Company News for July 13, 2011 - Corporate Summary
July 13 2011 - 5:27AM
Zacks
• Shares of bond insurer MBIA Inc. (NYSE:MBI)
gained 6.86% after the company said it will withdraw its lawsuit
against Bank of America Corp. (NYSE:BAC) and Merrill Lynch
• According to a report, NCR Corporation.
(NYSE:NCR) will buy software maker Radiant Systems, Inc.
(NASDAQ:RADS) in a deal valued at $1.2 billion
• Online travel company Orbitz Worldwide Inc,
(NYSE:OWW) said it had entered into a partnership with Virgin
Australia. Following this development, shares of the company jumped
more than 30% in yesterday's trade
• Shares of Coffee Holding Co., Inc. (NASDAQ:JVA)
dropped 23.78% making it the leading laggard stock amongst all
coffee companies
• Analysts at UBS (NYSE:UBS) downgraded shares of
Maxim Integrated Products Inc. (NASDAQ:MXIM) citing lower demand
for personal computers and weakness in the chip maker's end
markets
• Shares of chip maker Microchip Technology Inc.
(NASDAQ:MCHP) fell 12.14% making it one of the poorest
performers of the day for the S&P 500 after the company reduced
its forecast for the first quarter
• On Tuesday, Chesapeake Energy Corp. (NYSE:CHK)
said it would invest $150 billion in Clean Energy Fuels Corp.
(NASDAQ:CLNE) over the next three years. The fund will enable
Chesapeake Energy to develop liquefied natural-gas truck-fueling
stations
• Clean Diesel Technologies Inc's shares
(NASDAQ:CDTI) gained 59.62% after analysts at Roth Capital
initiated coverage on the shares of the company with a "Buy"
rating. Roth Capital believes better conditions in the diesel
retrofit business will help the company increase its revenue
figures
• Although Novellus Systems Inc's. (NASDAQ:NVLS)
second quarter earnings figures came in better than the year ago
period, the maker of semiconductor equipment lowered its
projections for third quarter earnings
CLEAN DIESEL (CDTI): Free Stock Analysis Report
CHESAPEAKE ENGY (CHK): Free Stock Analysis Report
CLEAN EGY FUELS (CLNE): Free Stock Analysis Report
MCGRAW-HILL COS (MHP): Free Stock Analysis Report
MAXIM INTG PDTS (MXIM): Free Stock Analysis Report
NCR CORP-NEW (NCR): Free Stock Analysis Report
NOVELLUS SYS (NVLS): Free Stock Analysis Report
ORBITZ WORLDWID (OWW): Free Stock Analysis Report
RADIANT SYSTEMS (RADS): Free Stock Analysis Report
UBS AG (UBS): Free Stock Analysis Report
Zacks Investment Research
Radiant Systems, Inc. (MM) (NASDAQ:RADS)
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