Company News for June 21, 2012

Zacks Equity Research

Thu, Jun 21, 2012, 9:29 AM

• Adobe Systems Incorporated (NASDAQ:ADBE) posted second quarter earnings per share of $0.46, missing the Zacks Consensus Estimate of $0.48

• Jabil Circuit, Inc. (NYSE:JBL) reported third quarter earnings per share of $0.54, missing the Zacks Consensus Estimate of $0.56 by 2 cents

• Shares of Choice Hotels International, Inc. (NYSE:CHH) gained 7.2% after it announced a special cash dividend of about $600 million. The company is issuing senior notes of about $400 million due 2022 to finance the dividend plan

• Idenix Pharmaceuticals, Inc. (NASDAQ:IDIX) surged 14.3% after it announced positive results from clinical trials of its hepatitis C drug

• Actuant Corporation (NYSE:ATU) plunged 3.4% after the company announced that third quarter results have been affected by prevailing conditions in Europe and China. However it posted earnings per share of $0.60, beating the Zacks Consensus Estimate of $0.59 by a penny

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Company News for June 21, 2012

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