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Company News For Jul 12, 2018

Best Buy (BBY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
  • American Airlines Group Inc. AAL shares plunged 8.1% after the company trimmed its fiscal second-quarter TRASM growth forecast to 1%-3% year-over-year from the previous guidance of 1.5%-3.5%

  • Twenty-First Century Fox Inc. FOXA plummeted 4% after the company raised its bid by more than 30% to acquire a 61% stake in SKY plc

  • Fastenal Co.’s FAST shares jumped 10.1% after reporting fiscal second-quarter 2018 earnings per share of $0.74 outpacing the Zacks Consensus Estimate of $0.66

  • Shares of MSC Industrial Direct Co. Inc. MSM tumbled 4.5% after posting fiscal third-quarter 2018 revenues of $828.35 million missing the Zacks Consensus Estimate of $832.13 million


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