Company News for April 13, 2012 - Corporate Summary

By Zacks Equity Research,

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•    Rowan Cos. (NYSE: RDC ) gained 9.7% to close at $33.99, the highest since August 9, 2011 after it  announced it had delayed moving its headquarters to the U.K. in an effort to stay on the S&P 500

•    Shares of McKesson Corp. (NYSE: MCK ) rose 3.9% after being awarded a contract valued at a maximum of $4 billion a year by the U.S. Department of Veterans Affairs to supply treatment centers

•    Barnes & Noble, Inc.(NYSE: BKS ) dropped 6.4% after the U.S. Justice Department sued Apple and five publishers over e-book prices

•    China Cord Blood Corp (NYSE: CO ) surged 5.6% after private equity firm KKR & Co. L.P. (NYSE: KKR ), said it had agreed to invest $65 million in the former to capitalize on China's rapidly growing healthcare industry

BARNES & NOBLE ( BKS ): Free Stock Analysis Report
CHINA CORD BLD ( CO ): Free Stock Analysis Report
MCKESSON CORP ( MCK ): Free Stock Analysis Report
ROWAN COS INC ( RDC ): Free Stock Analysis Report
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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Stocks: BKS , CO , MCK , RDC

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