Company News for May 02, 2012

Zacks

•    Pfizer Inc. (NYSE:PFE) reported first quarter earnings per share of $0.58, beating the Zacks Consensus Estimate of $0.56

•    Archer Daniels Midland Company (NYSE:ADM) rose 7.1% after the agriculture-business giant posted third quarter earnings per share of $0.68, beating the Zacks Consensus Estimate of $0.60

•    Avon Products, Inc. (NYSE:AVP) fell 8% after it reported first quarter earnings per share of $0.10, missing the Zacks Consensus Estimate of $0.28

•    Shares of Central European Media Enterprises Ltd. (NASDAQ:CETV) gained 8.22% after Time Warner Inc. (NYSE:TWX) agreed to advance a loan amount of $300 million to the former and subsequently increase its stake to 40%

•    Chesapeake Energy Corporation (NYSE:CHK) rose 6.3% after the co-founder and CEO Aubrey McClendon was forced to give up the chairmanship due to objection of shareholders over his personal financial dealings and the stock's poor performance

•    Huntsman Corporation (NYSE:HUN) gained 8.9% after it posted first quarter earnings per share of $0.74,   breezing past the Zacks Consensus Estimate of $0.40 by 34 cents

•    Shares of P.F. Chang's China Bistro (NASDAQ:PFCB) rose 29.7% after it agreed to be acquired by a private equity firm Centerbridge Partners, L.P. for $ 1.1 billion approximately

•    Arrow Electronics, Inc. (NYSE:ARW) lost 8.7% after it posted first quarter earnings per share of $1.05, missing the Zacks Consensus Estimate of $1.07

•    Domino's Pizza, Inc. (NYSE:DPZ) fell 9.3% after it reported first quarter earnings per share of $0.47, missing the Zacks Consensus Estimate of $0.49

•    Emerson Electric Co. (NYSE:EMR) were down 6.4% after it lowered its 2012 earnings forecasts to a range of $3.35 to $3.50 per share from $3.45 to $3.60 per share
 

Read the analyst report on PFE

Read the analyst report on ADM

Read the analyst report on AVP

Read the analyst report on CETV

Read the analyst report on TWX

Read the analyst report on CHK

Read the analyst report on HUN

Read the analyst report on PFCB

Read the analyst report on ARW

Read the analyst report on DPZ

Read the analyst report on EMR

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