Company News for December 20, 2011 - Corporate Summary

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•    In a deal worth $560 million, Winn-Dixie Stores Inc. (NASDAQ: WINN ) will be sold to supermarket operator Bi-Lo LLC. Following the development, shares of Winn-Dixie soared 70.1%

•    A company spokeswoman told Reuters that Procter & Gamble Co. (NYSE: PG ) has stopped full-time hiring for this fiscal year

•    Schnitzer Steel Industries Inc. (NASDAQ: SCHN ) said that weak environment for recycled metals on a global basis will take a toll on its first quarter fiscal 2012 earnings, dragging them lower. The company now expects earnings per share to come in between $0.18 and $0.25

•    Shares of Commercial Metals Company (NYSE: CMC ) slid 1.4% after the company declined investor Carl Icahn's $1.7 billion acquisition bid

•    According to British newspaper The Independent, Exxon Mobil Corporation (NYSE: XOM ) has offered to acquire U.K.'s Gulf Keystone Petroleum for around $10.9 billion

•    Red Hat, Inc. (NYSE: RHT ) reported third quarter earnings of $0.28 per share, higher than the Zacks Consensus Estimate of $0.19 a share
 

 



 
COMMERCIAL METL ( CMC ): Free Stock Analysis Report
 
PROCTER & GAMBL ( PG ): Free Stock Analysis Report
 
RED HAT INC ( RHT ): Free Stock Analysis Report
 
SCHNITZER STEEL ( SCHN ): Free Stock Analysis Report
 
WINN-DIXIE STRS ( WINN ): Free Stock Analysis Report
 
EXXON MOBIL CRP (XOM): Free Stock Analysis Report
 
Zacks Investment Research



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



This article appears in: Investing , Business , Investing Ideas , Stocks

Referenced Stocks: CMC , PG , RHT , SCHN , WINN

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