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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 May 16, 2019

Zacks Equity Research

  • Macy's, Inc.’s M shares declined 0.5% after the company reported first quarter 2019 earnings per share of $0.44, lower than $2.73 a share in the previous quarter

  • Alibaba Group Holding Limited’s BABA shares gained 1.6% after the company reported fiscal fourth quarter 2019 earnings per share of $1.28, higher than the Zacks Consensus Estimate of $1.05

  • Shares of Tilray, Inc. TLRY gained 0.3% after the company reported first quarter 2019 revenues of $23 million, higher than the Zacks Consensus Estimate of $21 million

  • Shares of Xilinx, Inc. XLNX gained 1.5% after the company reported fiscal fourth quarter 2019 revenues of $828 million, higher than the Zacks Consensus Estimate of $819 million


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