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Company News For Jun 27, 2018

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  • Lennar Corp.’s (LEN - Free Report) shares soared 4.9% after reporting fiscal second-quarter 2018 adjusted earnings per share of $1.58 outpacing the Zacks Consensus estimate of $0.45
  • Visa Inc. (V - Free Report) increased 1.2% following announcement that the company plans to deposit $600 million in its litigation escrow account, effecting earnings per share the same way as repurchasing its class A common stock
  • General Electric Co.’s (GE - Free Report) shares surged 7.8% after the company plans to spin off its health-care business and separate its stake in Baker Hughes (BHGE - Free Report) over the next few years
  • Shares of Puma Biotechnology Inc. (PBYI - Free Report) jumped 24.4% after the company reported results of CHMP reexamination of MAA for neratinib for the extended adjuvant treatment of HER2-positive early stage breast cancer

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