Company News for May 03, 2012

Zacks

•    Comcast Corporation (NASDAQ:CMCSA) reported first quarter earnings per share of $0.45, beating the Zacks Consensus Estimate of $0.42

•    Chesapeake Energy Corporation (NYSE:CHK) posted first quarter earnings per share of $0.18, missing the Zacks Consensus Estimate of $0.29

•    Shares of TripAdvisor Inc. (NASDAQ:TRIP) gained 16.7% on Wednesday, a day after the company released first quarter earnings per share of $0.35, surpassing the Zacks Consensus Estimate of $0.30

•    Shares of Charming Shoppes, Inc. (NASDAQ:CHRS) rose 23.9% after it agreed to be acquired by Ascena Retail Group Inc (NASDAQ:ASNA) for $7.93 per share or a total of $890 million. Subsequently, shares of Ascena gained10.4%

•    Time Warner Inc. (NYSE:TWX) posted first quarter earnings per share of $0.67, beating the Zacks Consensus Estimate of $0.64

•    Standard Microsystems Corporation (NASDAQ:SMSC) rose 38.8% after it agreed to be purchased by Microchip Technology Inc. (NASDAQ:MCHP) for $823 million

•    Share of Arch Coal Inc. (NYSE:ACI) declined by 7.8% after the company posted a first quarter loss of $0.04 per share, falling shy of the Zacks Consensus Estimate of $0.17

•    CVS Caremark Corporation (NYSE:CVS) reported first quarter earnings per share of $0.65, surpassing the Zacks Consensus Estimate of $0.63

 

Read the analyst report on CMCSA

Read the analyst report on CHK

Read the analyst report on TRIP

Read the analyst report on CHRS

Read the analyst report on ASNA

Read the analyst report on TWX

Read the analyst report on SMSC

Read the analyst report on MCHP

Read the analyst report on ACI

Read the analyst report on CVS

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