Company News for September 22, 2011 - Corporate Summary
September 22 2011 - 5:10AM
Zacks
• General Mills (NYSE:GIS)
posted Q1 EPS of $0.64, above the Zacks Consensus Estimate of $0.63
per share. Revenues for the quarter rose 9% year-over-year to $3.85
billion
• Share prices of Analogic Corp. (NASDAQ:ALOG)
advanced 4.38% after the company reported fourth-quarter earnings
that came in above market expectations
• Pharma-company Orexigen Therapeutics Inc.'s
(NASDAQ:OREX) shares sky rocketed 48.98% to close at $2.19 after
the drug developer announced that it has entered into an agreement
with regulators which will enable the company to renew development
of its obesity drug
• Share prices of coal producer Alpha Natural
Resources Inc. (NYSE:ANR) declined 17.16% a share after the company
lowered its shipments outlook for 2011
• SunTrust Robinson Humphrey Inc. downgraded
Atlas Air Worldwide Holdings Inc (NASDAQ:AAWW) from "Buy" rating to
"Neutral" rating. Following the downgrade, share prices of the
freight carrier for airlines fell 13.33% to close at $37.65
• Investment banker Jefferies Group Inc.’s
(NYSE:JEF) shares declined 7.89% after analysts at Goldman Sachs
(NYSE:GS) trimmed estimates for third-quarter earnings
• Pacific Biosciences of California (NASDAQ:PACB)
announced its decision to reduce its total workforce by 28%.
Following this development, the share prices of the company fell
down 23.56%
• Shares of Walter Energy, Inc. (NYSE:WLT) fell
11.67% after the coal company projected third-quarter income lower
than the Street’s expectations
ATLAS AIR WORLD (AAWW): Free Stock Analysis Report
ANALOGIC CORP (ALOG): Free Stock Analysis Report
ALPHA NATRL RES (ANR): Free Stock Analysis Report
GENL MILLS (GIS): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
JEFFERIES GP-NW (JEF): Free Stock Analysis Report
OREXIGEN THERAP (OREX): Free Stock Analysis Report
PACIFIC BIOSCI (PACB): Free Stock Analysis Report
WALTER ENERGY (WLT): Free Stock Analysis Report
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