Company News for May 15, 2012


•    Shares of BMC Software, Inc. (NASDAQ:BMC) rose 8.7% after it adopted a poison pill strategy to avoid a potential takeover over it by hedge funds Elliott Associates LP and Elliot International LP

•    Chesapeake Energy Corporation (NYSE:CHK) gained 4.8% following reports that billionaire activist investor Carl Icahn may acquire a major stake in the company

•    Shares of Groupon Inc (NASDAQ:GRPN) gained 18.5% after it a posted first quarter loss per share of $0.02, surpassing the Zacks Consensus Estimate loss of $0.04

•    InterOil Corporation (NYSE:IOC) fell 6.7% after learning through an unofficial channel that the government may cancel the agreement between Papua New Guinea and Liquid Niugini Gas Ltd., a joint venture of InterOil and Pacific LNG Operations Ltd

Read the analyst report on BMC

Read the analyst report on CHK

Read the analyst report on GRPN

Read the analyst report on IOC

Zacks Investment Research

More From
View Comments (0)