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Company News For Sep 21, 2018

  • Red Hat Inc.'s RHT shares plunged 6.5% after posting fiscal second-quarter 2019 revenues of $822.7 million, missing the Zacks Consensus Estimate of $828 million
  • Shares of Rio Tinto plc RIO climbed 3.8% following news that management will enhance shareholders' wealth by $3.2 billion this year by utilizing the sale proceeds of its Australian coal assets
  • Under Armour Inc.'s UAA shares soared 6.6% following the announcement that he company will retrench 400 employees as part of a restructuring program
  • Shares of The Walt Disney Co. DIS rose1.7% following the disclosure of its ESPN unit that its newly launched online ESPN streaming service serves over one million paying subscribers

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The Walt Disney Company (DIS): Free Stock Analysis Report

Red Hat, Inc. (RHT): Free Stock Analysis Report

Rio Tinto PLC (RIO): Free Stock Analysis Report

Under Armour, Inc. (UAA): 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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