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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT RESULTS

Chevron, Exxon under pressure as falling natural gas prices hit earnings

Company News For Sept 6, 2018

Zacks Equity Research
Updated
Investors need to pay close attention to Hertz Global Holdings (HTZ) stock based on the movements in the options market lately.

  • RH RH shares plunged 13.1% after reporting fiscal second-quarter 2018 adjusted earnings per share of $2.05 per share, beating than the Zacks Consensus Estimate of $1.74

  • Shares of Halliburton Co. HAL plummeted 6% after the company announced that its third-quarter 2018 earnings will be affected by slowing activity in Permian Basin and lack of new contracts in Middle East

  • Nevsun Resources Ltd. NSU shares jumped 17.9% following news that China’s Zijin Mining Group Co. Ltd. will acquire the company for C$1.86 billion or $1.41 billion

  • Shares of Coupa Software Inc. COUP surged 6.8% after reporting fiscal second-quarter 2018 adjusted earnings per share of $0.05 per share, beating than the Zacks Consensus Estimate of a loss of $0.09


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COUPA SOFTWARE (COUP) : Free Stock Analysis Report
 
Nevsun Resources Ltd (NSU) : Free Stock Analysis Report
 
Halliburton Company (HAL) : Free Stock Analysis Report
 
Restoration Hardware Holdings Inc. (RH) : Free Stock Analysis Report
 
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Zacks Investment Research