Company News for January 16, 2012 - Corporate Summary

By Zacks.com,  January 16, 2012, 09:06:01 AM EDT



•    Shares of JP Morgan Chase & Co. (NYSE: JPM ) declined 2.5% after the company reported its fourth quarter earnings per share of $0.90, lower than the Zacks Consensus Estimate of $0.92

•    According to The Wall Street Journal, federal prosecutors were inquiring if the financial practices of Diamond Foods, Inc. (NASDAQ: DMND ) involved criminal fraud. Shares of the company slumped 10.3%

•    A day after Rovi Corporation (NASDAQ: ROVI ) projected a strong outlook for 2012 and announced that it would sell a product line to Corel Corp, its shares jumped 10.5%

•    Archer Daniels Midland gave notice to Metabolix, Inc. (NASDAQ: MBLX ) that the former was terminating the Telles joint venture. Shares of Metabolix suffered a fall of 57.6%
 


 
DIAMOND FOODS ( DMND ): Free Stock Analysis Report
 
JPMORGAN CHASE ( JPM ): Free Stock Analysis Report
 
METABOLIX INC ( MBLX ): Free Stock Analysis Report
 
ROVI CORP ( ROVI ): 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 The NASDAQ OMX Group, Inc.


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

Referenced Stocks: DMND, JPM, MBLX, ROVI



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