Company News for August 30, 2011 - Corporate Summary
August 30 2011 - 5:10AM
Zacks
• Bank of America (NYSE:BAC)
shares increased 8.12% to close at $8.39 after the bank disclosed
it would be selling half of its holdings to China Construction Bank
Corp in order to raise capital
• Share prices of insurer The Allstate Corp.
(NYSE:ALL) advanced 8.50% to close at $26.30 after estimates showed
property damage from Hurricane Irene was relatively lower
• Crosshair Exploration & Mining (AMEX:CXZ)
has told Australian American Mining Corp. Limited that it wishes to
acquire its United States uranium assets. As per the proposal,
AusAm will get US$12.85 million payable in Crosshair shares
• Share prices of Samson Oil & Gas (AMEX:SSN)
gained 3.83% after exploration company was awarded 956 net acres of
leasehold land on conditional basis by the University of
Wyoming
• Pharma giants Bristol-Myers Squibb (NYSE:BMY)
and Pfizer (NYSE:PFE) said their drug ELIQUIS was better than
Warfarin for the reduction of stroke with much lower major
bleeding
• Share prices of AMR Corp. (NYSE:AMR) increased
8.59% after analysts at Ticonderoga Securities upgraded its rating
on the parent company of American Airlines from "Sell" rating to
"Neutral" rating
• Analysts at BB&T Capital Markets upgraded
shares of Barnes Group Inc. (NYSE:B) to "Buy" rating
from "Hold" rating
• A report in Barron's said that maker of Nine
West shoes, Jones Group Inc. (NYSE:JNY) could almost double its
value. Following this development, shares of the company advanced
8.44% to close at $11.44
ALLSTATE CORP (ALL): Free Stock Analysis Report
AMR CORP (AMR): Free Stock Analysis Report
BARNES GRP (B): Free Stock Analysis Report
BANK OF AMER CP (BAC): Free Stock Analysis Report
BRISTOL-MYERS (BMY): Free Stock Analysis Report
JONES GROUP INC (JNY): Free Stock Analysis Report
PFIZER INC (PFE): Free Stock Analysis Report
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