Company News for March 26, 2013

Zacks

•    Shares of Best Buy Co., Inc. (NYSE:BBY) gained 1.8% after the company announced that its founder Richard Schulze has returned as Chairman Emeritus. Moreover, he has nominated Brad Anderson and Al Lenzmeier to the company’s Board of Directors

•    Dell Inc. (NASDAQ:DELL) surged 2.6% after the company reported that an alternative proposal for its buyout has been received from activist investor Carl Icahn and The Blackstone Group L.P. (NYSE:BX). The offer price they propose is higher than the price offered by Michael Dell and Silver Lake Partners

•    Dollar General Corp. (NYSE:DG) posted fourth quarter earnings per share of $0.97, surpassing the Zacks Consensus Estimate of $0.90

•    JA Solar Holdings Co., Ltd. (NASDAQ:JASO) reported a fourth quarter loss per share of $2.65, wider than the Zacks Consensus Estimate of a loss of $1.30
 

Read the analyst report on BBY

Read the analyst report on DELL

Read the analyst report on BX

Read the analyst report on DG

Read the analyst report on JASO

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