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Company News For Jun 6, 2018

Zacks Equity Research
Updated
Ranger Energy Services, Inc. (RNGR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

  • Palo Alto Networks, Inc.’s PANW shares declined 2.03% after the company narrowed its projected fiscal 2018 non-GAAP earnings to $3.86-$3.89 per share compared with the earlier range of $3.84-$3.91. 

  • Shares of Starbucks Corporation SBUX fell 2.4% after the company announced that its executive chairman Howard Schultz will be stepping down, effective June 26

  • Mylan N.V.’s MYL shared jumped 3.8% after the company along with India’s Biocon received approval for Food and Drug Administration for Fulphila, a biosimilar  drug to Neulasta

  • Shares of HD Supply Holdings Inc HDS rose 4.1% after the company reported first quarter fiscal 2018 earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.63


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