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Company News For May 7, 2019

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  • Shares of Sysco Corp. (SYY - Free Report) surged 3.5%  after the company reported third-quarter fiscal 2019 adjusted earnings per share of $0.79, outpacing the Zacks Consensus Estimate of $0.70
  • Shares of Tyson Foods Inc. (TSN - Free Report) climbed 2.6% after the company posted second quarter fiscal 2019 adjusted earnings per share of $1.20, surpassing the Zacks Consensus Estimate of $1.12
  • Chesapeake Lodging Trust's shares jumped 9.3% after Park Hotels & Resorts Inc. (PK - Free Report) agreed to acquire it for about $2.7 billion
  • Shares of ArcelorMittal (MT - Free Report) tumbled 4.5% following news that the company will temporarily stop steel production in Poland due to rising costs

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