Company News for December 28, 2011 - Corporate Summary

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•    Share prices of oil and gas company Endeavour International Corp (NYSE: END ) increased 24.06% after the company agreed to purchase a stake in three oil fields from ConocoPhillips' (NYSE: COP ) for $330 million

•    Retailer Sears Holdings Corp.'s (NASDAQ: SHLD ) shares plummeted 27.20% to close at $33.38 after it confirmed plans to shut 100 stores. Sears also reported continuing sales troubles in the current quarter

•    Oil and gas company Magnum Hunter Resources Corp (NYSE: MHR ) raised its production outlook for both the current and coming year. Following this development, shares of the company advanced 17.13% to close at $5.47

•    Shares of fragrance maker Perlux Fragrances Inc. (NASDAQ: PARL ) rocketed up 71.18% to $5.94 after Perfumania Holdings Inc. (NASDAQ: PERF ) said it would acquire Perlux in a deal worth $170 million

•    Pediatric nutrition company Mead Johnson Nutrition Co.'s (NYSE: MJN ) shares rose 5.80% after it said that a new round of tests failed to detect any bacteria in its infant formula


 
CONOCOPHILLIPS ( COP ): Free Stock Analysis Report
 
ENDEAVOR INTL ( END ): Free Stock Analysis Report
 
MAGNUM HUNTER ( MHR ): Free Stock Analysis Report
 
MEAD JOHNSON NU ( MJN ): Free Stock Analysis Report
 
PARLUX FRAGRANC ( PARL ): Free Stock Analysis Report
 
SEARS HLDG CP (SHLD): 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 The NASDAQ OMX Group, Inc.



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

Referenced Stocks: COP , END , MHR , MJN , PARL

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