Company News for March 14, 2012

Zacks Equity Research

Wed, Mar 14, 2012, 6:32 AM

• Shares of Urban Outfitters, Inc. (NASDAQ:URBN) plunged 5.3% after the company reported fourth quarter earnings of $0.27 per share that lagged the Zacks Consensus Estimate of $0.30

• According to reports, U.S. Bancorp (NYSE:USB) is set to increase its annual dividend by $0.28 to $0.78 and will also buyback shares worth $100 million

• Apollo Global Management, LLC (NYSE:APO) announced that it will acquire Great Wolf Resorts, Inc. (NASDAQ:WOLF). Consequently, the latter’s shares jumped 27.0% to settle at $5.32

• Shares of Safe Bulkers, Inc (NYSE:SB) sank 9.1% after it announced that it will sell $5 worth of shares

Read the analyst report on URBN

Read the analyst report on USB

Read the analyst report on APO

Read the analyst report on WOLF

Read the analyst report on SB

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Company News for March 14, 2012

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