Facebook (FB) acquires popular teen application TBH in an attempt to attract teenagers to its platform amid tough competition.
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With the recovering economy and employment markets, a number of companies are anticipated to display impressive results, while others may take a hit from the evolving patterns of consumers.
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Microsoft (MSFT) wins a new cloud customer, Symantec.
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Chicago submitted its bid for Amazon's (AMZN) second headquarter on Monday.
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EP Energy (EPE) is on track to achieve its 2017 production target.
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For 2017, Genuine Parts (GPC) continues to expect 3-4% growth in full-year revenues. Earnings per share in 2017 are expected to be in the range of $4.75-$4.85.
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CSX's results in the third quarter are hurt by lower merchandise revenues. Operating ratio in the quarter, however, improved. The company is looking to drive its bottom line by cutting costs.
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SodaStream (SODA) is capitalizing on the growing demand for sparkling water with the Jillian Michaels partnership.
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Hanesbrands (HBI) gains from acquisitions and Project Booster program. Although organic sales remain dismal, the same is expected to turn around in the second half of 2017.
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Higher costs might hurt Blackstone's (BX) bottom line in Q3. However, improving AUM might aid results.
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Strength in the diagnostics and contribution from acquisitions will likely drive Snap-on's (SNA) growth in the third quarter. However, weak client spending and slow tool storage business remain headwinds.
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Grainger's (GWW) Q3 adjusted earnings dipped 5% on a year-over-year basis, but managed to beat the Zacks Consensus Estimate on improved volumes. The company also lowered fiscal 2017 guidance.
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Over the next two years, Fujifilm intends to capture almost 50% of the Indian mirrorless camera-market share.
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Strong organic growth led by improving end-market demand, NES acquisition as well as hurricane Harvey and Irma related rental work are likely to help United Rentals (URI) generate better numbers.
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Robust product portfolio and acquisitions likely to drive Atlassian's (TEAM) first-quarter fiscal 2017 revenues. However, escalating expenses will likely drag down profitability.
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Modest loan growth and higher rates to aid BNY Mellon's (BK) NIR in Q3. Also, a year-over-year improvement in fee revenues should aid top-line growth.
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The Goldman Sachs Group's (GS) third-quarter 2017 results reflect top-line strength on continued investment banking momentum and strong debt underwriting.
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Verizon Communications Inc. (VZ) is an active player in the fleet management and telematics business through its Verizon Telematics subsidiary, which has operations in 40 countries.
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Though the recent hurricanes might dent sales to some extent, BJ's Restaurants (BJRI) major sales-building initiatives are expected to contribute significantly in the third quarter.
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People's United Financial (PBCT) scheduled to report third-quarter 2017 results on Oct 19.
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Maxim Integrated Products, Inc.'s (MXIM) first-quarter results are expected to benefit from the strong auto and industrial markets. However, customer concentration remains a concern.
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Inovio Pharmaceuticals (INO) will evaluate a combination of checkpoint inhibitor and T cell activator as a potential treatment for advanced bladder cancer in a new early stage study.
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UnitedHealth (UNH) beats earnings in the third quarter driven by higher contribution from both its segments.
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Simon Property Group's (SPG) retail platform -- The Edit@Roosevelt Field -- to assist online brands set foot in the physical retail space and expand customer base.
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Sanofi (SNY) and Regeneron's phase II study evaluating Dupixent for the treatment of adults with active moderate-to-severe eosinophilic esophagitis meets its primary endpoint.
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Tale of the Tape
Higher premiums drove earnings beat for Progressive Corp. (PGR) in third quarter amid catastrophe loss weighing on underwriting profitability.
Companies in the news are:
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Zacks.com featured highlights: Greenbrier, CIT Group, ArcBest, Prudential Financial and CVR Refining
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Zacks #1 Rank Additions
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Tuesday
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Bear of the Day
This airline stock has hit a patch of turbulence
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