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Company News for April 07, 2016

•    Constellation Brands Inc’s (STZ) shares rose 5.9% after reporting fiscal fourth quarter earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.14

•    Shares of Acuity Brands, Inc. (AYI) jumped 13.3% after posting fiscal second quarter earnings of $1.70 per share, outpacing the Zacks Consensus Estimate of $1.50

•    Baker Hughes Incorporated’s (BHI) shares increased 8.8% after the company and Halliburton Company (HAL) decided to fight U.S. Justice Department’s decision to file a suit to block their merger

•    Shares of Polycom, Inc. (PLCM) climbed 8% on news that the company was in an advanced stage of talks to be bought ought by Mitel Networks (MITL)

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