Company News for December 18, 2012 - Corporate Summary

By Zacks Equity Research,

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•    Sprint Nextel Corporation (NYSE: S ) reported on Monday that it has concluded an agreement to purchase Clearwire Corporation (NASDAQ: CLWR ) at around $2.2 billion

•    American International Group, Inc. (NYSE: AIG ) jumped 3% on Monday after it declared that an amount of around $6.5 billion could be raised from the sale of its balance shares to AIA Group

•    Shares of Compuware Corporation (NASDAQ: CPWR ) surged 12.9% after investment firm Elliott Management, one of its stakeholders offered to acquire the company at a deal price of approximately $2.35 billion

•    Rick's Cabaret International, Inc. (NASDAQ: RICK ) reported fourth quarter earnings per share of $0.16, missing the Zacks Consensus Estimate of $0.22

AMER INTL GRP (AIG): Free Stock Analysis Report

CLEARWIRE CORP (CLWR): Free Stock Analysis Report

COMPUWARE CORP (CPWR): Free Stock Analysis Report

RICKS CABARET (RICK): Free Stock Analysis Report

SPRINT NEXTEL (S): 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 , CLWR , CPWR , RICK , S

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