Company News for February 29, 2012 - Corporate Summary

By Zacks Equity Research,

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•    Semiconductor maker Micron Technology Inc.'s (NASDAQ: MU ) shares advanced 3.74% to close at $8.88 after Intel Corp. (NASDAQ: INTC ) said it plans to sell off its stake in two wafer factories to Micron

•    Share prices of Inc. (NASDAQ: PCLN ) gained 6.97% after the global online-travel agency's fourth-quarter profit came in above the market expectations. Separately, the company also reported strong growth in bookings

•    Private education provider Apollo Group Inc.'s (NASDAQ: APOL ) share prices fell 16.26% to end the day at $43.04 after the company reduced its student enrollment estimates

•    Fruit-and-vegetable supplier Fresh Del Monte Produce Inc.'s (NSYE: FDP ) shares declined 8.05% after the company posted a fourth-quarter loss

•    Global contract drilling service provider  Rowan Companies Inc. (NYSE: RDC ) announced its plans to move its headquarters to the United Kingdom from Houston

APOLLO GROUP ( APOL ): Free Stock Analysis Report
FRESH DEL MONTE ( FDP ): Free Stock Analysis Report
INTEL CORP ( INTC ): Free Stock Analysis Report
MICRON TECH ( MU ): Free Stock Analysis Report
PRICELINE.COM ( PCLN ): Free Stock Analysis Report
ROWAN COS INC (RDC): 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
Referenced Stocks: APOL , FDP , INTC , MU , PCLN

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