Company News For Oct 8, 2019

Zacks Equity Research Published on October 08, 2019

Shares of General Electric Company (GE - Free Report) lost 0.1% after the company announced plans to freeze pension plans for 20,000 US employees in order to cut debt
Shares of General Motors Company (GM - Free Report) dipped 0.5% after the company hit setbacks in their contract negotiations with United Auto Workers Union
HSBC Holdings plc (HSBC - Free Report) shares dipped 0.1% after the company announced that it was planning to cut 10,000 jobs
Shares of DISH Network Corporation gained 0.2% after the company reached an agreement with Fox Corporation (FOXA - Free Report) to restore access to Fox local channels for Dish customers after a two-week hiatus

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.