Markets

Company News for September 19, 2016

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• Shares of Oracle Corporation ( ORCL ) fell 4.8% after reporting fiscal first-quarter earnings of $0.49 per share, missing the Zacks Consensus Estimate by 4 cents

• Intel Corporation's ( INTC ) shares gained 3% after the company raised its third-quarter revenue forecast from $14.9 billion to $15.6 billion

• Shares of Novavax, Inc. ( NVAX ) slumped 84.6% on news that top-line data from its Resolve Phase 3 trial did not meet pre-specified primary or secondary efficacy objectives

• Avis Budget Group, Inc.'s ( CAR ) shares rose 7.4% on news that Questar Corporation ( STR ) will be replaced by the company in the S&P MidCap 400 index

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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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