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Company News For Jan 23, 2019

Zacks Equity Research
  • Johnson & Johnson JNJ shares declined 1.5% after the company declared that its 2019 adjusted earnings per share will be in the range of $8.5 - $8.65, missing the Zacks Consensus Estimate of $8.65
  • Shares of Arconic Inc. ARNC plunged 16% after it revealed it was no longer interested in being acquired since it has failed to receive any proposal for a complete buyout
  • Stanley Black & Decker Inc. SWK shares plummeted 15.5% after the company declared that its 2019 adjusted earnings per share will be in the range of $8.45 - $8.65, missing the Zacks Consensus Estimate of $8.84
  • Shares of Bunge Ltd. BG dropped 2.2% after the company reported fourth quarter 2018 revenues of $11.41 billion, lagging the Zacks Consensus Estimate of $11.82 billion


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