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Corporate Summary


•    Lower-than-expected demand for residential and commercial security systems in North America led to Ingersoll-Rand Plc (NYSE:IR) reducing its third-quarter and full-year guidance

•    Orion Marine Group, Inc (NYSE:ORN) said that it expects its profit margins to be adversely impacted by weak economic conditions and delays in federal government spending

•    Concerns about slower Chinese economic growth is expected to affect Wynn Resorts Ltd's (NASDAQ:WYNN) operations in Macau

•    Micron Technology Inc. (NASDAQ:MU) posted adjusted fourth quarter fiscal 2011 loss per share of $0.14,  against the Zacks Consensus earnings estimate of $0.01 per share

•    Citigroup, Inc. (NYSE:C) initiated coverage on Air Lease Corporation (NYSE:AL) with a “Buy” rating

•    Stifel Nicolaus initiated coverage on Global Payments Inc. (NYSE:GPN) with a “Buy” rating

•    Stifel Nicolaus initiated coverage on Heartland Payment Systems, Inc. (NYSE:HPY) with a “Hold” rating

•    Piper Jaffray initiated coverage on MEMC Electronic Materials Inc. (NYSE:WFR) with a “Neutral” rating

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