Company News for November 16, 2011 - Corporate Summary
16 November 2011 - 8:10PM
Zacks
• Share prices of
Netlist Inc. (NASDAQ:NLST) rocketed up 21.28% a day after the
company said it has signed a business agreement with
Hewlett-Packard Co. (NYSE:HPQ) and IBM Corp (NYSE:IBM)
• Credit rating agency Fitch Ratings said it will
cut debt ratings of AMR Corporation (NYSE:AMR) if the management of
American Airlines and pilots do not urgently conclude a contract
agreement. Following the development, shares of AMR Corp plummeted
10.28% to close the day at $1.92
• Home Depot (NYSE:HD) posted Q3 EPS of $0.60,
beating the Zacks Consensus Estimate by a penny. Revenues for the
quarter increased by 4.4% to $17.33 billion, topping the Zacks
Consensus Estimate of $17.12 billion
• Dell (NASDAQ:DELL) posted Q3 EPS of $0.49
beating analysts’ expectations for $0.47 per share. Revenues of the
company came in at $15.37 billion
• Autodesk (NASDAQ:ADSK) reported Q3 EPS of
$0.44, surpassing the Zacks Consensus Estimate of $0.35 per share.
Revenues for the quarter rose 15.1% year-over-year to $548.60
million
• Wal-Mart (NYSE:WMT) posted Q3 EPS of $0.97,
slightly lower than analyst estimates of $0.98 per share. Revenues
for the quarter came in at $109.52 billion
• Goldman Sachs upgraded shares of Check Point
Software Technologies Ltd. (NASDAQ:CHKM) to its Conviction Buy
list. Earlier, shares of the company were rated "Neutral"
• RBC Capital upgraded shares of Riverbed
Technology (NASDAQ:RVBD) to "Outperform" rating from "Sector
Perform" rating
• Social networking company Quepasa Corp.’s
(AMEX:QPSA) shares tumbled 9.62% after the company posted a
wider-than-expected loss in the third quarter
• Shares of Staples, Inc. (NASDAQ:SPLS) declined
3.64% after revenues for the retailer of office-supplies came in
below expectations. The company also lowered its outlook for fiscal
2011
AUTODESK INC (ADSK): Free Stock Analysis Report
AMR CORP (AMR): Free Stock Analysis Report
CHESAPEAKE MIDS (CHKM): Free Stock Analysis Report
DELL INC (DELL): Free Stock Analysis Report
HOME DEPOT (HD): Free Stock Analysis Report
NETLIST INC (NLST): Free Stock Analysis Report
RIVERBED TECH (RVBD): Free Stock Analysis Report
STAPLES INC (SPLS): Free Stock Analysis Report
WAL-MART STORES (WMT): Free Stock Analysis Report
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