Company News for September 23, 2013 - Corporate Summary

By
A A A

•    BlackBerry Ltd (NASDAQ: BBRY ) shares tanked 17.1% after the company announced a projected $1 billion loss in the second quarter. The company also said it will cut 40% of its workforce

•    Shares of Darden Restaurants, Inc. (NYSE: DRI ) were down 7.1% after posting a first-quarter fiscal 2014 earnings from continuing operations of 53 cents per share, lower than the Zacks Consensus Estimate of 69 cents

•    U.S. regulators classified Prudential Financial Inc. (NYSE: PRU ) to be big enough to present systematic risk. Following the development, Prudential shares dropped 0.6%

•    Caterpillar Inc (NYSE: CAT ) shares lost 3.4% after it reported a 10% decline in rolling global sales in the three months through August


BLACKBERRY LTD (BBRY): Free Stock Analysis Report

CATERPILLAR INC (CAT): Free Stock Analysis Report

DARDEN RESTRNT (DRI): Free Stock Analysis Report

PRUDENTIAL FINL (PRU): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Investing Ideas , Stocks

Referenced Stocks: BBRY , CAT , DRI , PRU

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

17,240,263
  • $27.515 ▼ 12.82%
15,371,292
  • $8.2055 ▲ 2.31%
11,539,196
  • $100.16 ▼ 0.37%
9,197,585
  • $15.485 ▲ 0.23%
8,023,698
  • $11.34 ▼ 2.41%
7,193,476
  • $17.64 ▲ 1.03%
6,992,540
  • $5.135 ▲ 12.36%
6,816,921
  • $5.475 ▲ 1.58%
As of 8/20/2014, 10:19 AM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com