Company News for July 25, 2012 - Corporate Summary

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•    Second largest U.S. mobile service provider, AT&T Inc. (NYSE: T ) reported second quarter 2012 adjusted earnings of $0.66 a share, beating the Zacks Consensus Estimate of $0.63

•    Shares of Cisco Systems, Inc. (NASDAQ: CSCO ) slumped 5.9% after VMware, Inc. (NYSE: VMW ) announced that it will acquire Nicira Inc, a software-defined networking company

•    An announcement by DeVry Inc. (NYSE: DV ) that it would lay off 570 employees, combined with flagging enrollment and a lower-than-estimated profit projection dragged the company's shares 24.5% lower

•    Texas Instruments Incorporated's (NASDAQ: TXN ) shares dropped 0.9% after it provided third quarter revenue guidance of $3.21 billion and $3.47 billion, lower than the estimated $3.54 billion and projected quarterly earnings of $0.34 to $0.42 a share, lower than the earlier estimate of $0.48
 


 
CISCO SYSTEMS (CSCO): Free Stock Analysis Report
 
DEVRY INC (DV): Free Stock Analysis Report
 
AT&T INC (T): Free Stock Analysis Report
 
TEXAS INSTRS (TXN): Free Stock Analysis Report
 
VMWARE INC-A (VMW): 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: CSCO , DV , T , TXN , VMW

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