(EW) Company News for June 15, 2012 – Corporate Summary

June 16th, 2012

•    Edwards Lifesciences Corp. (NYSE:EW) gained 7% after the FDA  approved the company’s Sapien heart valve as for a wider section of patients

•    International Game Technology (NYSE:IGT) rose 14.4% after it announced it would buy back $1 billion of its common stock. The company has concluded an agreement with Goldman Sachs Group, Inc. (NYSE:GS) for 21 million shares at $400 million as part of this process

•    Nokia Corporation (NYSE:NOK) plunged 15.8% following a series of decisions aimed at cutting cost, which includes 10,000 job cuts, plant closures and the termination of several research and development projects.

•    Smithfield Foods, Inc. (NYSE:SFD) lost 5.7% after it posted fourth quarter earnings per share of $0.43, missing the Zacks Consensus Estimate of $0.53 by 10 cents

EDWARDS LIFESCI (EW): Free Stock Analysis Report

GOLDMAN SACHS (GS): Free Stock Analysis Report

INTL GAME TECH (IGT): Free Stock Analysis Report

NOKIA CP-ADR A (NOK): Free Stock Analysis Report

SMITHFIELD FOOD (SFD): Free Stock Analysis Report

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Read more on Edwards Lifesciences at Wikinvest

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