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Corporate Summary

•    Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) gained 55.4% after it announced promising results from an ongoing Phase II study of  two drugs to be used for treatment of cystic fibrosis

•    Shares of Georgia Gulf Corporation (NYSE:GGC) declined 6.7% after it confirmed that Westlake Chemical Corporation (NYSE:WLK) has withdrawn a buyout deal of around $1.2 billion. Subsequently,  shares of Westlake rose 1.4%

•    DISH Network Corp. (NASDAQ:DISH) posted first quarter earnings per share of $0.80, surpassing the Zacks Consensus Estimate of $0.70

•    Tyson Foods, Inc. (NYSE:TSN) reported second quarter earnings per share of $0.44, beating the Zacks Consensus Estimate of $0.38

•    Avis Budget Group Inc. (NASDAQ:CAR) posted first quarter earnings per share of $0.12, surpassing the Zacks Consensus Estimate loss of $0.07 by 19 cents

•    Cognizant Technology Solutions Corp (NASDAQ:CTSH) reported first quarter earnings per share of $0.79, matching the Zacks Consensus Estimate of $0.79

•    Lufkin Industries, Inc. (NASDAQ:LUFK) posted first quarter earnings per share of $0.56, missing the Zacks Consensus Estimate of $0.59
 

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