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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.68% per year. These returns cover a period from January 1, 1988 through August 5, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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Company News for April 06, 2017
• Shares in Panera Bread Co. , advanced 14.2% after it entered into a deal to be acquired for $7.5 billion by privately held JAB Holding Co.
• Staples Inc.’s shares gained 2.6% after the company agreed to sell a majority stake in its European operations to private-equity firm Cerberus Capital Management LP
• Shares of Monsanto Company gained 0.9% after the company reported second-quarter fiscal 2017 adjusted earnings of $3.19 beating Zacks Consensus Estimate of $2.76
• Walgreens Boots Alliance, Inc.’s (WBA - Free Report) shares declined 1.6% after the company reported adjusted earnings per share of $1.36 in second-quarter fiscal 2017, up 6.1% year over year