Company News for July 2, 2012

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•    BlackBerry manufacturer Research In Motion Limited’s (NASDAQ:RIMM) shares slumped 19.1% on Friday after it reported highly dismal first quarter fiscal 2013 results. The loss per share amounted to $0.37, significantly wider than the Zacks Consensus Estimate of a loss of $0.05 per share

•    Shares of NIKE, Inc. (NYSE:NKE) plunged 9.4% after reporting fourth quarter 2012 earnings of $1.17 per share, well short of the Zacks Consensus Estimate of $1.37 per share

•    Ford Motor Company’s (NYSE:F) shares dropped almost 5.0% after it said it anticipates international losses to triple in the second quarter owing to dismal sales in Europe

•    ServiceNow, Inc. (NYSE:NOW), provider of enterprise information technology (IT) cloud services, debuted on the Street on Friday with gains of 36.7%
 

Read the analyst report on RIMM

Read the analyst report on NKE

Read the analyst report on F

Read the analyst report on NOW

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