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Company News for December 29, 2011

Zacks Equity Research

•    Snowmobiles maker Arctic Cat Inc.’s (NASDAQ:ACAT) shares surged 20.75% after the company said it would buy back Suzuki Motor Corp's, 6.1 million Class B common shares

•    Shares of Perfumania Holdings Inc. (NASDAQ:PERF) fell 9.75% a day after the fragrance maker said it would acquire Perlux Fragrances Inc (NASDAQ:PARL) in a deal worth $170 million

•    Share prices of Bank of America (NYSE:BAC) and Alcoa (NYSE:AA) dropped 3.56% and 3.07% to close at $5.28 and $8.52, respectively, making them the biggest laggards of the Dow component

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