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Company News For Sep 18, 2018

Zacks Equity Research
Updated
International Flavors & Fragrances (IFF) will gain on cost cutting efforts, productivity initiatives, acquisitions and growth in global market for flavors and fragrances in third-quarter 2018.

  • Amazon.com Inc. AMZN shares tumbled 3.2% following news that management is conducting an internal investigation to eliminate sources who leaked confidential user information to sellers using Amazon’s platform to sell their products

  • Shares of Canopy Growth Corp. CGC soared 3% after the company’s Tweed Farms Inc. unit received amendment of licenses for remaining greenhouse space in Canada

  • The Coca-Cola Co. KO shares rose 0.7% following confirmation that management is mulling about introducing CBD-infused beverages

  • Shares of Meredith Corp. MDP gained 0.6% following news that it will sell Time magazine for $190 million to Salesforce.com Inc. (CRM) founder Marc Benioff and his wife Lynne Benioff


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