Company News for September 9, 2011 - Corporate Summary
09 September 2011 - 7:10PM
Zacks
• Smithfield Foods (NYSE:SFD) posted Q1 EPS of
$0.69, surpassing the Zacks Consensus Estimate of $0.68 per share.
Revenues for the quarter rose 6.6% year-over-year to $3.09
billion
• PerkinElmer, Inc. (NYSE:PKI) said it will
acquire Caliper Life Sciences Inc. (NASDAQ:CALP) in a deal worth
about $600 million. Following this development, shares of the
genomic-detection tech maker advanced 41.14% to close at $10.43
• Shares of retailer Casey’s General Stores, Inc.
(NASDAQ:CASY) declined 6.54% after the company reported
first-quarter earnings results that came in below the Street’s
expectations
• Zagat, which provides reviews of bars,
restaurants and shopping locations, will be acquired by Google
(NASDAQ:GOOG). However, Google remained silent on the terms and
conditions of the deal
• Clothing and luggage maker G-III Apparel Group,
Ltd.’s (NASDAQ:GIII) share prices fell 16.89% after the company
projected third quarter earnings below expectations
• Achillion Pharmaceuticals (NASDAQ:ACHN) shares
increased 8.39% to close at $6.20 after analysts at Piper Jaffray
(NYSE:PJC) initiated coverage on shares of the company with an
"Overweight" rating
• Analysts at Rodman & Renshaw initiated
shares of Silicom Limited (NASDAQ:SILC) with a "Market Outperform"
rating and a target price of $20
• Gramercy Capital's (NYSE:GKK) shares rose
13.06% after a report claimed that 133,000 shares of Gramercy
Capital were purchased by Indaba Capital Fund for $3.13 per
share
ACHILLION PHARM (ACHN): Free Stock Analysis Report
CALIPER LIFE SC (CALP): Free Stock Analysis Report
CASEYS GEN STRS (CASY): Free Stock Analysis Report
G-III APPAREL (GIII): Free Stock Analysis Report
GRAMERCY CAP CP (GKK): Free Stock Analysis Report
GOOGLE INC-CL A (GOOG): Free Stock Analysis Report
PIPER JAFFRAY (PJC): Free Stock Analysis Report
PERKINELMER INC (PKI): Free Stock Analysis Report
SMITHFIELD FOOD (SFD): Free Stock Analysis Report
SILICOM LIMITED (SILC): Free Stock Analysis Report
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