(ADTN) Company News for July 12, 2012 – Corporate Summary

•    Shares of ADTRAN, Inc. (NASDAQ:ADTN) plunged 15.4% after it posted second quarter earnings per share of $0.35, despite matching the Zacks Consensus Estimate of $0.35

•    Abercrombie & Fitch Co. (NYSE:ANF) gained 4.1% following a New York Post report that the specialty retailer is planning a huge share buyback

•    Shares of Healthcare Services Group, Inc. (NASDAQ:HCSG) surged 7.4% yesterday, a day after it reported  second quarter earnings per share of $0.17, matching the Zacks Consensus Estimate of $0.17

•    Goldcorp Inc. (NYSE:GG) declined 9.7% after it lowered its 2012 production forecast from the previous estimate of 2.6 million ounces to between 2.35 million and 2.45 million ounces

•    Shares of Prospect Capital Corporation (NASDAQ:PSEC) lost 8.1% after it issued 21 million new shares since the move will reduce the value of existing stock
Zacks Investment Research

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