Company News For Dec 14, 2018

 

• Ciena Corporation’s CIEN shared jumped 8.6% after the company reported fourth-quarter fiscal 2018 earnings of $0.53 per share, surpassing the Zacks Consensus Estimate of $0.49 per share

• Shares of Tailored Brands, Inc. TLRD plummeted 29.8% after the company reported third-quarter 2018 revenues of $812.75 million, missing the Zacks Consensus Estimate of $819 million

• Oxford Industries, Inc.’s OXM shared declined 10.1% after the company reported third-quarter 2018 earnings of $0.14 per share, lagging the Zacks Consensus Estimate of $0.17 per share

• Shares of Mondelez International, Inc. MDLZ gained 0.6% after the company agreed to sell its Kraft-branded cheese business in Africa and the Middle East to Arla Foods for an undisclosed amount

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