(ACIW) Company News for July 27, 2011 – Corporate Summary

•    Ford (NYSE:F) reported Q2 EPS of $0.65, ex-items, exceeding the Zacks Consensus Estimate of $0.60 per share. Revenues from the auto sector rose 16.3% year-over-year to $33.5 billion, beating the Zacks Consensus Estimate of $31.8 billion

•    Amazon.com (NASDAQ:AMZN) reported Q2 EPS of $0.41 per share, beating the Zacks Consensus Estimate for $0.37. Net sales for the quarter increased 51% year over year to $9.91 billion, above the Zacks Consensus Estimate for $9.37 billion

•    Sanmina-SCI Corp.’s (NASDAQ:SANM) share prices rocketed 21.37% after the electronics contract manufacturer posted its third-quarter earnings results which exceeded the Street’s expectations

•    Analysts at Citi (NYSE:C) upgraded shares of optical networking equipment maker Finisar Corporation (NASDAQ:FNSR) from “Hold” rating to “Buy” rating

•    U.S.-listed share prices of Chinese search engine Baidu.com, Inc. (NASDAQ:BIDU) gained 5% after the company’s third quarter sales came in above expectations

•    Shares of Lexmark International, Inc. (NYSE:LXK) surged 17.65% after the manufacturer of printers posted its second quarter earnings figures topping market estimates

•    Electric retailer RadioShack Corp. (NYSE:RSH) announced that it would offer products and services from Verizon Wireless starting mid-September. Following this development, shares of the company gained 19.86% to close at $15.69

•    ACI Worldwide Inc (NASDAQ:ACIW) announced its plans to buy financial services software provider S1 Corp.  (NASDAQ:SONE) for $540 million in cash and stock. ACI Worldwide is a provider of payment software

•    Hershey Foods (NYSE:HSY) reported Q2 EPS of $0.56, ex-items, marginally above the Zacks Consensus Estimate of $0.55 per share. Revenues rose 7.5% year-over-year to $1.32 billion

•    Jacobs Engineering Group (NYSE:JEC) reported Q3 EPS of $0.71, marginally higher than the Zacks Consensus Estimate of $0.70 per share. Revenues for the quarter rose 9.4% year-over-year to $2.74 billion

•    Weatherford (NYSE:WFT) reported Q2 EPS of $0.17, above the Zacks Consensus Estimate of $0.15 per share. Revenues for the quarter rose 25.2% year-over-year to $3.05 billion, beating the Zacks Consensus Estimate of $2.898 billion

ACI WORLDWIDE (ACIW): Free Stock Analysis Report

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

BAIDU INC (BIDU): Free Stock Analysis Report

CITIGROUP INC (C): Free Stock Analysis Report

FORD MOTOR CO (F): Free Stock Analysis Report

FINISAR CORP (FNSR): Free Stock Analysis Report

HERSHEY CO/THE (HSY): Free Stock Analysis Report

JACOBS ENGIN GR (JEC): Free Stock Analysis Report

LEXMARK INTL (LXK): Free Stock Analysis Report

RADIOSHACK CORP (RSH): Free Stock Analysis Report

SANMINA-SCI CP (SANM): Free Stock Analysis Report

S1 CORPORATION (SONE): Free Stock Analysis Report

WEATHERFORD INT (WFT): Free Stock Analysis Report

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