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Company News For Jun 20, 2018

Zacks Equity Research
Updated
Ross Stores (ROST) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • AT&T Inc.’s T shares increased 0.6% after the company announced that there will be fewer commercials, personalized programming and smaller channel bundles following its acquisition of Time Warner

  • Shares of Foundation Medicine, Inc. FMI surged 28.5% on news that Swiss drug behemoth Roche was buying out the company for $2.4 billion

  • Cotiviti Holdings, Inc.’s COTV shares increased 10.3% after Verscend Technologies Inc agreed to buy the company for $4.9 billion

  • Shares of Sarepta Therapeutics, Inc. SRPT rose 36.8% after the company announced positive results from Phase 1/2 test on its microdystrophin gene therapy for Duchenne muscular dystrophy, or DMD


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