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Corporate Summary

•    Hewlett-Packard Company’s (NYSE:HPQ) fourth quarter earnings per share came in at $1.17, higher than the Zacks Consensus Estimate of $1.13 per share

•    Transatlantic Holdings Inc. (NYSE:TRH) has consented to be acquired by Alleghany in a stock-and-cash deal that is valued at roughly $3.4 billion

•    Tyson Foods Inc. (NYSE:TSN) posted fourth-quarter and fiscal 2011 adjusted earnings per share of $0.26 cents and $1.97, respectively. Fourth quarter earnings failed to beat the Zacks Estimate of $0.31 a share

•    Tech Data Corp. (NASDAQGS:TECD) reported third quarter 2012 earnings of $1.26 per share that missed the Zacks Consensus Estimate by a penny

•    eBay Inc. (NASDAQ:EBAY) announced the acquisition of  Hunch’s innovative team and technology

•    Brocade Communications Systems, Inc. (NASDAQ:BRCD) reported fourth quarter earnings per share of $0.16, ahead of the Zacks Consensus Estimate of $0.06 a share

•    Gilead Sciences Inc. (NASDAQ:GILD) has agreed to buy Pharmasset, Inc. (NASDAQ:VRUS) for $11 billion in cash

•    UK-based publishing company Pearson will be buying Global Education & Technology Group Limited (NASDAQ:GEDU) for $155 million in cash