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Company News For Jul 16, 2018

Zacks Equity Research
Updated
Lower interest cost coupled with new projects coming online is expected to boost AES Corp.'s (AES) third-quarter earnings.

  • Johnson & Johnson’s JNJ shares declined 1.4% after the company was ordered to pay $4.69 billion in damages to 22 women in a lawsuit linking its baby powder with cancer.

  • Shares of AT&T, Inc. T declined 1.7% after the Justice Department filed an appeal against a ruling approving the purchase of Time Warner

  • Apple Inc.’s AAPL shares increased 0.2% on news that the iPhone maker was planning to launch a $300 million clean energy fund in China

  • Shares of Cisco Systems, Inc. CSCO declined 4.1% on news that Amazon is considering selling its own network switches with built-in connection to Amazon Web Services cloud-computing offering


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