Company News for January 10, 2012

Zacks

•    Healthcare group IPC Hospitalist Co. (NASDAQ:IPCM) plummeted 32.95% to close at $30.61 a share after the company said its earnings results for 2011 will be lower than earlier projections

•    According to a Wall Street Journal report, banking company Regions Financial Corp. (NYSE:RF) will soon be selling its Morgan Keegan division

•    Share prices of Chinese software provider Pansoft Co Ltd (NASDAQ:PSOF) surged 54.73% to close at $3.11 after the company said Timesway Group Ltd has shown interest in purchasing the remaining shares of the company for $3.76 a share

•    Networking equipment supplier Brocade Communications Systems' (NASDAQ:BRCD) share prices gained 6.46% after a report from Reuters said the company had received a buy-out offer
 

 

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