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Corporate Summary


•    Abercrombie & Fitch (NYSE:ANF) reported Q1 EPS of $0.27, surpassing the Zacks Consensus Estimate of $0.11 per share. Revenues for the quarter rose 22% year-over-year to $836.7 million, beating the Zacks Consensus Estimate of $783.0 million

•    Board of directors of Dr Pepper Snapple Group (NYSE:DPS) declared a quarterly dividend of $0.32 per share of the company's common stock. Compared with the previous year, the group’s dividend has increased 28%

•    Regulatory filings showed Eastman Kodak Co's (NYSE:EK) CEO and chief financial officer purchased 36,532 shares on May 13. CEO Antonio Perez said in a statement to employees that the recent stock purchase program shows the management's faith in the future of the  photography icon

•    Biopharma company Celldex Therapeutics Inc. (NASDAQ:CLDX) has valued a public offering of 10 million shares at $3.15 per share. Following this news share prices of the company fell 14.69% to close at $3.31

•    Share prices of office supplies retailer Staples, Inc. (NASDAQ:SPLS) fell 15.37% after the company reported lower-than-expected first-quarter results and slashed its profit forecasts for the year

•    RBC Capital initiated coverage on Golar LNG Partners (NASDAQ:GMLP) with an “Outperform” rating and a target price of $29.00

•    Morgan Stanley (NYSE:MS) initiated coverage on Huntington Ingalls Industries Inc (NYSE:HII) setting an “Underweight” rating with a target price of $32.00

•    Analysts at Oppenheimer initiated coverage on HeartWare International Inc (NASDAQ:HTWR) with a “Perform” rating on the stock

•    Analysts at Longbow Research initiated coverage on Mattel, Inc. (NASDAQ:MAT) with a “Buy” rating and a target price of $32.00

•    Analysts at Wells Fargo & Co. (NYSE:WFC) initiated coverage on SandRidge Mississippian Trust I (NYSE:SDT) with a “Market perform” rating

•    Analysts at Oppenheimer initiated coverage on Thoratec (NASDAQ:THOR) with an “Outperform” rating and a target price of $40.00

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