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Company News For January 14, 2019

Zacks Equity Research
  • General Motors Company’s GM shares rallied 7.1% after the company provided a healthy outlook for 2019 and stated that it expects adjusted EPS for 2019 to the in the range of $6.50 and $7.00
  • Archer-Daniels-Midland Company’s ADM shares declined 0.5% after it purchased the Florida Chemical Co. unit of Flotek Industries FTK for $175 million in cash
  • Shares of SYNNEX Corporation SNX rallied 12.3% after the company reported fiscal fourth quarter earnings per share of $3.65, surpassing the Zacks Consensus Estimate of $3.25
  • Shares of PVH Corp. PVH surged 6.9% after the company raised its fiscal fourth quarter adjusted EPS guidance by $0.15 to $1.75 a share

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