Stocks making the biggest moves premarket: Allergan Dean Foods, Energizer, Shake Shack & more
– The razor and personal-care products maker beat estimates by 16 cents a share, with adjusted quarterly profit of $1.11 per share. Revenue fell short of Street forecasts, however. The company also announced that after considering strategic alternatives, it has decided to retain its feminine care products unit, and said it still sees completing its acquisition of razor maker Harry's no later than the first quarter of 2020.– The drugmaker reported adjusted quarterly profit of $2.
Separately, Mallinckrodt suspended the plan spin-off of its specialty generics unit due to market conditions.– The fertilizer producer earned an adjusted 12 cents per share for its latest quarter, well short of the 29 cents a share consensus estimate. Revenue also missed forecasts, with Mosaic saying unprecedented wet weather in the U.S. Midwest hurt spring fertilizer sales. Mosaic also cut its full-year forecast.
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