Company News for July 12, 2012

Zacks

•    Shares of ADTRAN, Inc. (NASDAQ:ADTN) plunged 15.4% after it posted second quarter earnings per share of $0.35, despite matching the Zacks Consensus Estimate of $0.35

•    Abercrombie & Fitch Co. (NYSE:ANF) gained 4.1% following a New York Post report that the specialty retailer is planning a huge share buyback

•    Shares of Healthcare Services Group, Inc. (NASDAQ:HCSG) surged 7.4% yesterday, a day after it reported  second quarter earnings per share of $0.17, matching the Zacks Consensus Estimate of $0.17

•    Goldcorp Inc. (NYSE:GG) declined 9.7% after it lowered its 2012 production forecast from the previous estimate of 2.6 million ounces to between 2.35 million and 2.45 million ounces

•    Shares of Prospect Capital Corporation (NASDAQ:PSEC) lost 8.1% after it issued 21 million new shares since the move will reduce the value of existing stock
 

Read the analyst report on ADTN

Read the analyst report on ANF

Read the analyst report on HCSG

Read the analyst report on GG

Read the analyst report on PSEC

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