Company News For Nov 19, 2018

BAC PCG SONO WSM MATW

  • Williams-Sonoma, Inc.’s (WSM - Free Report) shares declined 11.2% after the company reported third-quarter 2018 revenues of $1,357 million, missing the Zacks Consensus Estimate of $1,363 million
  • Shares of PG&E Corporation (PCG - Free Report) surged 37.5% after the company said that it doesn’t want to enter bankruptcy and Bank of America Corporation (BAC - Free Report) reportedly issued defensive comments that the bankruptcy and selloff comments were being ‘overdone’
  • Sonos, Inc.’s (SONO - Free Report) shares gained 9% after the company reported fourth-quarter fiscal 2018 loss of $0.2 per share, narrower than the Zacks Consensus Estimate of a decline of $0.8 per share
  • Shares of Matthews International Corporation (MATW - Free Report) jumped 7.6% after the company reported fiscal fourth-quarter 2018 earnings of $1.23 per share, surpassing the Zacks Consensus Estimate of $1.17 per share

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