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Corporate Summary

•    Shares of Molson Coors Brewing Company (NYSE:TAP) plunged 4.9% after it announced that by next year it would merge its U.K. and Ireland operations with its Central European business to form a new unit

•    Ceradyne, Inc. (NASDAQ:CRDN) rose 43.1% after 3M Co. (NYSE:MMM) agreed to purchase the company at $35 per share which amounts to a total deal value of $860 million

•    Cal-Maine Foods Inc. (NASDAQ:CALM) reported first quarter earnings per share of $0.39, surpassing the Zacks Consensus Estimate of $0.26

•    Ferrellgas Partners, L.P. (NYSE:FGP) posted a fourth quarter loss per share of $0.41, higher than the Zacks Consensus Estimate of a loss of $0.39
 

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