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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, DOWNBEAT GDP

Caterpillar sinks 7% after earnings, management sees weakness in Europe, Asia-Pacific

Company News for Jul 10, 2020

Zacks Equity Research
·1 min read

  • Bed Bath & Beyond Inc.'s BBBY shares plunged 24.5% after the company reported first-quarter fiscal 2020 adjusted loss per share of $1.96, wider-than the Zacks Consensus Estimate of $1.42.

  • Shares of Walgreens Boots Alliance Inc. WBA plummeted 7.8% after posting third-quarter fiscal 2020 adjusted earnings per share of $0.83, missing the Zacks Consensus Estimate of $1.10.

  • Shares of Helen of Troy Ltd. HELE surged 5.1% after the company posted first-quarter fiscal 2020 adjusted earnings per share of $2.53, beating the Zacks Consensus Estimate of $2.53.

  • Wells Fargo & Co.'s WFC shares tumbled 2.1% following news that the company may cut thousands of jobs later this year.


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Zacks Investment Research