Company News for July 31, 2012 - Corporate Summary

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•    Shares of The Shaw Group Inc. (NYSE: SHAW ) surged 55.4% following an announcement on Monday that it was being purchased by Netherland based rival Chicago Bridge & Iron Company N.V. (NYSE: CBI ) for $3.04 billion in cash and stock

•    Franklin Resources, Inc. (NYSE: BEN ) posted third quarter earnings per share of $2.12, surpassing the Zacks Consensus Estimate of $2.04

•    Shares of Loews Corporation (NYSE: L ) lost 5.2% after reporting second quarter earnings per share of $0.47, missing the Zacks Consensus Estimate of $0.71

•    Diebold Incorporated (NYSE: DBD ) plunged 9.1% after reporting second quarter earnings per share of $0.49, falling shy of the Zacks Consensus Estimate of $0.59 by 10 cents
 


 
FRANKLIN RESOUR (BEN): Free Stock Analysis Report
 
DIEBOLD INC (DBD): Free Stock Analysis Report
 
LOEWS CORP (L): Free Stock Analysis Report
 
SHAW GROUP INC (SHAW): 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: BEN , DBD , L , SHAW

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