Company News for May 25, 2011 - Corporate Summary
25 Maggio 2011 - 11:10AM
Zacks
• Shares of Yandex NV (NASDAQ:YNDX) gained more
than 55% to close at $38.84 in its opening trading day at the
American exchange. Yandex is a Russian internet search company and
its IPO was the biggest in the Internet sector after Google
(NASDAQ:GOOG)
• Automotive-parts retailer AutoZone, Inc.’s
(NYSE:AZO) shares surged 5.97% after the company reported
third-quarter results that came in above analysts estimates and the
Street’s expectations
• Shoe retailer DSW Inc. (NYSE:DSW) raised its
profit forecast for the fiscal year 2012. As a result of this
development, the company’s shares gained 16.86% to close at
$50.47
• Coverage on shares of Motorola Solutions Inc
(NYSE:MSI) was initiated by Goldman Sachs (NYSE:GS) with a "Buy"
rating and a target price of $57
• Shares of Gentiva Health Services, Inc.
(NASDAQ:GTIV) were upgraded by FBR Capital to "Market perform" with
a target price of $25
• Natural-gas producer and pipeline operator El
Paso Corp (NYSE:EP) raised its forecasts for the year 2011 and also
said it plans to split the company into two publicly traded
companies
• Doctors Co. agreed to buy Insurance company
FPIC Insurance Group Inc (NASDAQ:FPIC) in a deal worth about $362
million. Shares of FPIC Insurance surged 28.79% to close at
$41.34
• Valeant Pharmaceuticals (NYSE:VRX) reported its
plans to buy AB Sanitas in cash. The value of the deal is said to
be 314 million Euros
• JPMorgan (NYSE:JPM) initiated coverage on TMS
International (NYSE:TMS) with an “Overweight” rating and a target
price of $17.00
• JPMorgan (NYSE:JPM) initiated coverage on
Zipcar Inc (NASDAQ:ZIP) with a “Neutral” rating and a target price
of $29.50
DSW INC CL-A (DSW): Free Stock Analysis Report
EL PASO CORP (EP): Free Stock Analysis Report
FPIC INSURANCE (FPIC): Free Stock Analysis Report
GOOGLE INC-CL A (GOOG): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
GENTIVA HEALTH (GTIV): Free Stock Analysis Report
JPMORGAN CHASE (JPM): Free Stock Analysis Report
MOTOROLA SOLUTN (MSI): Free Stock Analysis Report
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