Company News for December 16, 2011 - Corporate Summary


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•    Share prices of wireless applications, CalAmp Corp. (NASDAQ: CAMP ) gained 11.93% after the company said it has commenced shipping a new whole-home video and data networking product to its primary North American direct-broadcast satellite customer

•    Shares of FedEx Corp. (NYSE: FDX ) advanced 8% to close at $83.47 a share after the shipment company' income almost doubled in its second quarter

•    Lam Research Corp. (NASDAQ: LRCX ) agreed to acquire Novellus systems, Inc. (NASDAQ: NVLS ) in a stock-swap transaction valued around $3.3 billion. Following the announcement, shares of Novellus rallied 16.34% to end the day at $40.37

•    Japan's Fujifilm Holdings Corp. plans to acquire ultrasound-equipment maker SonoSite, Inc. (NASDAQ: SONO ) in a deal worth $955 million

•    Share prices of Nordson Corp. (NASDAQ: NDSN ) fell 9.21% after the sealant maker's first-quarter outlook came in below the Street's expectations

CALAMP CORP ( CAMP ): Free Stock Analysis Report
FEDEX CORP ( FDX ): Free Stock Analysis Report
LAM RESEARCH ( LRCX ): Free Stock Analysis Report
NORDSON CORP ( NDSN ): Free Stock Analysis Report
NOVELLUS SYS ( NVLS ): Free Stock Analysis Report
SONOSITE INC (SONO): Free Stock Analysis Report
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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
More Headlines for: CAMP , FDX , LRCX , NDSN , NVLS

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