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Corporate Summary

•    Shares of Hudson City Bancorp, Inc. (NASDAQ:HCBK) surged 15.7% after it concluded an agreement with M&T Bank Corporation (NYSE:MTB) as per which it will be acquired by M&T Bank Corp. for $3.7 billion

•    Seadrill Ltd. (NYSE:SDRL) reported second quarter earnings per share of $0.88, surpassing the Zacks Consensus Estimate of $0.77

•    Tiffany & Co. (NYSE:TIF) posted second quarter earnings per share of $0.72, missing the Zacks Consensus Estimate of $0.74

•    Donaldson Company, Inc. (NYSE:DCI) reported fourth quarter earnings per share of $0.47, in line with the Zacks Consensus Estimate
 

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