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Company News For April 4, 2018

Zacks Equity Research
Updated
The Macerich Company (MAC) opens Scottsdale Fashion Square's refurbished luxury wing. The face-lift enables the mall to add an impressive tenant lineup to its roster.

  • CBS Corp.’s CBS shares increased 4.2% following reports that the company is considering an all-stock bid for Viacom, priced below Viacom’s current market value

  • Shares of Walmart Inc. WMT rose 1.5% after the company unveiled Walmart2World, an international money transfer service

  • Tesla Inc.’s TSLA shares increased 6% following reports that it produced 9,766 Model 3 cars in the first quarter

  • Shares of Overstock.com Inc.OSTK decreased 1.2% after the company terminated a secondary stock offering citing market volatility


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