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Company News for Mar 6, 2020

Zacks Equity Research
·1-min read

  • Shares of Xerox Holdings Corporation XRX dropped 6% after HP Inc. rejected a raised takeover bid of about $35 billion

  • Shares of Ciena Corporation CIEN rose 3% after the company reported fourth-quarter earnings of 52 cents per share, surpassing the Zacks Consensus Estimate of 38 cents

  • Shares of Vipshop Holdings Limited VIPS soared nearly 27% after the company reported fourth-quarter earnings of 41 cents per share, surpassing the Zacks Consensus Estimate of 29 cents

  • Shares of Methode Electronics, Inc. MEI rose 2.1% after the company reported fourth-quarter earnings of $1.05 per share, surpassing the Zacks Consensus Estimate of 92 cents


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Zacks Investment Research