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Company News for June 14, 2017

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•    Shares of Eli Lilly and Company (LLY - Free Report) advanced 0.4% after the company declared that the pain drug it has developed with Pfizer Inc. (PFE - Free Report) has been granted fast track designation by the Food and Drug Administration

•    The Cheesecake Factory Incorporated’s (CAKE - Free Report) shares declined 9.9% after the company revised its second-quarter sales forecast downward, predicting a decline of 1%, compared with prior guidance for a gain of 1% to 2%

•    Shares of John Wiley & Sons Inc surged 4.6% after reporting fiscal fourth-quarter earnings of $0.82, beating the Zacks Consensus Estimate of $0.66

•    Cavco Industries, Inc’s (CVCO - Free Report) shares gained 10.8% after posting fiscal-fourth quarter revenues of $198 million, up 11.7% year over year