Company News For Oct 9, 2017
Zacks Investment Research | Oct 08, 2017 09:27PM ET
- Shares of Costco Wholesale Corp. (NASDAQ:COST) dipped almost 6% after its fourth quarter 2017 gross margin declined to 11.3%
- Omega Protein Corp.’s (NYSE:OME) shares increased 32.4% after the company entered into an agreement with Cooke to be acquired by the latter for $22 per share
- 22nd Century Group Inc.’s (NYSE:XXII) shares increased 11.1% after the company announced that its Phase III study on SPECTRUM research cigarettes showed an immediate reduction to low levels of nicotine
- Shares of Yum China Holdings, Inc. (NYSE:YUMC) gained 2.1% after reporting third quarter 2017 revenues of $2038 million, surpassing the Zacks Consensus Estimate of $1995 million
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