Company News for August 2, 2011 - Corporate Summary
August 02 2011 - 5:10AM
Zacks
• Allstate Corporation (NYSE:ALL) reported Q2
loss of $1.23, lower than the Zacks Consensus Estimate of $1.53 per
share. Revenues for the quarter increased by 5% year-over-year to
$8.08 billion, exceeding the Zacks Consensus Estimate of $6.91
billion
• Auxilium Pharmaceuticals (NASDAQ:AUXL) posted a
Q2 loss of $0.11 per share, less than the analysts' estimate for a
loss of $0.19 per share. Revenues for the quarter increased 30.5%
year-over-year to $65.9 million
• Humana (NYSE:HUM) reported Q2 EPS of $2.50,
beating the Zacks Consensus Estimate of $2.07 per share. Revenues
increased 8.1% year-over-year to $9.28 billion, lower than the
Zacks Consensus Estimate of $9.32 billion
• Acorda Therapeutics (NASDAQ:ACOR) posted Q2 EPS
of $0.01. Revenues for the pharma company rose 52.6% year-over-year
to $65.3 million
• Share prices of Old National Bancorp.
(NYSE:ONB) gained 7.25% after the bank-holding company posted
second quarter earnings results that came in above expectations
• PAETEC Holding Corp (NASDAQ:PAET) agreed to be
acquired by Windstream Corp for a deal valued at $891 million.
Reacting to the news, shares of PAETEC increased 20.59%
• Share prices of blood-processing device maker,
Haemonetics Corp. (NYSE:HAE) fell 10.90% after the company lowered
its earnings forecast for the 2011 fiscal
• Analysts at Jefferies upgraded shares of Jazz
Pharmaceuticals (NASDAQ:JAZZ) to "Buy" rating from "Hold" rating
and also increased the target price of the company to $52 from
$29
• Shares of Key Energy (NYSE:KEG) were upgraded
by Weeden to “Buy” rating from "Hold” rating with a target price of
$26.00
ACORDA THERAPT (ACOR): Free Stock Analysis Report
ALLSTATE CORP (ALL): Free Stock Analysis Report
AUXILIUM PHARMA (AUXL): Free Stock Analysis Report
HAEMONETICS CP (HAE): Free Stock Analysis Report
HUMANA INC NEW (HUM): Free Stock Analysis Report
JAZZ PHARMACEUT (JAZZ): Free Stock Analysis Report
KEY ENERGY SVCS (KEG): Free Stock Analysis Report
OLD NATL BCP (ONB): Free Stock Analysis Report
PAETEC HOLDING (PAET): Free Stock Analysis Report
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