Company News for December 12, 2012 - Corporate Summary

By Zacks Equity Research,

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•    Shares of American International Group, Inc. (NYSE: AIG ) gained 5.7% after the Treasury Department declared that it has sold the balance of its shares of the insurance company at a price of $32.50 a share. The sale is valued at around $7.6 billion

•    Murphy Oil Corporation (NYSE: MUR ) rose 1.1% after it announced that it has reached an agreement with JPMorgan Chase & Co. (NYSE: JPM ) as per which the oil and gas company will buy back $250 million of common stock

•    Shares of Delta Air Lines, Inc. (NYSE: DAL ) surged 5.1% after it disclosed it has entered into an agreement with Virgin Atlantic as per which Delta will purchase a 49% stake. The purchase is valued at around $360 million

•    Dollar General Corp. (NYSE: DG ) reported third quarter earnings per share of $0.63, beating the Zacks Consensus Estimate of $0.60

AMER INTL GRP (AIG): Free Stock Analysis Report

DELTA AIR LINES (DAL): Free Stock Analysis Report

DOLLAR GENERAL (DG): Free Stock Analysis Report

JPMORGAN CHASE (JPM): Free Stock Analysis Report

MURPHY OIL (MUR): 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: AIG , DAL , DG , JPM , MUR

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