Company News for September 15, 2011 - Corporate Summary
15/09/2011 10:10am
Zacks
• Dell Inc. (NASDAQ:DELL) announced its plans to add an additional $5 billion shares to its stock-repurchase program taking the total number of shares to be re-purchased to about $2.1 billion
• Avis Budget Group (NYSE:CAR) said it will not attempt to acquire Dollar Thrifty (NYSE:DTG), citing poor market conditions
• Share prices of JAKKS Pacific, Inc. (NASDAQ:JAKK) advanced 22.31% after Oaktree Capital offered to buy the toy manufacturer for $20 per share
• Share prices of manufacturer Textron Inc. (NYSE:TXT) shares gained 6.41% after management said the company would reduce its outstanding shares
• Crop-seed company Origin Agritech Ltd.'s (NASDAQ:SEED) share prices fell 12.24% after the company lowered its forecast for the fiscal announced that its chief executive officer has resigned
• Prosperity Bancshares (NASDAQ:PRSP) announced that it has signed a definitive agreement to buy Texas Bankers, Inc. as well as Bank of Texas, its wholly-owned subsidiary
• Analysts at Jefferies initiated coverage on shares of Xcel Energy (NYSE:XEL) with a "Buy" rating and a target price of $27.50 per share
• FBR Capital initiated coverage on provider of loans and money advances Cash America's (NYSE:CSH) shares with an "Outperform" rating
• Analysts at Ticonderoga Securities initiated coverage on Marsh & Mclennan Com (NYSE:MMC) with a "Buy" rating and a target price of $34.00
AVIS BUDGET GRP (CAR): Free Stock Analysis Report
CASH AM INTL (CSH): Free Stock Analysis Report
DOLLAR THRIFTY (DTG): Free Stock Analysis Report
JAKKS PACIFIC (JAKK): Free Stock Analysis Report
MARSH &MCLENNAN (MMC): Free Stock Analysis Report
PROSPERITY BCSH (PRSP): Free Stock Analysis Report
ORIGIN AGRITECH (SEED): Free Stock Analysis Report
TEXTRON INC (TXT): Free Stock Analysis Report
XCEL ENERGY INC (XEL): Free Stock Analysis Report
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