U.S. Markets closed

Company News for October 8, 2012

Zacks Equity Research

•    Zynga, Inc.’s (NASDAQ:ZNGA) projection of a third-quarter loss owing to soft demand among other factors dragged its shares down 11.9%

•    Wine and spirits distributor Constellation Brands, Inc. (NYSE:STZ) reported quarterly earnings of $0.71 a share, outpacing the Zacks Consensus Estimate of $0.54

•    An announcement by Avon Products, Inc. (NYSE:AVP) that the company’s chairman and former CEO will resign from office at the end of the year helped the company’s shares jump 7.2%

•    Shares of Datalink Corporation (NASDAQ:DTLK) slumped 13.4% after the company slashed third quarter adjusted earnings as well as revenues

Read the analyst report on ZNGA

Read the analyst report on STZ

Read the analyst report on AVP

Read the analyst report on DLTK

Zacks Investment Research

More From Zacks.com