Company News for Jul 15, 2019

ACN JNJ ILMN HI

  • Shares of Illumina Inc. (ILMN - Free Report) plunged 16.1% after the company declared that its revenue for the second-quarter 2019 will be negatively impacted by around $50 million due to several operational and marketing weaknesses
  • Milacron Holdings Corp.’s shares jumped 23.8% after plastics manufacturer Hillenbrand Inc. (HI - Free Report) decided to acquire the former in a $2 billion cash and stock deal
  • Johnson & Johnson (JNJ - Free Report) shares plummeted 4.2% following news that the U.S. Justice Department is initiating a criminal investigation related to public information about potential cancer risk of its baby talcum powder
  • Shares of Accenture plc (ACN - Free Report) rose 0.8% after the company appointedJulie Sweet as its new chief executive officer and elevated David Rowland as executive chairman

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>