(APOG) Company News for June 23, 2011 – Corporate Summary

•    Shares of Robbins & Myers, Inc. (NYSE:RBN) jumped 8.77% on strong fiscal third-quarter profits. The energy equipment supplier said strong customer demand and the recent acquisition of oilfield services has helped the company’s increase its profits

•    Shares of Jabil Circuit (NYSE:JBL) gained 3.18% to close at $19.45 after the company posted earnings that doubled from the previous year. The company also initiated buyback of $200 million of stock

•    Apogee Enterprises (NASDAQ:APOG) reported a Q1 loss of $0.08 per share. Revenues increased 7.2% year-over-year to $153.3 million, surpassing the Zacks Consensus Estimate of $147.0 million

•    Share prices of shipping service giant FedEx (NYSE:FDX) rose 2.59% after the company posted earnings that came in above analysts’ expectations. The company also projected robust earnings growth for 2012

•    DENTSPLY International (NASDAQ:XRAY) said it has agreed to acquire the dental implants and medical devices unit of  AstraZeneca’s (NYSE:AZN) in a deal worth $1.8 billion in cash

•    Internet giant Yahoo! (NASDAQ:YHOO) said it is close to resolving a dispute with Alibaba over its online e-payment segment-Alipay

•    Analysts at Credit Suisse (NYSE:CS) upgraded Biogen Idec Inc. (NASDAQ:BIIB) to “Underperform” rating from “Neutral” rating with a target price of $126.00

•    Shares of F5 Networks (NASDAQ:FFIV) were upgraded by analysts at Barclays Capital to an “Overweight” rating from an “Equal weight” rating. Barclays Capital also raised the target price of the stock from $110 to $125

•    Analysts at Deutsche Bank (NYSE:DB) upgraded Western Refining, Inc. (NYSE:WNR) to “Buy” rating from “Hold” rating with a target price of $24

•    Shares of SCBT Financial Co. (NASDAQ:SCBT) were upgraded by Wunderlich to “Buy” rating from “Hold” rating. SCBT Financial also raised the target price of the stock from $35 to $36

APOGEE ENTRPRS (APOG): Free Stock Analysis Report

ASTRAZENECA PLC (AZN): Free Stock Analysis Report

BIOGEN IDEC INC (BIIB): Free Stock Analysis Report

CREDIT SUISSE (CS): Free Stock Analysis Report

DEUTSCHE BK AG (DB): Free Stock Analysis Report

FEDEX CORP (FDX): Free Stock Analysis Report

F5 NETWORKS INC (FFIV): Free Stock Analysis Report

JABIL CIRCUIT (JBL): Free Stock Analysis Report

ROBBINS & MYERS (RBN): Free Stock Analysis Report

SCBT FINL CP (SCBT): Free Stock Analysis Report

WESTERN REFING (WNR): Free Stock Analysis Report

DENTSPLY INTL (XRAY): Free Stock Analysis Report

YAHOO! INC (YHOO): 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.

Comments

Powered by Facebook Comments


Similar Posts: | | | | | | | | | | | | | | | | | | | | | | | | | | General Building Materials | Industrial Goods

RSS feeds: APOG | Apogee Enterprises Inc. | AstraZeneca plc | AZN | BIIB | Biogen Idec Inc | Credit Suisse Group | CS | DB | DENTSPLY International Inc | Deutsche Bank AG | F5 Networks Inc. | FDX | FedEx Corporation | FFIV | Jabil Circuit Inc. | JBL | RBN | Robbins & Myers Inc | SCBT | SCBT Financial Corporation | Western Refining Inc. | WNR | XRAY | Yahoo! Inc. | YHOO | General Building Materials | Industrial Goods |

Other Posts by | RSS Feed for this author