The beer, wine and alcohol company's better than expected results and improved forward guidance was attributed to the acquisition of Grupo Modelo's U.S. beer business.
Texas Industries (TXI) ($56.22) missed EPS estimates by 4 cents earning a penny a share in afterhours trading on Oct. 2. The stock fell from its Oct. 2 close at $67.02 to a low of $56.21 on Oct. 4. Texas Industries maintains its hold rating with a semiannual value level at $47.55 and semiannual and annual pivots at $58.20 and $61.58. My weekly risky level is $60.71.
Profitability for the cement and materials company was hurt by margins that were below analysts estimates.
Walgreen (WAG) ($55.79) matched EPS estimates earning 73 cents a share premarket on Oct. 1. The stock set a new multi-year high at $57.41 on Oct. 3. Walgreen maintains a buy rating with a weekly value level at $54.89 with a monthly risky level at $56.93.Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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