Company News for February 2, 2012 - Corporate Summary
February 02 2012 - 4:00AM
Zacks
• Share prices of
bankrupt company AMR Corp. (PINK:AAMRQ) fell 13.32% following
reports that the parent company of American Airlines is planning to
axe thousands of employees
• Reinforced-plastics maker Cytec Industries Inc.
(NYSE:CYT) said it has engaged JP Morgan (NYSE:JPM) to explore
different options available for separating its coating resin
business
• Shares of C.H. Robinson Worldwide Inc.
(NASDAQ:CHRW) declined 7.02% to close at $64.01 after the
transportation-services provider reported fourth-quarter earnings
that came in below expectations
• Petroleum product refiners Marathon Petroleum
Corp's. (NYSE:MPC) share prices increased 9.58% after the company
announced it may spin off certain assets. Separately, the company
also said it would repurchase around $2 billion of its own
shares
• Drug developer Dendreon Corp's. (NASDAQ:DNDN)
share prices rose 4.93% after the company named John Johnson, as
its new CEO and president. Mr. Johnson was earlier associated with
Savient Pharmaceuticals (NASDAQ:SVNT)
AMR CORP (AAMRQ): Free Stock Analysis Report
CH ROBINSON WWD (CHRW): Free Stock Analysis Report
CYTEC INDS INC (CYT): Free Stock Analysis Report
DENDREON CORP (DNDN): Free Stock Analysis Report
JPMORGAN CHASE (JPM): Free Stock Analysis Report
MARATHON PETROL (MPC): Free Stock Analysis Report
SAVIENT PHARM (SVNT): Free Stock Analysis Report
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