Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
Revlon (REV) just reported second quarter results and they were a miss, with lower revenue and a much bigger loss than the street expected. CEO Debra Perelman says they are focused on strengthening their brands and increasing growth in e-commerce.
21st Century Fox (FOX) is riding high after a very big quarter. The company reported a beat on its top and bottom line with double-digit growth in all areas. That includes its movie studio, tv stations and cable networks. Fox is gearing up to sell off many of those assets to Disney in a $71B deal.
Comcast (CMCSA) says it’s patched a security flaw that may have exposed personal information for 26 million customers. Buzzfeed news first reported the flaw which let people enter their home addresses or social security numbers on an unsecured website to pay their bill. Comcast says it’s turned that feature off, and that it takes customer security very seriously.
Some new competition is coming to the supermarket aisle. German grocer Aldi is rolling out new products for its US stores, as it expands locations across the country. Among the offerings, new easy to prepare foods and more refrigerated space for fresh meat and produce. Aldi is in the middle of a $5B plan to remodel and expand its US stores.