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The Zacks Friday Finish Line Highlights: Under Armour, General Motors, Chipotle, AT&T, Time Warner

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For Immediate Release

Chicago, IL—October 28, 2016—Zacks Friday Finish Line is a podcast hosted weekly by Zacks Editor Maddy Johnson and Content Writer Ryan McQueeney that takes on the week’s biggest news from the financial and investment world.

AT&T-Time Warner Deal: The Good, The Bad, The Ugly

Welcome to Episode #18 of the Zacks Friday Finish Line Podcast!

Under Armour Q3 Earnings

The hosts started off the episode by discussing athletic retailer Under Armour’s (UA - Free Report) third quarter earnings results. Despite a beat on both its top and bottom lines, UA stock plunged as much as 14% following the report’s release.

General Motors Q3 Earnings

Maddy and Ryan also covered car manufacturing giant General Motors’ (GM - Free Report) third quarter financial results. Like UA stock, share of GM were acting sluggish shortly after its report was released, down around 3.8% in midday trading Tuesday. Despite impressive earnings, investors showed fear of a slowdown in U.S. vehicle sales, currency instability in Europe, and uncertainly about China, in turn negatively affecting GM stock.

Chipotle Q3 Earnings

Last on this episode’s earnings docket was Chipotle Mexican Grill (CMG - Free Report) . Our favorite burrito maker reported disappointing earnings and revenue results, as well as weak comparable restaurant sales and transactions. Chipotle went on to blame the decline in comps on the fall in the number of transactions at its restaurants, and also a decline in average check.

AT&T-Time Warner Deal Pushes Forward

Finally, the featured story of the week surrounded perhaps one of the biggest deals of the year: AT&T’s (T - Free Report) takeover of media giant Time Warner . Both companies are behemoths in their own industries, a fact which has made consumers, lawmakers, and politicians wary. Will the deal be able to pass all of the inevitable regulatory hoops?

Want More Zacks Friday Finish Line?

Check back every Friday for a new episode that looks at each week’s biggest financial and investment news. You can follow the Zacks Friday Finish Line Podcast on iTunes, Soundcloud, and ZacksInvestmentNews on YouTube.

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