(COP) Company News for December 28, 2011 – Corporate Summary

•    Share prices of oil and gas company Endeavour International Corp (NYSE:END) increased 24.06% after the company agreed to purchase a stake in three oil fields from ConocoPhillips’ (NYSE:COP) for $330 million

•    Retailer Sears Holdings Corp.’s (NASDAQ:SHLD) shares plummeted 27.20% to close at $33.38 after it confirmed plans to shut 100 stores. Sears also reported continuing sales troubles in the current quarter

•    Oil and gas company Magnum Hunter Resources Corp (NYSE:MHR) raised its production outlook for both the current and coming year. Following this development, shares of the company advanced 17.13% to close at $5.47

•    Shares of fragrance maker Perlux Fragrances Inc. (NASDAQ:PARL) rocketed up 71.18% to $5.94 after Perfumania Holdings Inc. (NASDAQ:PERF) said it would acquire Perlux in a deal worth $170 million

•    Pediatric nutrition company Mead Johnson Nutrition Co.’s (NYSE:MJN) shares rose 5.80% after it said that a new round of tests failed to detect any bacteria in its infant formula

CONOCOPHILLIPS (COP): Free Stock Analysis Report

ENDEAVOR INTL (END): Free Stock Analysis Report

MAGNUM HUNTER (MHR): Free Stock Analysis Report

MEAD JOHNSON NU (MJN): Free Stock Analysis Report

PARLUX FRAGRANC (PARL): Free Stock Analysis Report

SEARS HLDG CP (SHLD): Free Stock Analysis Report

To read this article on Zacks.com click here.

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: | | | | | | | | | | | | Basic Materials | Major Integrated Oil & Gas

RSS feeds: ConocoPhillips | COP | END | Endeavour International Corporation | Mead Johnson Nutrition Company | MJN | PARL | Parlux Fragrances Inc | PERF | Perfumania Holdings Inc | Sears Holdings Corporation | SHLD | Basic Materials | Major Integrated Oil & Gas |

Other Posts by | RSS Feed for this author