Company News for September 14, 2011 - Corporate Summary
14 Settembre 2011 - 11:10AM
Zacks
• Best Buy Co., Inc.
(NYSE:BBY) posted Q2 EPS of $0.47, lower than the Zacks Consensus
Estimate of $0.53 per share. Revenues for the quarter were flat
year-over-year at $11.35 billion, missing the Zacks Consensus
Estimate of $11.442 billion
• Share prices of airline company US Airways
Group, Inc. (NYSE:LCC) advanced 16.29% after its president said
that the airline has not witnessed a decline in demand
• Chief operating officer of engine maker Cummins
Inc. (NYSE:CMI) said that fiscal 2011 would be a profitable year
for the company. Following this development, share prices of the
company jumped 5.89% to close at $92.20 per share
• Shares of lung disease drug maker InterMune,
Inc. (NASDAQ:ITMN) fell 9.94% after the pharma-company announced
its decision to launch public offerings of 4 million shares and
$100 million of convertible debt
• US based global apparel company VF Corporation
(NYSE:VF) has acquired The Timberland Company (NYSE:TBL) for $2.3
billion or $43 per share. Timberland designs and develops footwear
along with apparel and accessories for both men and woman and also
for children
• Share prices of chemical company Huntsman Corp.
(NYSE:HUN) increase by 6.49% after Standard & Poor upgraded the
stock form "B-Plus" to "BB-minus"
• Analysts at Deutsche Bank (NYSE:DB) initiated
coverage on shares of American Capital Mortgage Investment
(NASDAQ:MTGE) with an "Outperform" rating and a target price of $22
per share
• Share prices of financial advisory firm
Blackstone (NYSE:BX) increased 3.57% after analysts at Ticonderoga
Securities initiated coverage on the stock with a "Buy"
rating and a target price of $17
BEST BUY (BBY): Free Stock Analysis Report
BLACKSTONE GRP (BX): Free Stock Analysis Report
DEUTSCHE BK AG (DB): Free Stock Analysis Report
HUNTSMAN CORP (HUN): Free Stock Analysis Report
INTERMUNE INC (ITMN): Free Stock Analysis Report
TIMBERLAND CO A (TBL): Free Stock Analysis Report
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