Company News for March 16, 2012 - Corporate Summary

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•    Shares of Cisco Systems, Inc. (NASDAQ: CSCO ) slipped1.4% after it agreed to buy NDS for $5 billion

•    An inflated earnings estimate for FY12 from Scholastic Corporation (NASDAQ: SCHL ) pushed up the company's stock by 12.9%. Excluding items, the company expects FY12 earnings of $2.60 to $2.90 per share, higher than the previous projection of $1.75 to $2.1

•    Following reports that RADVision Ltd. (NASDAQ: RVSN ) was being sold to Avaya for $230 million, shares of the company gained 4.5%

•    Capital One Financial (NYSE: COF ) announced a common stock offering worth $1.25 billion, which is aimed at financing the U.S. credit card business of HSBC
 


 
CAPITAL ONE FIN ( COF ): Free Stock Analysis Report
 
CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report
 
RADVISION LTD ( RVSN ): Free Stock Analysis Report
 
SCHOLASTIC CORP ( SCHL ): 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: COF , CSCO , RVSN , SCHL

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