Company News for June 10, 2013

Zacks

•    The board of Wal-Mart Stores, Inc. (NYSE:WMT) approved a $15 billion stock-repurchase program for the first time in two years. Consequently, shares of the company gained 0.9%

•    Shares of TiVo Inc. (NASDAQ:TIVO) plunged 19% after the company revealed it would get $490 million as a settlement amount for a patent lawsuit with Google Inc. (NASDAQ:GOOG), Time Warner Cable Inc. (NYSE:TWC) and Cisco Systems, Inc. (NASDAQ:CSCO).

•     Quanex Building Products Corporation (NYSE:NX) posted a second quarter loss per share of $0.20, below the Zacks Consensus Estimate loss of $0.05.

•     JinkoSolar Holding Co., Ltd. (NYSE:JKS) posted a first quarter loss per share of $0.56, above the Zacks Consensus Estimate loss of $1.66.
 

Read the analyst report on WMT

Read the analyst report on TIVO

Read the analyst report on GOOG

Read the analyst report on TWC

Read the analyst report on CSCO

Read the analyst report on NX

Read the analyst report on JKS

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