Company News for January 20, 2012 - Corporate Summary

By Zacks Equity Research,

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•    Online company eBay Inc's (NASDAQ: EBAY ) share prices rose 3.86%, after the company topped its fourth-quarter estimates, primarily due to heavy usage of its electronic payments site PayPal

•    Share prices of car parts maker Johnson Controls (NYSE: JCI ) dropped 8.77% making it one of the worst performers in the S&P 500 index as the company reduced its earnings guidance for the full year due to slow demand from Europe

•    Share prices of software developer and telecommunications equipment provider 8x8 Inc. (NASDAQ: EGHT ) rocketed up 24.93% to close at $4.26 a share after the company reported better-than-expected third-quarter earnings results

•    Rockwell Collins (NSYE: COL ) shares gained 5.49% to end the day at $59.69 after the aircraft part supplier said it was doubling-up the production of parts for Boeing's 787

•    Share prices of retailer Sears Holding (NASDAQ: SHLD ) advanced 9.77% to close at $43.35 following rumors that the company may be taken private by chairman of Sears Eddie Lampert, who owns the majority of shares

ROCKWELL COLLIN ( COL ): Free Stock Analysis Report
EBAY INC ( EBAY ): Free Stock Analysis Report
8X8 INC ( EGHT ): Free Stock Analysis Report
JOHNSON CONTROL ( JCI ): 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 Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Stocks: COL , EBAY , EGHT , JCI , SHLD

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