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Company News for June 12, 2012

Zacks Equity Research

•    Shares of Omnicare, Inc. (NYSE:OCR) fell 8.9%, the highest in the last eight months, following news that Chief Executive Officer, John Figueroa has resigned. John Workman, President and Chief Financial Officer will serve as interim CEO

•    Zynga, Inc. (NASDAQ:ZNGA) declined 8.3% after The Wall Street Journal reported that Facebook, Inc.’s (NASDAQ:FB) growth has slowed down primarily in the U.S. The lion’s share of Zynga’s revenue come from games played on Facebook

•    Shares of Centene Corp. (NYSE:CNC) plunged by 22.2% after the Medicaid insurer said increasing medical costs in the states of Kentucky and Texas have forced it to lower its full year earnings forecast

•    Ampio Pharmaceuticals, Inc. (NASDAQ:AMPE) gained 8.7% after it announced positive results from a clinical trial of Optina, a new diabetes related drug

Read the analyst report on OCR

Read the analyst report on ZNGA

Read the analyst report on FB

Read the analyst report on CNC

Read the analyst report on AMPE

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