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Corporate Summary

 


•    Viacom, Inc. (NYSE:VIA) announced that it is shifting its stock to the NASDAQ Global Select Market from the New York Stock Exchange

•    Walt Disney Co. (NYSE:DIS) posted strong fourth-quarter 2011 earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.55 per share and jumped 31% from the prior-year quarter

•    NVIDIA Corporation (NASDAQ:NVDA) reported third quarter 2012 adjusted earnings per share of $0.31, well ahead of the Zacks Consensus Estimate of $0.26

•    Caterpillar Inc. (NYSE:CAT) announced that it will shift the production of equipment like small track-type tractors and mini hydraulic excavators from Japan to its new North American facility

•    According to a Wall Street Journal report, Citigroup, Inc. (NYSE:C) will be selling the EMI Music Publishing for $2.2 billion to a Sony Corporation (NYSE:SNE) led group

•    Activision Blizzard, Inc. (NASDAQ:ATVI) reported that the first day sales figure of Call of Duty:  Modern Warfare 3 amounted to approximately $400 million

•    Wells Fargo & Company (NYSE:WFC) upgraded Northeast Utilities (NYSE:NU) to an “Outperform” rating from a “Market Perform” rating

•    Wells Fargo & Company upgraded NSTAR (NYSE:NST) to an “Outperform” rating from a “Market Perform” rating

•    Nomura downgraded Abercrombie & Fitch Co. (NYSE:ANF) to a “Neutral” rating from a “Buy” rating

•    Nomura initiated coverage on eBay Inc. (NASDAQ:EBAY) with a “Neutral” rating
 

 

 

 

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