Company News for June 18, 2012 - Corporate Summary

By Zacks.com,  June 18, 2012, 09:52:55 AM EDT

•    Shares of II-VI, Inc. (NASDAQ: IIVI ) plunged 12.6% after it lowered the earnings forecast for the current quarter as well as for the next fiscal year ending June 2013

•    Argentina's largest oil and natural-gas company YPF SA (NYSE: YPF ) gained 6.9% after the world's richest billionaire, Carlos Slim, announced he had acquired a 8.4% stake in the company

•    The Kroger Co.'s (NYSE: KR ) board of Directors approved a $1 billion share repurchase program, a day after it posted first quarter earnings per share of $0.78, beating the Zacks Consensus Estimate of $0.72

•    Synutra International, Inc. (NASDAQ: SYUT ) lost 20%, a day after it reported its fourth quarter earnings per share of $0.13, missing the Zacks Consensus Estimate of $0.20
 


 
II-VI INCORP (IIVI): Free Stock Analysis Report
 
KROGER CO (KR): Free Stock Analysis Report
 
SYNUTRA INTL (SYUT): Free Stock Analysis Report
 
YPF SA D CV ADR (YPF): 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 The NASDAQ OMX Group, Inc.


This article appears in: Investing, Business, Investing Ideas, Stocks

Referenced Stocks: IIVI, KR, SYUT, YPF



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