Company News for June 22, 2011 - Corporate Summary
22 Giugno 2011 - 11:10AM
Zacks
• Walgreen Co. (NYSE:WAG) reported Q3 EPS of
$0.65, above the Zacks Consensus Estimate of $0.62 per share.
Revenues for the quarter grew 6.8% year-over-year to $18.37
billion, beating the Zacks Consensus Estimate of $18.277
billion
• Adobe (NASDAQ:ADBE) reported Q2 EPS of $0.55,
higher than the Zacks Consensus Estimate of $0.42 per share.
Revenues for the quarter rose 9% year-over-year to $1.02 billion,
above the Zacks Consensus Estimate of $998.0 million
• Shares of Nokia (NYSE:NOK) rose 3.59% to close
at $6.06 after the mobile handset maker launched its new range of
affordable mobile phones and also unveiled its new Nokia N9 smart
phone.
• Share prices of Peabody Energy Corp. (NYSE:BTU)
gained 5.07% after Goldman Sachs (NYSE:GS) revised its rating for
the company from "Neutral" to "Buy" citing higher demand for
thermal coal because of steep oil prices. Thermal coal is a
relatively cheaper alternative for power generation
• NPower announced that it has inked a three-year
deal with Cognizant Technology Solutions Corp. (NASDAQ:CTSH). The
deal will allow Npower to receive financial support from
Cognizant.
• Tower Bancorp (NASDAQ:TOBC) said it was being
sold off to Susquehanna Bancshares (NASDAQ:SUSQ) in a deal worth
around $343 million in cash and stock
• Analysts at Credit Suisse downgraded shares of
Motorola Mobility Holdings Inc. (NYSE:MMI) to "Underperform" Rating
from "Outperform" rating. Credit Suisse believes that other
handset makers will benefit more from the growing popularity of
Google's (NASDAQ:GOOG) latest mobile-phone platform
• Analysts at Morgan Keegan initiated coverage on
Aruba Networks, Inc. (NASDAQ:ARUN) with an "Outperform" rating and
a target price of $35.00
• Shares of credit card issuer and electronic
payment services company Discover Financial Services (NYSE:DFS)
were upgraded by Macquarie to "Outperform" rating from "Neutral"
rating
ADOBE SYSTEMS (ADBE): Free Stock Analysis Report
ARUBA NETWORKS (ARUN): Free Stock Analysis Report
PEABODY ENERGY (BTU): Free Stock Analysis Report
COGNIZANT TECH (CTSH): Free Stock Analysis Report
DISCOVER FIN SV (DFS): Free Stock Analysis Report
GOOGLE INC-CL A (GOOG): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
MOTOROLA MOBLTY (MMI): Free Stock Analysis Report
NOKIA CP-ADR A (NOK): Free Stock Analysis Report
SUSQUEHANNA BSH (SUSQ): Free Stock Analysis Report
TOWER BANCORP (TOBC): Free Stock Analysis Report
WALGREEN CO (WAG): Free Stock Analysis Report
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