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Company News for October 8, 2012

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•    Zynga, Inc.’s (NASDAQ:ZNGA) projection of a third-quarter loss owing to soft demand among other factors dragged its shares down 11.9%

•    Wine and spirits distributor Constellation Brands, Inc. (NYSE:STZ) reported quarterly earnings of $0.71 a share, outpacing the Zacks Consensus Estimate of $0.54

•    An announcement by Avon Products, Inc. (NYSE:AVP) that the company’s chairman and former CEO will resign from office at the end of the year helped the company’s shares jump 7.2%

•    Shares of Datalink Corporation (NASDAQ:DTLK) slumped 13.4% after the company slashed third quarter adjusted earnings as well as revenues

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