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Company News For Oct 5, 2017

Tirthankar Chakraborty
Modine Manufacturing is at a 52-week high, but can investors hope for more gains in the future? We take a look at the fundamentals for MOD for clues.
  • Shares of Pepsico, Inc. PEP gained 0.2% after reporting third quarter 2017 earnings per share of $1.48, surpassing the Zacks Consensus Estimate of $1.43
  • Mattel, Inc.’s MAT shares surged 0.3% after the company announced Joseph Euteneuer as its new Chief Financial Officer
  • Shares of Mylan N.V. MYL rallied 16.2% after the company announced that it had received an approval from Food and Drug Administration for the generic version of multiple sclerosis treatment drug – Copaxone, made by Teva Pharmaceutical Industries Ltd. (TEVA)
  • Office Depot, Inc.’s ODP shares plummeted 17.7% after the company lowered its revenue guidance for 2017 to $400 million — $425 million from $500 million initially


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