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Zacks #1 Stocks on the Move 05/17/2013

Company Name Symbol %Change
VIASAT INC VSAT
19.35%
OLD SECOND B OSBC
5.76%
GAMCO INVEST GBL
4.61%
CORNING INC GLW
4.47%
SYNCHRONOSS SNCR
4.23%

Company News for March 11, 2011

by Zacks Equity Research

March 11, 2011 | Comments : 0 Recommended this article: (0)

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•Cumulus Media (NASDAQ:CMLS) reported that it has entered into a merger agreement to acquire all the outstanding common stock and warrants of Citadel Broadcasting Corp for $37 per share

•Starbucks (NASDAQ:SBUX) and Green Mountain Coffee Roasters (NASDAQ:GMCR) have entered into a strategic relationship for the manufacturing, marketing, distribution and sale of Starbucks and Tazo tea branded K-Cup portion packs for use in the Keurig single-cup brewing system

•National Semiconductor (NYSE:NSM) reported Q3 EPS of $0.24, in line with the Zacks Consensus Estimate. Revenues for the quarter fell 12% year-over-year to $343.9 million, lower than the Zacks Consensus Estimate of $352.0 million

•Biotech company SIGA Technologies Inc (NASDAQ:SIGA) reported a fourth quarter operating loss of $4.2 million

•Late Wednesday NetApp Inc (NASDAQ:NTAP) announced its plans to buy LSI Corporation’s (NYSE:LSI) external storage systems business for $480 million

•Archipelago Learning Inc (NASDAQ:ARCL) reported late on Wednesday that it has swung to a profit of 6 cents per share from a loss of a cent per share recorded earlier in the year

•Iron Mountain Inc.’s (NYSE:IRM) shareholder Elliott Management recommended a strategic review of the firm’s options

•The U.S. Food and Drug Administration approved a lupus drug created by Human Genome Sciences (NASDAQ:HGSI) and GlaxoSmithKline PLC (NYSE:GSK)

•Semtech Corporation (NASDAQ:SMTC) posted a 37% jump in fourth-quarter revenue after market hours on Wednesday and forecasted a better-than-expected first-quarter sales

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