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Corporate Summary


•    Marvell Technology Group Ltd. (NASDAQ:(MRVL - Snapshot Report) reported first quarter fiscal 2012 adjusted earnings per share of 24 cents, 2 cents shy of the Zacks Consensus Estimate of 26 cents. Despite the miss, shares increased 8.86% in after-market trade on encouraging second quarter guidance

•    Graham Corp. (AMEX:(GHM - Snapshot Report) reported fourth quarter EPS of 27 cents, ahead of the Zacks Consensus Estimate of 19 cents per share

•    Google Inc. (NASDAQ: was sued by eBay Inc.'s (NASDAQ:(EBAY - Analyst Report) PayPal over allegations of stealing mobile payment technology trade secrets

•    Morgan Stanley (NYSE:(MS - Analyst Report) downgraded AFLAC Inc. (NYSE:(AFL - Analyst Report) to equal weight

•    It was reported that MedcoHealth Solutions Inc. (NYSE: will lose the Federal Employee Program contract to CVS Caremark Corporation (NYSE:(CVS - Analyst Report), effective January 2012

•    The Goldman Sachs Group, Inc. (NYSE:(GS - Analyst Report) upgraded its rating on Nasdaq OMX Group Inc. (NASDAQ:(NDAQ - Analyst Report) to buy after the latter failed to successfully bid for NYSE Euronext, Inc. (NYSE:

•    Comments from FBR Capital Markets Corporation (NASDAQ: stating that growing demand for smartphones will benefit Broadcom Corp. (NASDAQ:BRCM) lifted BRCM's share price by 5.4%

•    Deutsche Bank AG (NYSE:DB) downgraded Weyerhaeuser Co. (NYSE:WY) to Sell from Hold

•    Wells Fargo & Company (NYSE:WFC) upgraded Entergy Corporation (NYSE:ETR) to Outperform from Market Perform


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