U.S. Markets closed

Company News For Sep 21, 2018

Zacks Equity Research
This consumer discretionary ETF hits a new 52-week high. Are more gains in store for this ETF?
  • Red Hat Inc.’s RHT shares plunged 6.5% after posting fiscal second-quarter 2019 revenues of $822.7 million, missing the Zacks Consensus Estimate of $828 million
  • Shares of Rio Tinto plc RIO climbed 3.8% following news that management will enhance shareholders’ wealth by $3.2 billion this year by utilizing the sale proceeds of its Australian coal assets
  • Under Armour Inc.’s UAA shares soared 6.6% following the announcement that he company will retrench 400 employees as part of a restructuring program
  • Shares of The Walt Disney Co. DIS rose1.7% following the disclosure of its ESPN unit that its newly launched online ESPN streaming service serves over one million paying subscribers 


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
The Walt Disney Company (DIS) : Free Stock Analysis Report
 
Red Hat, Inc. (RHT) : Free Stock Analysis Report
 
Rio Tinto PLC (RIO) : Free Stock Analysis Report
 
Under Armour, Inc. (UAA) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.