Company News for July 12, 2012 - Corporate Summary

By Zacks Equity Research,

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•    Shares of ADTRAN, Inc. (NASDAQ: ADTN ) plunged 15.4% after it posted second quarter earnings per share of $0.35, despite matching the Zacks Consensus Estimate of $0.35

•    Abercrombie & Fitch Co. (NYSE: ANF ) gained 4.1% following a New York Post report that the specialty retailer is planning a huge share buyback

•    Shares of Healthcare Services Group, Inc. (NASDAQ: HCSG ) surged 7.4% yesterday, a day after it reported  second quarter earnings per share of $0.17, matching the Zacks Consensus Estimate of $0.17

•    Goldcorp Inc. (NYSE: GG ) declined 9.7% after it lowered its 2012 production forecast from the previous estimate of 2.6 million ounces to between 2.35 million and 2.45 million ounces

•    Shares of Prospect Capital Corporation (NASDAQ: PSEC ) lost 8.1% after it issued 21 million new shares since the move will reduce the value of existing stock

ADTRAN INC (ADTN): Free Stock Analysis Report
ABERCROMBIE (ANF): Free Stock Analysis Report
GOLDCORP INC (GG): Free Stock Analysis Report
HEALTHCARE SERV (HCSG): Free Stock Analysis Report
PROSPECT CAP CP (PSEC): 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: ADTN , ANF , GG , HCSG , PSEC

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