Company News for June 19, 2012 - Corporate Summary

By
A A A

•    Shares of InterDigital, Inc. (NASDAQ: IDCC ) surged 27.1% after it accepted Intel Corporation's (NASDAQ: INTC ) offer to sell the chipmaker 1,700 wireless technology patents and applications for $375 million.

•    Buckeye Technologies Inc. (NYSE: BKI ) plunged 9% after it shut down a plant in Florida following a  dryer-drum failure on Sunday which caused structural damage

•    Shares of DSW Inc. (NYSE: DSW ) lost 11.3% after it lowered its earnings forecast for the current quarter as well as the full year because sales of goods at clearance price have increased.

•    Facebook Inc (NASDAQ: FB ) rose 4.6% after it confirmed acquisition of facial recognition technology from Israel-based Face.com in a deal valued between $55 million to $60 million
 


 
BUCKEYE TECH (BKI): Free Stock Analysis Report
 
DSW INC CL-A (DSW): Free Stock Analysis Report
 
FACEBOOK INC-A (FB): Free Stock Analysis Report
 
INTERDIGITL INC (IDCC): Free Stock Analysis Report
 
INTEL CORP (INTC): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
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: BKI , DSW , FB , IDCC , INTC

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

110,219,031
  • $6.79 ▲ 14.31%
104,982,008
  • $11.83 ▲ 12.35%
95,065,355
  • $3.40 ▲ 0.59%
79,694,763
  • $36.59 ▲ 2.64%
49,037,292
  • $39.90 ▲ 5.81%
47,069,528
  • $15.34 ▼ 1.03%
43,387,835
  • $6.56 ▼ 1.94%
42,066,487
  • $98.38 ▼ 0.65%
As of 7/29/2014, 04:04 PM