Company News for January 27, 2012 - Corporate Summary


•    Equipment-rental company United Rentals Inc's. shares (NYSE: URI ) rose 8.92% to close at $37.87 after the company's fourth-quarter earnings figures came in higher than analysts' forecasts

•    Semiconductor maker LSI Corp's. share prices (NYSE: LSI ) advanced 10.88% a day after the company projected first-quarter sales above market estimates

•    Share prices of J.C. Penney (NYSE: JCP ) rocketed up 18.79% to close the day at $40.72 after the retailer rolled out a new pricing strategy. The departmental store chain also has plans to physically refurbish its stores

•    Online movie and video rental company Netflix, Inc's (NASDAQ: NFLX ) share prices surged more than 22% after the company reported strong subscriber rates during the quarter

•    Online brokerage and financial-services company E-Trade Financial Corp's. (NASDAQ: ETFC ) share prices declined 14.64% to $7.99 a share after its fourth quarter revenue figures came in below the Street's expectations

•    SanDisk Corp's. (NASDAQ: SNDK ) share prices fell 11.37% after the flash-memory supplier warned that weaker demand could lower its revenue in the first half of the fiscal

•    National cable TV provider Time Warner Cable Inc's. (NYSE: TWC ) shares increased 7.81% after the company posted earnings that topped analysts' estimates. Additonally, the company raised its dividend 17% to 56 cents per share and also announced plans to buy back its shares

E TRADE FINL CP ( ETFC ): Free Stock Analysis Report
PENNEY (JC) INC ( JCP ): Free Stock Analysis Report
LSI CORP ( LSI ): Free Stock Analysis Report
NETFLIX INC ( NFLX ): Free Stock Analysis Report
SANDISK CORP ( SNDK ): Free Stock Analysis Report
TIME WARNER CAB (TWC): Free Stock Analysis Report
UTD RENTALS INC (URI): 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: ETFC , JCP , LSI , NFLX , SNDK

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