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Company News For Sept 6, 2018

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  • RH (RH - Free Report) shares plunged 13.1% after reporting fiscal second-quarter 2018 adjusted earnings per share of $2.05 per share, beating than the Zacks Consensus Estimate of $1.74
  • Shares of Halliburton Co. (HAL - Free Report) plummeted 6% after the company announced that its third-quarter 2018 earnings will be affected by slowing activity in Permian Basin and lack of new contracts in Middle East
  • Nevsun Resources Ltd. shares jumped 17.9% following news that China’s Zijin Mining Group Co. Ltd. will acquire the company for C$1.86 billion or $1.41 billion
  • Shares of Coupa Software Inc. surged 6.8% after reporting fiscal second-quarter 2018 adjusted earnings per share of $0.05 per share, beating than the Zacks Consensus Estimate of a loss of $0.09

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