Company News For Sep 11, 2018

Zacks Equity Research
Updated
Walgreens Boots (WBA) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

  • NIKE, Inc.’s NKE shares jumped 2.3% after the company’s decision to design its Just Do It campaign around former NFL player Colin Kaepernick

  • Shares of Science Applications International Corporation SAIC declined 9.1% after the company said that it would acquire Engility Holdings Inc. EGL in a $2.5 billion stock deal, including repayment of $900 million in debt

  • Alibaba Group Holding Limited’s BABA shares plunged 3.7% on news that the company’s co-founder and executive chairman Jack Ma will step down in 2019

  • Shares of Endocyte, Inc. ECYT surged 11.4% after the FDA accepted radiographic progression free survival as a right alternative endpoint for a trial of Lu-PSMA-617 in prostate cancer patients


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Alibaba Group Holding Limited (BABA) : Free Stock Analysis Report
 
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