Company News for July 10, 2012 - Corporate Summary

By Zacks.com July 10, 2012, 09:47:33 AM EDT

•    AMERIGROUP Corporation (NYSE: AGP ) gained 38% after WellPoint, Inc. (NYSE: WLP ) agreed to purchase the former for $4.46 billion. Subsequently, shares of WellPoint rose 3.4%

•    Shares of Advanced Micro Devices, Inc. (NYSE: AMD ) lost 2.3% after it lowered its earnings forecast for the second quarter due to lower than expected channel sales in Europe and China

•    FTI Consulting, Inc. (NYSE: FCN ) plunged 5.8% yesterday following late Friday's news that it would reduce its workforce by 3% and combine some of its offices to reduce costs

•    Shares of FX Alliance Inc. (NYSE: FX ) surged 39.9% after the company agreed to be acquired by Thomson Reuters Corporation (NYSE: TRI ) for $625 million in cash
 


 
AMERIGROUP CORP (AGP): Free Stock Analysis Report
 
ADV MICRO DEV (AMD): Free Stock Analysis Report
 
FTI CONSULTING (FCN): Free Stock Analysis Report
 
FX ALLIANCE INC (FX): Free Stock Analysis Report
 
THOMSON REUTERS (TRI): Free Stock Analysis Report
 
WELLPOINT INC (WLP): 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: AGP, AMD, FCN, FX, TRI



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