Company News for September 23, 2011 - Corporate Summary
September 23 2011 - 5:10AM
Zacks
• Meg Whitman has been named the new Chief
Executive Officer of Hewlett Packard (NYSE:HPQ). Whitman was
formerly CEO of online auction and shopping site eBay
(NASDAQ:EBAY)
• FedEx (NYSE:FDX) posted fiscal Q1 EPS of $1.46,
falling short of the Zacks Consensus Estimate by a penny. Revenue
rose 11% year-over-year to $10.52 billion, surpassing the Zacks
Consensus Estimate of $10.33 billion
• United Technologies (NYSE:UTX) said it will buy
Goodrich Corp (NYSE:GR) for a total consideration of $18.4 billion
or $127.50 per share
• Used cars retailer CarMax (NYSE:KMX) posted
fiscal Q2 EPS of $0.49 cents. The revenue of the company increased
11% to $2.59 billion
• Opko Health Inc. (AMEX:OPK) will sell off its
ophthalmic instrumentation business to OPTOS Inc in a deal worth
$17.5 million in cash plus future royalties
• Share prices of Red Hat, Inc. (NYSE:RHT) gained
2.98% after the business-software provider’s second-quarter income
numbers came in above the Street’s expectations
• According to Reuters, an analyst at Morningstar
has suggested that TreeHouse Foods (NYSE:THS) could be a potential
takeover target for ConAgra Foods (NYSE:CAG)
• Share prices of material and construction
company Foster Wheeler AG (NASDAQ:FWLT) dropped 12.60% to close at
$17.41 on fears of a possible slowdown in China
• Makers of computer mouse Logitech International
SA’s (NASDAQ:LOGI) shares fell 11.67% to $7.72 after the
company lowered its profit and sales forecast for 2011
• Share prices of Yanzhou Coal Mining Co.
(NYSE:YZC) dropped 12.33% to close at $21.34 due to fears of a
slowdown in the Chinese economy
CONAGRA FOODS (CAG): Free Stock Analysis Report
EBAY INC (EBAY): Free Stock Analysis Report
FEDEX CORP (FDX): Free Stock Analysis Report
FOSTER WHELR AG (FWLT): Free Stock Analysis Report
GOODRICH CORP (GR): Free Stock Analysis Report
HEWLETT PACKARD (HPQ): Free Stock Analysis Report
CARMAX GP (CC) (KMX): Free Stock Analysis Report
LOGITECH INTL (LOGI): Free Stock Analysis Report
RED HAT INC (RHT): Free Stock Analysis Report
TREEHOUSE FOODS (THS): Free Stock Analysis Report
UTD TECHS CORP (UTX): Free Stock Analysis Report
YANZHOU COAL (YZC): Free Stock Analysis Report
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