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Corporate Summary

•    Shares of Skechers USA Inc (NYSE:SKX) surged 19.3% to $35.76 after announcing fourth quarter earnings per share of $0.28, beating the Zacks Consensus Estimate of $0.17

•    PepsiCo, Inc.’s (NYSE:PEP) shares dropped 2.2% after declaring fourth quarter earnings per share of $1.05 ,which declined 3.5% year over year

•    Shares of Avon Products, Inc. (NYSE:AVP) fell 3.1% to $14.60 after announcing that it would likely have to pay $132 million to resolve a bribery investigation that obstructed their overseas market expansion

•    Charter Communications Inc’s (NASDAQ:CHTR) shares declined 6.3% after it failed to acquire Time Warner Cable, as the same has been done by Comcast   

 

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