Company News for June 15, 2012 - Corporate Summary

By Zacks.com,  June 15, 2012, 09:53:21 AM EDT

•    Edwards Lifesciences Corp. (NYSE: EW ) gained 7% after the FDA  approved the company's Sapien heart valve as for a wider section of patients

•    International Game Technology (NYSE: IGT ) rose 14.4% after it announced it would buy back $1 billion of its common stock. The company has concluded an agreement with Goldman Sachs Group, Inc. (NYSE: GS ) for 21 million shares at $400 million as part of this process

•    Nokia Corporation (NYSE: NOK ) plunged 15.8% following a series of decisions aimed at cutting cost, which includes 10,000 job cuts, plant closures and the termination of several research and development projects.

•    Smithfield Foods, Inc. (NYSE: SFD ) lost 5.7% after it posted fourth quarter earnings per share of $0.43, missing the Zacks Consensus Estimate of $0.53 by 10 cents
 


 
EDWARDS LIFESCI (EW): Free Stock Analysis Report
 
GOLDMAN SACHS (GS): Free Stock Analysis Report
 
INTL GAME TECH (IGT): Free Stock Analysis Report
 
NOKIA CP-ADR A (NOK): Free Stock Analysis Report
 
SMITHFIELD FOOD (SFD): 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: EW, GS, IGT, NOK, SFD



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