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Company News For Nov 16, 2018

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  • Cisco Systems Inc.’s (CSCO - Free Report) shares surged 5.5% after the company posted first-quarter fiscal 2019 adjusted earnings per share of $0.75, surpassing the Zacks Consensus Estimate of $0.72
  • Shares of Dillard's Inc. (DDS - Free Report) plunged 14.8% after the company reported third-quarter 2018 adjusted earnings per share of $0.27, lagging the Zacks Consensus Estimate of $0.56
  • JPMorgan Chase & Co. (JPM - Free Report) shares rose 2.6% following news that Berkshire Hathaway Inc. (BRK.B - Free Report) had acquired a $4 billion stake in the company
  • Shares of Applied Materials Inc. (AMAT - Free Report) climbed 4.3% after the company reported fourth-quarter 2018 adjusted earnings per share of $0.97, beating the Zacks Consensus Estimate by one cent

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