Company News for January 12, 2012 - Corporate Summary
January 12 2012 - 4:00AM
Zacks
• Raymond James Financial Inc. (NYSE:RJF)
announced that it will acquire Morgan Keegan & Co. Inc., the
brokerage subsidiary of Regions Financial Corp. (NYSE:RF) for $930
million. Following this development, shares of Regions Financial
advanced 2.13%
• Grocery store operator Supervalu Inc.
(NYSE:SVU) reported a higher third quarter net loss due to
continued high food prices and a turnaround plan costs. Share of
the company fell 12.51% to finally settle at $7.34 a share
• Share prices of photography icon Eastman Kodak
Co (NYSE:EK) surged 35.83% to close at $0.815 after the company
filed a patent infringement suit against tech giant Apple
(NASDAQ:AAPL) and HTC of Taiwan
• Israeli company Elbit Imaging Ltd.’s
(NASDAQ:EMITF) U.S. listed share prices rocketed up more than 27%
after the company announced it was selling 47 shopping centre in
the US for $1.43 billion
• U.S. listed shares of Chinese internet-tv
company Youku Inc. (NYSE:YOKU) advanced 11.36% a day after the
company signed an agreement with Twentieth Century Fox Home
Entertainment (NASDAQ:NWSA) to license 250 films
• Shares of Franklin Resources Inc. (NYSE:BEN)
fell 5.04% to close at $96.67 after the mutual-fund manager's
assets under management dropped last month
APPLE INC (AAPL): Free Stock Analysis Report
FRANKLIN RESOUR (BEN): Free Stock Analysis Report
EASTMAN KODAK (EK): Free Stock Analysis Report
NEWS CORP INC-A (NWSA): Free Stock Analysis Report
REGIONS FINL CP (RF): Free Stock Analysis Report
RAYMOND JAS FIN (RJF): Free Stock Analysis Report
SUPERVALU INC (SVU): Free Stock Analysis Report
YOUKU.COM- ADR (YOKU): Free Stock Analysis Report
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