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Company News For Mar 20, 2019

Zacks Equity Research
Consumer spending, which accounts for more than two-third of economic output, increases 0.9% in March - the highest monthly increase since August 2009.

  • The Michaels Companies, Inc.’s MIK shares surged 8.3% after the company reported fourth quarter 2018 earnings per share of $1.44, higher than the Zacks Consensus Estimate of $1.43 a share

  • DSW Inc.’s DSW shares declined 0.7% after the company reported fourth quarter 2018 loss per share of $0.07, against the Zacks Consensus Estimate of earnings of $0.03 a share

  • Shares of Revlon, Inc. REV dipped 6.9% after the company reported fourth quarter 2018 loss per share of $0.86, versus the Zacks Consensus Estimate of earnings of $0.15 a share

  • Shares of StoneCo Ltd. STNE rallied 18.6% after the company announced fourth quarter 2018 earnings per share of $$0.14, surpassing the Zacks Consensus Estimate of $0.13 a share


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