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Company News for September 23, 2013

Zacks Equity Research

•    BlackBerry Ltd (NASDAQ:BBRY) shares tanked 17.1% after the company announced a projected $1 billion loss in the second quarter. The company also said it will cut 40% of its workforce

•    Shares of Darden Restaurants, Inc. (NYSE:DRI) were down 7.1% after posting a first-quarter fiscal 2014 earnings from continuing operations of 53 cents per share, lower than the Zacks Consensus Estimate of 69 cents

•    U.S. regulators classified Prudential Financial Inc. (NYSE:PRU) to be big enough to present systematic risk. Following the development, Prudential shares dropped 0.6%

•    Caterpillar Inc (NYSE:CAT) shares lost 3.4% after it reported a 10% decline in rolling global sales in the three months through August
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