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Company News for June 30, 2015 - Corporate Summary

Zacks Equity Research

•    Shares of General Electric Company (GE) dropped 1.7% after the company decided to sell its U.S., Mexico, Australia and New Zealand fleet businesses for a deal valued at $6.9 billion


•    Shares of TEGNA Inc. (TGNA) soared 5.1% after the media company completed the spin off its publishing business


•    Shares of Ameriana Bancorp (ASBI) surged almost 35% after it provided its assent to be purchased by First Merchants Corporation (FRME) in a deal valued at $68.8 million


•    GigOptix, Inc.’s (GIG) shares gained 0.6% after the semiconductor company increased its second quarter revenue guidance from $9.3-$9.5 million to $9.8 million

 


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