(BGC) Company News for August 3, 2011 – Corporate Summary

•    Westlake Chemical Corporation (NYSE:WLK) posted Q2 EPS of $1.21, beating analysts’ estimates of $1.19 per share. Revenues rose 13% year-over-year to $925.0 million

•    Engineering company Foster Wheeler AG’s (NASDAQ:FWLT) shares rose 2.12% to close at $27.02 after the company posted second-quarter earnings that came in above the Street’s expectations

•    Share prices of Herbalife Ltd. (NYSE:HLF) increased 5.69% after the nutritional-supplement seller forecasted third-quarter earnings beating analysts’ estimates

•    Pfizer (NYSE:PFE) reported adjusted Q2 EPS of $0.60, marginally ahead of the Zacks Consensus Estimate of $0.59 per share. Revenues for the quarter fell 1% to $17.0 billion, in line with the Zacks Consensus Estimate

•    General Cable Corp.’s  (NYSE:BGC) share prices declined by 17.67% after the wire maker’s second quarter profit and revenue figures came in behind estimates

•    Share prices of drug developer II-VI, Inc.’s (NASDAQ:IIVI) fell 12.64% to $22.02 after the company issued its guidance for the first quarter below expectations

•    Benchmark downgraded shares of  eResearch Technology, Inc. (NYSE:ERT) to “Hold” rating from “Buy” rating and also lowering the target price to $6.50

•    Shares of Wal-Mart Stores, Inc. (NYSE:WMT) were downgraded by Goldman Sachs (NYSE:GS) analysts to “Hold” rating. The analysts also set a target price of $56.00 on the share prices of the retailer

•    Analysts at JP Morgan (NYSE:JPM) downgraded shares of Shire Plc. (ADR) (NASDAQ:SHPGY) to “Neutral” rating from “Overweight” rating

GENL CABLE CORP (BGC): Free Stock Analysis Report

ERESEARCH TECH (ERT): Free Stock Analysis Report

FOSTER WHELR AG (FWLT): Free Stock Analysis Report

GOLDMAN SACHS (GS): Free Stock Analysis Report

HERBALIFE LTD (HLF): Free Stock Analysis Report

II-VI INCORP (IIVI): Free Stock Analysis Report

JPMORGAN CHASE (JPM): Free Stock Analysis Report

PFIZER INC (PFE): Free Stock Analysis Report

SHIRE PLC-ADR (SHPGY): Free Stock Analysis Report

WESTLAKE CHEM (WLK): Free Stock Analysis Report

WAL-MART STORES (WMT): 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: | | | | | | | | | | | | | | | | | | | | Industrial Electrical Equipment | Industrial Goods

RSS feeds: BGC | Foster Wheeler AG | FWLT | General Cable Corporation | Goldman Sachs Group | GS | Herbalife Limited | HLF | II-VI Inc | IIVI | JPM | JPMorgan Chase & Company | PFE | Pfizer Inc. | Shire Limited | SHPGY | Wal-Mart Stores Inc. | Westlake Chemical Corporation | WLK | WMT | Industrial Electrical Equipment | Industrial Goods |

Other Posts by | RSS Feed for this author