Company News for May 22, 2012

RELATED QUOTES

SymbolPriceChange
FB24.3125-0.75
LOW42.64-0.05
CPB45.64-0.12
BWS17.91-0.07

•    Shares of Facebook, Inc. (NASDAQ:FB) declined 11% as a result of an aggressive IPO price, the large volume  of shares offered and worries about its slow revenue growth

•    Cooper Industries plc (NYSE:CBE) rose 25.1% after it agreed to be purchased by Eaton Corporation (NYSE:ETN) in a cash-and-stock deal amounting to $11.8 billion

•    Lowe's Companies, Inc. (NYSE:LOW) posted first quarter earnings per share of $0.44, surpassing the Zacks Consensus Estimate of $0.42

•    Campbell Soup Co. (NYSE:CPB) reported third quarter earnings per share of $0.56, beating the Zacks Consensus Estimate of $0.52

•    Brown Shoe Company, Inc. (NYSE:BWS) posted first quarter earnings per share of $0.23, breezing past  the Zacks Consensus Estimate of $0.09 by 14 cents
 

Read the analyst report on FB

Read the analyst report on CBE

Read the analyst report on LOW

Read the analyst report on CPB

Read the analyst report on BWS

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