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Company News for Jul 16, 2020

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  • Shares of Infosys Limited (INFY - Free Report) jumped 12.5% after the company reported first-quarter fiscal 2021 earnings of 13 cents per share, beating the Zacks Consensus Estimate of 12 cents.
  • Shares of The Progressive Corporation (PGR - Free Report) rose 1.7% after the company reported second-quarter 2020 earnings of $1.83 per share surpassing the Zacks Consensus Estimate of $1.72.
  • Shares of Bloom Energy Corporation (BE - Free Report) soared 34.8% after the company announced initial strategy for hydrogen market entry.
  • Shares of Oramed Pharmaceuticals Inc. jumped 13.1% after the company reported that the FDA has provided positive feedback during its End of Phase 2 meeting for Oramed's oral insulin.