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Corporate Summary

•    Shares of Schlumberger Limited (NYSE:SLB) plunged 3.8% after its CEO Paal Kibsgaard stated that the company’s operations in North America were slower than than expected in the first quarter

•    Charter Communications, Inc. (NASDAQ:CHTR) jumped 8.8% following a report from the Wall Street Journal, according to which 25% of its stake likely to be acquired by Liberty Media Corp. (NASDAQ:LMCA) (NASDAQ:LMCB) at around $2.5 billion

•    Cumulus Media Inc. (NASDAQ:CMLS) posted fourth quarter earnings per share of $0.16, surpassing the Zacks Consensus Estimate of $0.05

•    KiOR, Inc. (NASDAQ:KIOR) reported a fourth quarter loss per share of $0.28, narrower than the Zacks Consensus Estimate of a loss of $0.32
 

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