(ANGO) Company News for June 16, 2011 – Corporate Summary

•    Share prices of Scotts Miracle-Gro Company (NYSE:SMG) dipped 6.02% after the company reduced its earnings estimate for the fiscal year 2011

•    Shares of Owens-Illinois (NYSE:OI) dropped 13.54% to close at $25.54 after the company said its second quarter earnings figures could fall due to a jump in manufacturing and delivery expenses

•    Johnson & Johnson (NYSE:JNJ) is reportedly pulling out of the drug-coated heart stent market because of continually declining sales. The global market for this segment is valued at $4 billion

•    Analysts at Jefferies & Co. initiated coverage on shares of General Mills, Inc. (NYSE:GIS) with “Hold” rating and a target price of $40

•    Analysts at Jefferies & Co. initiated coverage on Shares of Kellogg (NYSE:K) with “Underperform” rating and also lowered the target price of the stock to $47

•    Analysts at Auriga downgraded Myriad Genetics (NASDAQ:MYGN) to “Hold” rating from “Buy” rating, cutting the target price to $25 from $27

•    Analysts at Wedbush downgraded shares of Ceradyne (NASDAQ:CRDN) to “Neutral” rating from “Outperform” rating

•    Analysts at Wedbush downgraded shares of AngioDynamics (NASDAQ:ANGO) to an “Underperform” rating

•    Wells Fargo upgraded Hospitality Properties Trust (NYSE:HPT) to “Outperform” rating from “Market Perform” rating

•    Pharma company AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) has priced its public offering of 5.75 million shares at $17.50 per share.  This offering is expected to bring in $100.6 million before expenses, which will be used for general corporate needs

ANGIODYNAMICS (ANGO): Free Stock Analysis Report

AVEO PHARMACEUT (AVEO): Free Stock Analysis Report

CERADYNE INC (CRDN): Free Stock Analysis Report

GENL MILLS (GIS): Free Stock Analysis Report

HOSPITALITY PRP (HPT): Free Stock Analysis Report

JOHNSON & JOHNS (JNJ): Free Stock Analysis Report

KELLOGG CO (K): Free Stock Analysis Report

MYRIAD GENETICS (MYGN): Free Stock Analysis Report

OWENS-ILLINOIS (OI): Free Stock Analysis Report

SCOTTS MIRCL-GR (SMG): Free Stock Analysis Report

Zacks Investment Research

About vitalstocks

This is a sample profile field. Vitalstocks is the operating company for Stockbloghub. This will place the picture of the author or company in the profile. Here is another extra line of information.


Powered by Facebook Comments

Similar Posts: | | | | | | | | | | | | | | | | | | Healthcare

RSS feeds: AngioDynamics Inc | ANGO | Ceradyne Inc. | CRDN | General Mills Inc. | GIS | Hospitality Properties Trust | HPT | JNJ | Johnson & Johnson | K | Kellogg Company | MYGN | Myriad Genetics Inc. | OI | Owens-Illinois Inc. | SMG | The Scotts Miracle-Gro Company | Healthcare |

Other Posts by | RSS Feed for this author