Company News for May 08, 2012
• Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) gained 55.4% after it announced promising results from an ongoing Phase II study of two drugs to be used for treatment of cystic fibrosis
• Shares of Georgia Gulf Corporation (NYSE:GGC) declined 6.7% after it confirmed that Westlake Chemical Corporation (NYSE:WLK) has withdrawn a buyout deal of around $1.2 billion. Subsequently, shares of Westlake rose 1.4%
• DISH Network Corp. (NASDAQ:DISH) posted first quarter earnings per share of $0.80, surpassing the Zacks Consensus Estimate of $0.70
• Tyson Foods, Inc. (NYSE:TSN) reported second quarter earnings per share of $0.44, beating the Zacks Consensus Estimate of $0.38
• Avis Budget Group Inc. (NASDAQ:CAR) posted first quarter earnings per share of $0.12, surpassing the Zacks Consensus Estimate loss of $0.07 by 19 cents
• Cognizant Technology Solutions Corp (NASDAQ:CTSH) reported first quarter earnings per share of $0.79, matching the Zacks Consensus Estimate of $0.79
• Lufkin Industries, Inc. (NASDAQ:LUFK) posted first quarter earnings per share of $0.56, missing the Zacks Consensus Estimate of $0.59
Read the analyst report on VRTX
Read the analyst report on GGC
Read the analyst report on WLK
Read the analyst report on DISH
Read the analyst report on TSN
Read the analyst report on CAR
Read the analyst report on CTSH
Read the analyst report on LUFK
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