Company News for July 9, 2012 - Corporate Summary

By Zacks.com,  July 09, 2012, 09:47:28 AM EDT

•    Informatica Corporation (NASDAQ: INFA ) plunged 27.6%, the highest in the past eleven years after it lowered its earnings forecast for the second quarter due to weak demand, primarily in Europe

•    Navistar International Corp. (NYSE: NAV ) lost 15.2% after it said additional costs have to be incurred to obtain approval from the Environmental Protection Agency for its new engine technology

•    Acme Packet, Inc. (NASDAQ: APKT ) declined 14.5% after it lowered its earnings forecast for the second quarter

•    Shares of Research In Motion Limited (NASDAQ: RIMM ) surged 5.3% on Friday. This increase comes after losses incurred last week after the company announced it had suffered losses in the first quarter and that there would be delays in the launch of the BlackBerry 10 operating system
 


 
ACME PACKET INC (APKT): Free Stock Analysis Report
 
INFORMATICA CRP (INFA): Free Stock Analysis Report
 
NAVISTAR INTL (NAV): Free Stock Analysis Report
 
RESEARCH IN MOT (RIMM): 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: APKT, INFA, NAV, RIMM



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