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Corporate Summary


•    Shares of Cisco Systems, Inc. (NASDAQ:CSCO) slipped1.4% after it agreed to buy NDS for $5 billion

•    An inflated earnings estimate for FY12 from Scholastic Corporation (NASDAQ:SCHL) pushed up the company’s stock by 12.9%. Excluding items, the company expects FY12 earnings of $2.60 to $2.90 per share, higher than the previous projection of $1.75 to $2.1

•    Following reports that RADVision Ltd. (NASDAQ:RVSN) was being sold to Avaya for $230 million, shares of the company gained 4.5%

•    Capital One Financial (NYSE:COF) announced a common stock offering worth $1.25 billion, which is aimed at financing the U.S. credit card business of HSBC
 

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