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Company News For Oct 1, 2019

Zacks Equity Research
  • The Blackstone Group Inc.’s BX shares tumbled 2.8% after itsaffiliate Blackstone Real Estate Partners IX decided to acquire Colony Industrial for $5.9 billion.
  • Thor Industries Inc. THO climbed 7.7% after posting fiscal fourth quarter 2019 adjusted earnings per share of $1.70, beating the Zacks Consensus Estimate of $1.48.
  • Seattle Genetics Inc. SGEN shares jumped 9.4% following positive trial results for its drugtucatinib, in treating metastatic colorectal cancer.
  • Shares of Xcel Energy Inc. XEL dropped 0.5% after regulators disapproved its subsidiary’s decision to takeover Mankato Energy Center.

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