Company News for May 15, 2012 - Corporate Summary

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•    Shares of BMC Software, Inc. (NASDAQ: BMC ) rose 8.7% after it adopted a poison pill strategy to avoid a potential takeover over it by hedge funds Elliott Associates LP and Elliot International LP

•    Chesapeake Energy Corporation (NYSE: CHK ) gained 4.8% following reports that billionaire activist investor Carl Icahn may acquire a major stake in the company

•    Shares of Groupon Inc (NASDAQ: GRPN ) gained 18.5% after it a posted first quarter loss per share of $0.02, surpassing the Zacks Consensus Estimate loss of $0.04

•    InterOil Corporation (NYSE: IOC ) fell 6.7% after learning through an unofficial channel that the government may cancel the agreement between Papua New Guinea and Liquid Niugini Gas Ltd., a joint venture of InterOil and Pacific LNG Operations Ltd
 


 
BMC SOFTWARE (BMC): Free Stock Analysis Report
 
CHESAPEAKE ENGY (CHK): Free Stock Analysis Report
 
GROUPON INC (GRPN): Free Stock Analysis Report
 
INTEROIL CORP (IOC): 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: BMC , CHK , GRPN , IOC

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