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MARKETS LIVE BLOG:

TECH DRAGS STOCKS LOWER AS RALLY HITS PAUSE

Fed's Collins warns interest rates will likely stay higher for longer

Company News for Apr 23, 2020

Zacks Equity Research

  • Shares of Xilinx, Inc. XLNX surged 5% after the company reported fiscal Q4 2020 earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.76.

  • Shares of Alcoa Corporation AA soared 3.1% after the company reported revenues of $2.38 billion for the quarter ended March 2020, outpacing the Zacks Consensus Estimate by 4.12%.

  • Shares of Las Vegas Sands Corp. LVS gained 0.8% after the company posted revenues of $1.78 billion for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 13.5%.

  • Shares of CVB Financial Corp. CVBF lost 1.3% after the company’s first-quarter 2020 earnings of $0.27 per share missed the Zacks Consensus Estimate of $0.31.


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Zacks Investment Research