Company News for January 3, 2013 - Corporate Summary

By Zacks Equity Research,

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•    Apple Inc. (NASDAQ: AAPL ) surged 3.2% after tech website The Next Web reported that the company has already began tests for new version of iPhone and iOS software

•    Shares of Zipcar Inc. (NASDAQ: ZIP ) jumped 47.8% after it concluded an agreement as per which it will be purchased by Avis Budget Group Inc. (NASDAQ: CAR ) at around $500 million in cash

•    Oil and gas company Magnum Hunter Resources Corp. (NYSE: MHR ) rose 4% after it said it has entered into a joint operating agreement with Pennsylvania based private firm Eclipse Resources I, LP to expand its operations in Ohio

•    Shares of biopharmaceutical firm Synergy Pharmaceuticals Inc. (NASDAQ: SGYP ) gained 18.1% after it announced that a later stage trial of its chronic constipation drug was successful

APPLE INC (AAPL): Free Stock Analysis Report

AVIS BUDGET GRP (CAR): Free Stock Analysis Report

MAGNUM HUNTER (MHR): Free Stock Analysis Report

SYNERGY PHARMAC (SGYP): Free Stock Analysis Report

ZIPCAR INC (ZIP): 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 Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Stocks: AAPL , CAR , MHR , SGYP , ZIP

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