Company News for January 27, 2012 - Corporate Summary
January 27 2012 - 4:00AM
Zacks
• Equipment-rental company United Rentals
Inc's. shares (NYSE:URI) rose 8.92% to close at $37.87 after the
company's fourth-quarter earnings figures came in higher than
analysts’ forecasts
• Semiconductor maker LSI Corp's. share prices
(NYSE:LSI) advanced 10.88% a day after the company projected
first-quarter sales above market estimates
• Share prices of J.C. Penney (NYSE:JCP) rocketed
up 18.79% to close the day at $40.72 after the retailer rolled out
a new pricing strategy. The departmental store chain also has plans
to physically refurbish its stores
• Online movie and video rental company Netflix,
Inc's (NASDAQ:NFLX) share prices surged more than 22% after the
company reported strong subscriber rates during the quarter
• Online brokerage and financial-services company
E-Trade Financial Corp's. (NASDAQ:ETFC) share prices declined
14.64% to $7.99 a share after its fourth quarter revenue figures
came in below the Street's expectations
• SanDisk Corp's. (NASDAQ:SNDK) share prices fell
11.37% after the flash-memory supplier warned that weaker demand
could lower its revenue in the first half of the fiscal
• National cable TV provider Time Warner Cable
Inc's. (NYSE:TWC) shares increased 7.81% after the company posted
earnings that topped analysts' estimates. Additonally, the company
raised its dividend 17% to 56 cents per share and also announced
plans to buy back its shares
E TRADE FINL CP (ETFC): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
LSI CORP (LSI): Free Stock Analysis Report
NETFLIX INC (NFLX): Free Stock Analysis Report
SANDISK CORP (SNDK): Free Stock Analysis Report
TIME WARNER CAB (TWC): Free Stock Analysis Report
UTD RENTALS INC (URI): Free Stock Analysis Report
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