Company News for May 22, 2012 - Corporate Summary

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•    Shares of Facebook, Inc. (NASDAQ: FB ) declined 11% as a result of an aggressive IPO price, the large volume  of shares offered and worries about its slow revenue growth

•    Cooper Industries plc (NYSE: CBE ) rose 25.1% after it agreed to be purchased by Eaton Corporation (NYSE: ETN ) in a cash-and-stock deal amounting to $11.8 billion

•    Lowe's Companies, Inc. (NYSE: LOW ) posted first quarter earnings per share of $0.44, surpassing the Zacks Consensus Estimate of $0.42

•    Campbell Soup Co. (NYSE: CPB ) reported third quarter earnings per share of $0.56, beating the Zacks Consensus Estimate of $0.52

•    Brown Shoe Company, Inc. (NYSE: BWS ) posted first quarter earnings per share of $0.23, breezing past  the Zacks Consensus Estimate of $0.09 by 14 cents
 


 
BROWN SHOE CO (BWS): Free Stock Analysis Report
 
COOPER INDS PLC (CBE): Free Stock Analysis Report
 
CAMPBELL SOUP (CPB): Free Stock Analysis Report
 
FACEBOOK INC-A (FB): Free Stock Analysis Report
 
LOWES COS (LOW): Free Stock Analysis Report
 
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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: BWS , CBE , CPB , FB , LOW

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