Company News for July 28, 2011 - Corporate Summary
28 Juli 2011 - 11:10AM
Zacks
• Boeing (NYSE:BA) reported
Q2 EPS of $1.25, beating the Zacks Consensus Estimate of $0.97 per
share. Revenues for the quarter rose 6.2% year-over-year to $ 16.5
billion
• Thermo Fisher (NYSE:TMO) reported Q2 EPS of
$0.99, ahead of the Zacks Consensus Estimate of $0.98 per share.
Revenues for the quarter rose 11.5% year-over-year to $2.90
billion, exceeding the Zacks Consensus Estimate of $2.81
billion
• Arcelor Mittal (NYSE:MT) reported Q2 EPS of
$0.99, surpassing the Zacks Consensus Estimate of $0.94 per share.
Revenues for the quarter rose 24.7% year-over-year to $25.13
billion, lower than the Zacks Consensus Estimate of $25.3
billion
• Shares of Juniper Networks, Inc. (NYSE:JNPR)
plunged 20.89% after the Internet networking equipment provider's
sales and profit for the second quarter came in below estimates
• Online media company IAC/Interactive
Corp.’s (NASDAQ:IACI) shares gained 11.25% after the company
posted better than expected quarterly earnings figures
• Shares of cloud-computing solutions provider
Keynote Systems, Inc. (NASDAQ:KEYN) gained 10.61% after the company
reported strong third quarter results and projected fourth quarter
earnings above the Street’s estimates
• Share prices of pharma-company Questcor
Pharmaceuticals, Inc. (NASDAQ:QCOR) gained 24.81% after the company
posted second-quarter earnings that came in above expectations
• Analysts at Howard Weil downgraded Patriot Coal
Corp (NYSE:PCX) to “Market Perform” rating from “Outperform”
rating, reducing the target price to $26.00 from $33.00
• Analysts at Barclays Capital downgraded Lender
Processing Services Incorporated (NYSE:LPS) from “Overweight”
rating to “Equal Weight” rating with a target price of $20.00 on
the stock
• Shares of Range Resources (NYSE:RRC) were
downgraded by analysts of Keybanc from “Buy” rating to "Hold"
rating
• Shares of Sinclair Broadcast Group Inc
(NASDAQ:SBGI) were downgraded by JPMorgan Chase & Co.
(NYSE:JPM) from “Overweight” rating to “Neutral” rating
BOEING CO (BA): Free Stock Analysis Report
IAC/INTERACTIV (IACI): Free Stock Analysis Report
JUNIPER NETWRKS (JNPR): Free Stock Analysis Report
JPMORGAN CHASE (JPM): Free Stock Analysis Report
KEYNOTE SYSTEMS (KEYN): Free Stock Analysis Report
LENDER PROC SVC (LPS): Free Stock Analysis Report
ARCELOR MITTAL (MT): Free Stock Analysis Report
PATRIOT COAL CP (PCX): Free Stock Analysis Report
QUESTCOR PHARMA (QCOR): Free Stock Analysis Report
RANGE RESOURCES (RRC): Free Stock Analysis Report
SINCLAIR BROADC (SBGI): Free Stock Analysis Report
THERMO FISHER (TMO): Free Stock Analysis Report
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