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Company News For Sep 17, 2018

Zacks Equity Research
Jack in the Box's (JACK) increased focus on franchising, menu and delivery innovation bodes well; competition intense and costs high.
  • Adobe Systems Inc. ADBE shares rose 2.3% after reporting fiscal third-quarter 2018 non-GAAP earnings per share of $1.73, beating the Zacks Consensus Estimate of $1.69
  • Shares of L Brands Inc. LB soared 5.6% after announcing that it will stop operating all 23 loss-making Henri Bendel stores
  • NiSource Inc. NI shares plunged 11.7% following severe gas explosions in the pipeline operated by Columbia Gas of Massachusetts, a unit of NiSource
  • Shares of Shire plc. SHPG climbed 2.8% after China gave approval to Japanese pharma giant Takeda Pharmaceutical to acquire Shire for $62 billion


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