Company News for October 17, 2011 - Corporate Summary
October 17 2011 - 5:06AM
Zacks
• Billionaire investor Carl Icahn has acquired a
10% stake in Navistar International Corp. (NYSE:NAV)
• Retailer Gap Inc. (NYSE:GPS) is planning to
shut down more than one fifth of its North American stores by the
close of 2013, and would expand its presence in China
• Mattel Inc. (NASDAQ:MAT) reported third quarter
earnings of $0.86 per share and net income of $300.8 million,
compared with $0.77 per share or $283.3 million last year
• Google Inc. (NASDAQ:GOOG) surpassed the
Street’s expectations and recorded revenues of $9.72 billion, up
33.4% on a yearly basis. The search-engine giant’s third-quarter
earnings jumped 26% to $2.73 billion
• Apple Inc.’s (NASDAQ:AAPL) latest version of
iPhone, iPhone 4S, went on sale
• JMP Securities initiated coverage on Green Dot
Corporation (NYSE:GDOT) with an “Outperform” rating
• Macquarie initiated coverage on International
Business Machines Corp. (NYSE:IBM) with an “Outperform” rating
• Oppenheimer downgraded Harris Corp. (NYSE:HRS)
to “Perform” from an “Outperform” rating
APPLE INC (AAPL): Free Stock Analysis Report
GREEN DOT CP-A (GDOT): Free Stock Analysis Report
GOOGLE INC-CL A (GOOG): Free Stock Analysis Report
GAP INC (GPS): Free Stock Analysis Report
HARRIS CORP (HRS): Free Stock Analysis Report
INTL BUS MACH (IBM): Free Stock Analysis Report
MATTEL INC (MAT): Free Stock Analysis Report
NAVISTAR INTL (NAV): Free Stock Analysis Report
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