Company News for May 11, 2011 - Corporate Summary
May 11 2011 - 5:10AM
Zacks
• Microsoft Corp. (NASDAQ:MSFT) will purchase
internet communications leader Skype from the investor consortium
led by Silver Lake. The deal which is worth $8.5 billion in cash
has been approved by the boards of directors of both companies
• Dean Foods (NYSE:DF) reported Q1 EPS of $0.14,
surpassing the Zacks Consensus Estimate of $0.06 per share
• Medical-device maker Boston Scientific
Corporation (NYSE:BSX) announced that Ray Elliott would retire as
president and CEO at the end of the year
• Shares of online technology-jobs sites operator
DICE HOLDINGS, INC. (NYSE:DHX) dropped 5.5% a day after the company
revealed that “certain stockholders” would sell 8 million
shares.
• Share prices of MannKind Corp.(NASDAQ:MNKD)
plunged 12.3% a day after the biotechnology firm reported a
first-quarter loss exceeding expectations
• Late on Monday, organic LED maker Universal
Display Corp (NASDAQ:PANL) posted a first-quarter loss that
exceeded analysts’ expectations
• Analysts at Miller Tabak initiated coverage of
Bob Evans Farms, Inc. (NASDAQ:BOBE) with a “Hold” rating and a
target price of $35.00
• Goldman Sachs (NYSE:GS) initiated coverage on
Cephalon, Inc. (NASDAQ:CEPH) with a “Neutral” rating and a target
price of $75.00
• BGC Financial initiated coverage on Cisco
Systems, Inc. (NASDAQ:CSCO) with a “Buy” rating and a target price
of $24.00
• Analysts from Goldman Sachs (NYSE:GS) initiated
coverage on shares of Cosan Limited (NYSE:CZZ) with a “Buy”
rating
• Analysts at JPMorgan Chase & Co (NYSE:JPM)
initiated coverage on Graphic Packaging Holding Company (NYSE:GPK)
with a "Neutral” rating
• Citigroup (NYSE:C) initiated coverage of
Medivation, Inc. (NASDAQ:MDVN) with a “Buy” rating and a target
price of $35.00
• Credit Suisse (NYSE:CS) initiated coverage on
shares of Targa Resources Partners LP (NYSE:NGLS) with an
“Outperform” rating
BOB EVANS FARMS (BOBE): Free Stock Analysis Report
BOSTON SCIENTIF (BSX): Free Stock Analysis Report
CITIGROUP INC (C): Free Stock Analysis Report
CITIGROUP INC (C): Free Stock Analysis Report
CEPHALON INC (CEPH): Free Stock Analysis Report
CHESAPEAKE UTIL (CPK): Free Stock Analysis Report
CISCO SYSTEMS (CSCO): Free Stock Analysis Report
COSAN LTD-A (CZZ): Free Stock Analysis Report
DEAN FOODS CO (DF): Free Stock Analysis Report
DICE HOLDINGS (DHX): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
JPMORGAN CHASE (JPM): Free Stock Analysis Report
MEDIVATION INC (MDVN): Free Stock Analysis Report
MANNKIND CORP (MNKD): Free Stock Analysis Report
MICROSOFT CORP (MSFT): Free Stock Analysis Report
UNIVL DISPLAY (PANL): Free Stock Analysis Report
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