Company News for November 18, 2011 - Corporate Summary
November 18 2011 - 4:05AM
Zacks
• Sears Holdings
Corporation (NASDAQ:SHLD) posted Q3 adjusted loss of $2.57 per
share, wider than the Zacks Consensus Estimate of a loss of $2.14
per share. Revenues for the quarter dropped 1.2% to $9.57
billion
• Embraer S.A. (NYSE:ERJ) and Alcoa Inc.
(NYSE:AA) entered into a new technology sharing agreement, which
will enable Embraer to improve the fuselage and the wings for its
family of aircraft
• According to a Wall Street Journal report,
companies like Foot Locker (NYSE:FL), will lose the most from a
standoff between owners and players of the National Basketball
Association since the company generates a significant amount of
revenue from selling basketball related products
• Goldman Sachs upgraded shares of American Tower
Corporation (NYSE:AMT) to its Conviction Buy list. Earlier the
shares were rated "Buy"
• Oppenheimer upgraded shares of Cadence
Pharmaceuticals, Inc. (NASDAQ:CADX) to a "Perform" rating from
"Underperform"
• Share prices of ACCO Brands Corp. (NYSE:ABD)
rocketed 26.44% to close at $8.80 after the company inked an
agreement as per which it will merge with MeadWestvaco Corp.
(NYSE:MWV) in a deal worth $860 million
• Chip technology company Rambus Inc's.
(NASDAQ:RMBS) share prices increased 23.49%, day after plummeting
more than 60% after the company lost a long drawn legal anti-trust
case against Hynix Semiconductor and Micron Technology
(NYSE:MU)
• Shares of youth clothing chain Children’s Place
Retail Stores, Inc. (NASDAQ:PLCE) gained 15.13% to close at $51.81
after the company increased its earnings outlook for 2011
• Shares of Zoll Medical Corporation
(NASDAQ:ZOLL) advanced 22.94% to end the day at $43.84 after the
defibrillator-maker forecasted its revenue for 2012, which exceeded
Street’s estimates
ALCOA INC (AA): Free Stock Analysis Report
ACCO BRANDS CP (ABD): Free Stock Analysis Report
AMER TOWER CORP (AMT): Free Stock Analysis Report
CADENCE PHARMA (CADX): Free Stock Analysis Report
EMBRAER AIR-ADR (ERJ): Free Stock Analysis Report
FOOT LOCKER INC (FL): Free Stock Analysis Report
MICRON TECH (MU): Free Stock Analysis Report
MEADWESTVACO CP (MWV): Free Stock Analysis Report
CHILDRENS PLACE (PLCE): Free Stock Analysis Report
RAMBUS INC (RMBS): Free Stock Analysis Report
SEARS HLDG CP (SHLD): Free Stock Analysis Report
ZOLL MEDICAL CO (ZOLL): Free Stock Analysis Report
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