Company News For Sept 5, 2018

Zacks Equity Research Published on September 05, 2018

Ocean Rig UDW Inc.’s shares surged 12% following news that Transocean Ltd. (RIG - Free Report) will acquire it in a cash and stock deal worth $2.7 billion
Shares of Southwestern Energy Co. (SWN - Free Report) plunged 5% following news that Flywheel Energy LLC will acquire its Fayetteville Shale E&P and related midstream gathering assets for $1.87 billion
Cronos Group Inc. (CRON - Free Report) shares jumped 12.9% after the company announced thatit has entered into a new partnership with Ginkgo Bioworks to produce cultured cannabinoids
Shares of WPP plc (WPP - Free Report) plummeted 8% following a warning from its CEO that profitability of the company would decline in 2018

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