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Company News For Oct 9, 2017

Zacks Equity Research
Is (CONN) Outperforming Other Retail-Wholesale Stocks This Year?
  • Shares of Costco Wholesale Corp. COST dipped almost 6% after its fourth quarter 2017 gross margin declined to 11.3%
  • Omega Protein Corp.’s OME shares increased 32.4% after the company entered into an agreement with Cooke to be acquired by the latter for $22 per share
  • 22nd Century Group Inc.’s XXII shares increased 11.1% after the company announced that its Phase III study on SPECTRUM research cigarettes showed an immediate reduction to low levels of nicotine
  • Shares of Yum China Holdings, Inc. YUMC gained 2.1% after reporting third quarter 2017 revenues of $2038 million, surpassing the Zacks Consensus Estimate of $1995 million 

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