRA Inc. (CSRA) : Free Stock Analysis Report
 
QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report
 
General Dynamics Corporation (GD) : Free Stock Analysis Report
 
Broadcom Limited (AVGO) : Free Stock Analysis Report
 
Restaurant Brands International Inc. (QSR) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.