Company News for May 17, 2012 - Corporate Summary

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•    J.C. Penney Company, Inc. (NYSE: JCP ) declined 19.7%, a day after it declared to suspend its quarterly dividend plan. Savings from this move, of about $175 million, will be invested in a transformation plan

•    SINA Corporation (NASDAQ: SINA ) posted a first quarter loss per share of $0.27, matching the Zacks Consensus Estimate loss of $0.27

•    Target Corporation (NYSE: TGT ) reported first quarter earnings per share of $1.04, surpassing the Zacks Consensus Estimate of $1.01

•    Deere & Company (NYSE: DE ) posted second quarter earnings per share of $2.61, surpassing the Zacks Consensus Estimate of $2.54

•    Staples, Inc. (NASDAQ: SPLS ) reported first quarter earnings per share of $0.30, matching the Zacks Consensus Estimate of $0.30
 


 
DEERE & CO (DE): Free Stock Analysis Report
 
PENNEY (JC) INC (JCP): Free Stock Analysis Report
 
SINA CORP (SINA): Free Stock Analysis Report
 
STAPLES INC (SPLS): Free Stock Analysis Report
 
TARGET CORP (TGT): 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: DE , JCP , SINA , SPLS , TGT

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