Company News for September 18, 2012 - Corporate Summary

By Zacks.com,  September 18, 2012, 09:34:26 AM EDT

•    Shares of Waste Connections, Inc. (NYSE: WCN ) surged 10.6% after it concluded a deal with R360 Environmental Solutions Inc. to buy its business and operating subsidiaries for $1.3 billion in cash

•    Office Depot Inc. (NYSE: ODP ) gained 5.3% after investment firm Starboard Value LP disclosed itself as its largest shareholder with a 13.3% stake. Moreover, in a letter to Office Depot's management Starboard said the company is undervalued and suggested several ways to improve its profitability

•    Shares of IRIS International, Inc. (NASDAQ: IRIS ) soared 45.6% after Danaher Corporation (NYSE: DHR ) agreed to purchase IRIS at $19.50 per share in cash which amounts to a total deal value of $338 million

•    LDK Solar Co., Ltd. (NYSE: LDK ) reported a second quarter loss per share of $1.84, higher than the Zacks Consensus Estimate of a loss of $1.43
 


 
DANAHER CORP (DHR): Free Stock Analysis Report
 
IRIS INTL INC (IRIS): Free Stock Analysis Report
 
LDK SOLAR CO (LDK): Free Stock Analysis Report
 
OFFICE DEPOT (ODP): Free Stock Analysis Report
 
WASTE CONNCTION (WCN): 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: DHR, IRIS, LDK, ODP, WCN



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