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Company News For Oct 4, 2018

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  • General Motors Co.’s (GM - Free Report) shares rose 2.1% following news that Honda Motor Co Ltd. (HMC - Free Report) will invest $2.75 billion to acquire 5.7% stake in the U.S. automaker’s Cruise self-driving vehicle division
  • Shares of Tempur Sealy International Inc. (TPX - Free Report) soared 10.9% following news that its closest rival Mattress Firm Inc. is on the verge of filling bankruptcy
  • RPM International Inc.’s (RPM - Free Report) shares tumbled 5.4% after posting fiscal first-quarter 2019 adjusted earnings per share of $0.52, missing the Zacks Consensus Estimate of $0.86
  • Shares of Resolute Forest Products Inc. surged 8.7% after it entered into a definitive agreement with New-Indy Containerboard LLC to sell its Catawba, South Carolina , paper and pulp mill for $300 million

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