Company news for December 18, 2013 - Corporate Summary

By Zacks Equity Research,

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•    FactSet Research Systems Inc. (NYSE: FDS ) reported first quarter earnings per share of $1.22, slightly lower than the Zacks Consensus Estimate of $1.24

•    Sanderson Farms, Inc. (NASDAQ: SAFM ) posted fourth quarter earnings per share of $1.97, considerably lower than the Zacks Consensus Estimate of $2.34

•    Shares of KKR Financial Holdings LLC (NYSE: KFN ) rose nearly 30.6% after KKR & Co. L.P. (NYSE: KKR ) revealed that it was on course to purchase the company for $2.6 billion.

•    AT&T Inc. (NYSE: T ) it disclosed it was selling its Connecticut wireline operations to Frontier Communications Corp (NASDAQ: FTR ) for $2 billion in cash. This development led to an 8.6% rise in shares of Frontier Communications Corp.

FACTSET RESH (FDS): Free Stock Analysis Report

KKR FINL HLDGS (KFN): Free Stock Analysis Report

SANDERSON FARMS (SAFM): Free Stock Analysis Report

AT&T INC (T): 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: FDS , KFN , SAFM , T

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