Company News for June 17, 2011 - Corporate Summary
June 17 2011 - 5:10AM
Zacks
• Shares of Virginia-based bank Capital One
Financial (NYSE:COF) rose 2.36% after the bank announced plans to
purchase ING’s U.S. online bank. The deal will help Capital
One become the fifth largest U.S. bank in terms of assets
• Share prices of The Kroger Company (NYSE:KR)
gained 4.53% after the biggest U.S. supermarket chain reported
higher-than-expected quarterly earnings figures and increased its
earnings forecast for the fiscal
• On Thursday, Energy Transfer Equity, L.P.
(NYSE:ETE) said it plans to acquire natural gas line company
Southern Union (NYSE:SUG) for $4.1 billion
• Odyssey Marine Exploration, Inc. (NASDAQ:OMEX)
said it was pricing its public offering of 4.8 million shares at
$3.05 a share
• Share prices of digital advertisement company
MediaMind Technologies Inc. (NASDAQ:MDMD) rose 37.45% after DG
FastChannel Inc (NASDAQ:DGIT) offered to pay $418 million or $22 a
share to acquire the company
• Analysts at Lazard Capital Markets downgraded
shares of Moody’s Corp. (NYSE:MCO) to "Neutral" rating from "Buy"
rating
• Share prices of motor home maker Winnebago
Industries, Inc. (NYSE:WGO) plunged 20.36% after the company posted
earnings figures that came in below the Street's expectations
• Culp, Inc. (NYSE:CFI) reported Q4 EPS of $0.45,
ahead of the Zacks Consensus Estimate for $0.25 per share. Revenues
for the quarter increased 5.5% year-over-year to $60.4 million
CULP INC (CFI): Free Stock Analysis Report
CAPITAL ONE FIN (COF): Free Stock Analysis Report
DG FASTCHANNEL (DGIT): Free Stock Analysis Report
ENERGY TRAN EQT (ETE): Free Stock Analysis Report
KROGER CO (KR): Free Stock Analysis Report
MOODYS CORP (MCO): Free Stock Analysis Report
MEDIAMIND TECH (MDMD): Free Stock Analysis Report
ODYSSEY MARINE (OMEX): Free Stock Analysis Report
SOUTHN UNION CO (SUG): Free Stock Analysis Report
WINNEBAGO (WGO): Free Stock Analysis Report
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