Markets

Company News For Oct 8, 2018

  • Costco Wholesale Corporation's COST declined 5.6% after the company said it expects to report "material weakness in internal control" in its fiscal 2018 10-K annual report
  • Shares of Snap Inc. SNAP fell 0.4% after the company's CEO, Evan Spiegel, in a memo sent to employees, set a profitability goal for the whole of 2019, aiming to reach break-even in fourth-quarter 2018
  • Precision Drilling Corporation's PDS shares slid 2.9% after the company announced that it would merge with Trinidad Drilling that would bring the value of the latter to $1.028 billion
  • Shares of Delphi Technologies PLC DLPH plummeted 12.9% after the company cut its 2018 revenue outlook to be flat with a year ago, compared with the previous guidance of 2% to 4% growth

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Snap Inc. (SNAP): Free Stock Analysis Report

Delphi Technologies PLC (DLPH): Free Stock Analysis Report

Precision Drilling Corporation (PDS): Free Stock Analysis Report

Costco Wholesale Corporation (COST): Free Stock Analysis Report

To read this article on Zacks.com click here.

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.

In This Story

COST PDS SNAP

Other Topics

Investing Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More