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Zacks #1 Stocks on the Move 05/21/2013

Company Name Symbol %Change
SCIENTIFIC L SCIL
8.00%
FEDERAL MOGU FDML
6.88%
SUMMER INFAN SUMR
6.33%
NEW ORIENTAL EDU
5.68%
NATUS MEDICA BABY
5.62%

Company News for August 22, 2011

by Zacks Equity Research

August 22, 2011 | Comments : 0 Recommended this article: (0)

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• Sprint Nextel Corp. (NYSE:S) was rumored to be in talks with cable companies and may possibly acquire Clearwire Corporation (NASDAQ:CLWR)

• AnnTaylor Stores Corp. (NYSE:ANN) posted second quarter earnings per share of $0.47, which surpassed the Zacks Consensus Estimate of $0.45 per share

• Autodesk, Inc. (NASDAQ:ADSK) reported second quarter 2012 earnings of $0.36 per share, beating the Zacks Consensus Estimate by $0.02

• Bank of America Corporation (NYSE:BAC) has planned to reduce its workforce of 288, 000 by almost 1% and will cut 3,500 jobs

• Chief executive officer Leo Apotheker of Hewlett-Packard Company (NYSE:HPQ) announced that the company is planning to spin-off its PC business

• Jefferies Group Inc. (NYSE:JEF) initiated coverage on American Equity Investment Life Holding Co. (NYSE:AEL) with a “Buy” rating

• First Analysis upgraded Intuit Inc. (NASDAQ:INTU) to “Overweight” from an “Equal Weight” rating

• Citigroup, Inc. (NYSE:C) initiated coverage on BB & T Corp. (NYSE:BBT) with a “Hold” rating

• Think Equity downgraded LDK Solar Co., Ltd. (NYSE:LDK) to a “Hold” rating from “Buy” rating


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