(AGNC) Company News for June 28, 2011 – Corporate Summary

•    Shares of online company Amazon.com, Inc. (NASDAQ:AMZN) gained 4.52% after analysts at Morgan Stanley (NYSE:MS) opined that the company’s fourth quarter profits and margins will outperform the Street’s expectations

•    Share prices of Icagen, Inc. (NASDAQ:ICGN) zoomed up 163.76% to close at $6.33 after Pfizer Inc. (NYSE:PFE) disclosed that the drug manufacturer is planning to enter into a strategic alliance with Icagen

•    The Board of directors of LDK Solar Co (NYSE:LDK) has authorized the repurchase of up to $110 million of American Depositary Shares

•    Share prices of Universal Forest Products, Inc. (NASDAQ:UFPI) shed 9.71% after the company said it will initiate a cost-cutting program because of declining sales this year

•    Fitch Ratings downgraded the credit rating of Best Buy Co (NYSE:BBY) due to  lower stores sales and feeble performance compared to its competitors

•    Analysts at Barclays Capital initiated coverage on shares of DreamWorks Animation SKG (NASDAQ:DWA) with an “Underweight” rating, citing falling revenue generation from its DVD business and weak activity in the 3D tech space

•    Analysts at Ticonderoga Securities downgraded Molex Inc. (NASDAQ:MOLX) from “Neutral” rating to “Sell” rating, citing weak economic growth which has reduced the demand for its products

•    Analysts at JMP Securities upgraded real estate investment trust American Capital Agency Corp. (NASDAQ:AGNC) to “Outperform” rating  from “Market Perform” rating

•    Shares of Expeditors International Of Washington, Inc. (NASDAQ:EXPD) were upgraded by analysts at Robert W. Baird to “Outperform” rating with a target price of $60

AMER CAP AGENCY (AGNC): Free Stock Analysis Report

AMAZON.COM INC (AMZN): Free Stock Analysis Report

BEST BUY (BBY): Free Stock Analysis Report

DREAMWORKS ANIM (DWA): Free Stock Analysis Report

EXPEDITORS INTL (EXPD): Free Stock Analysis Report

ICAGEN INC (ICGN): Free Stock Analysis Report

LDK SOLAR CO (LDK): Free Stock Analysis Report

MOLEX INC (MOLX): Free Stock Analysis Report

MORGAN STANLEY (MS): Free Stock Analysis Report

PFIZER INC (PFE): Free Stock Analysis Report

UNIVL FST PRODS (UFPI): 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: | | | | | | | | | | | | | | | | | | | | | | Financial | REIT - Residential

RSS feeds: AGNC | Amazon.com Inc | American Capital Agency Corporation | AMZN | BBY | Best Buy Company Inc | DreamWorks Animation SKG Inc. | DWA | EXPD | Expeditors International of Washington Inc | ICAgen Inc | ICGN | LDK | LDK Solar CompanyLimited | Molex Inc. | MOLX | Morgan Stanley | MS | PFE | Pfizer Inc. | UFPI | Universal Forest Products Inc. | Financial | REIT - Residential |

Other Posts by | RSS Feed for this author