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Corporate Summary


•    Netflix, Inc. (NASDAQ:NFLX) reported first quarter 2011 diluted earnings of $1.11 per share, surpassing the Zacks Consensus Estimate of $1.07 per share and 88.1% higher than the prior year quarter. Total revenue of $718.5 million increased 45.6% from the year ago quarter, coming in higher than the Zacks Consensus Estimate of $703.0 million

•    Ameriprise Financial (NYSE:AMP) reported Q1 EPS of $1.35, ex-items, ahead of the Zacks Consensus Estimate of $1.33 per share

•    RadioShack (NYSE:RSH) reported Q1 EPS of $0.33, in-line with the Zacks Consensus Estimate. Revenues for the quarter rose 2.1% year-over-year to $1.06 billion

•    Huntington Bancshares Inc (NASDAQ:HBAN)  shares shed 1.7% after Nomura Securities cut its rating on the regional bank to Neutral from Buy

•    Nomura upgraded U.S. Bancorp (NYSE:USB)  to Buy from a Neutral rating

•    Goldman lowered Motorola Mobility Holdings, Inc’s (NYSE:MMI)'s 12-month price estimate to $34 per share from $39 per share

•    Barrick Gold Corporation (NYSE:ABX) was reported to have agreed to acquire Equinox Minerals for $7.68 billion in cash

•    Shares of International Game Technology (NYSE:IGT) were up 9.31% in after-hours trading due to a year-over-year earnings growth of 21.1% in the second quarter of 2011. Earnings per share (EPS) in the second quarter of 2011 surpassed the Zacks Consensus Estimate of 20 cents by three cents

•    Sohu.com Inc. (NASDAQ:SOHU) reported strong first quarter 2011 results with earnings per share (EPS) of $1.01 (including stock-based compensation) increasing 38.4% from 73 cents in the year-ago quarter. Quarterly EPS also beat the Zacks Consensus Estimate of 97 cents

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