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Company News for Dec 21, 2022

Zacks Equity Research
·1 min read

  • Shares of HEICO Corp. HEI surged 2.6% after the company reported fourth-quarter fiscal 2022 revenues of $609.64 million, surpassing the Zacks Consensus Estimate by 2.16%.

  • Shares of General Mills Inc. GIS tumbled 4.6% after the company’s high-margin pet business took a hit in second-quarter fiscal 2023.  

  • FactSet Research Systems Inc.’s FDS shares slid 5.4% after the company posted first-quarter fiscal 2023 revenues of $504.82 million, missing the Zacks Consensus Estimate by 1.19%.

  • Wells Fargo & Co.’s WFC shares tanked 2% after U.S. regulators fined the company $3.7 billion on gross violation of auto loans, mortgages and deposit accounts transactions.

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