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Company News for August 22, 2016

• Shares of Applied Materials, Inc. ( AMAT ) jumped 7.1% after posting fiscal third quarter earnings of $0.50 per share, beating the Zacks Consensus Estimate by three cents

• Emerson Electric Co's ( EMR ) shares slumped 3.1% after the company agreed to acquire Pentair Valves & Controls, a business unit of Pentair plc ( PNR ) for $3.15 billion in cash

• Shares of Gap, Inc. ( GPS ) increased 3.9% after announcing fiscal second quarter adjusted earnings per share of $0.60, outpacing the Zacks Consensus Estimate by a cent

• Ross Stores Inc's ( ROST ) shares rose 3.5% after reporting fiscal second quarter earnings per share of $0.71, higher than the Zacks Consensus Estimate of $0.67

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APPLD MATLS INC (AMAT): Free Stock Analysis Report

EMERSON ELEC CO (EMR): Free Stock Analysis Report

PENTAIR PLC (PNR): Free Stock Analysis Report

GAP INC (GPS): Free Stock Analysis Report

ROSS STORES (ROST): Free Stock Analysis Report

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


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

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