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Company News for January 13, 2012

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•    Sporting goods retailer Dick’s Sporting Goods Inc.’s (NYSE:DKS) share prices surged 12.47% after the company announced plans to buy back as much as $200 million of its own shares

•    Share prices of circuit board manufacturer of wireless devices Multi-Fineline Electronix, Inc. (NASDAQ:MFLX)  rose more than 17% to close at $25.40 after its sales forecast for the first quarter topped estimates

•    U.S. listed shares of Indian software company Infosys (NASDAQ:INFY) fell 8.83% to end the day at $51.85 after the company trimmed its sales forecast for the full year

•    Specialty retailer of home, Williams-Sonoma Inc.’s (NYSE:WSM) shares declined 12.18% after it lowered its projected earnings for the fourth quarter

•    Banking giant JPMorgan Chase & Co. (NYSE:JPM) rose marginally by 0.52% to close at $36.85 ahead of its fourth quarter earnings result scheduled for release later today

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