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Company News For Oct 19, 2017

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  • Shares of Fogo De Chao Inc tanked 7.5% after the company expects adjusted earnings of 77 cents to 80 cents a share for the year, lower than analysts’ expectations of 91 cents

 

  • Shares of Abbott Laboratories (ABT - Free Report) gained 1.3% after the company reported third quarter earnings per share of 66 cents, ahead of the Zacks Consensus Estimate by a penny

 

  • Allergan plc’s  shares slumped 5.3% after a Texas district court judge ruled against the company in a patent lawsuit

 

  • Shares of Electronic Arts Inc. (EA - Free Report) declined 2.4% on news that the company is closing the unit that was working on a coming “Star Wars” videogame

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