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Company News For Jan 31, 2018

Some investors are rotating out of earlier high flying technology stocks into cheap emerging markets.
  • Aetna Inc’s AET shares decreased 3% after reporting fourth-quarter revenues of $14.74 billion, missing the Zacks Consensus Estimate of $14.89 billion

  • Shares of Maxim Integrated Products, Inc. MXIM declined 6.9% after Japanese chipmaker Renesas Electronics refuted reports that it will acquire Maxim Integrated for around $20 billion

  • Anixter International Inc’s AXE shares climbed 5.8% after reporting fourth-quarter earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.31

  • Shares of The Scotts Miracle-Gro Company SMG slumped 14.2% after posting fiscal first-quarter loss of $1.08 per share, wider than the Zacks Consensus Estimate of a decline of $0.92


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