Company News for June 27, 2014 - Corporate Summary

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•    Alcoa Inc's (NYSE: AA ) shares gained 2.7% on news that it will acquire Firth Rixon, a manufacturer of aerospace parts, for $2.85 billion

•    Shares of Worthington Industries, Inc. (NYSE: WOR ) fell 2% after posting fourth quarter earnings per share of $0.47, lower than the Zacks Consensus Estimate of $0.66

•    Steelcase Inc.'s (NYSE: SCS ) shares declined 10.7% after reporting first quarter adjusted earnings per share of $0.12, missing the Zacks Consensus Estimate of $0.15

•    Shares of Nabors Industries Ltd. (NYSE: NBR ) climbed 6.2% following news that C&J Energy Services Inc (NYSE: CJES ) will buy its hydraulic fracturing business in a cash and stock deal worth $2.86 billion


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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: AA , WOR , SCS , NBR , CJES

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