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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Company News for August 08, 2016

Zacks Equity Research
Updated

• Shares of Kraft Heinz Company (KHC) increased 3.8% after announcing second quarter adjusted earnings per share of $0.85, beating the Zacks Consensus Estimate of $0.71 
 

• Cognizant Technology Solutions Corporation’s (CTSH) shares gained 1.6% after posting second quarter adjusted earnings of $0.79 per share, outpacing the Zacks Consensus Estimate of $0.73 
 

• Shares of CenterPoint Energy, Inc. (CNP) declined 3.9% after reporting second-quarter earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.20 
 

• Weyerhaeuser Co’s (WY) shares rose 0.7% after declaring second quarter revenues of $1.655 billion, increasing 23% year-over-year

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