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Company news for January 07, 2014 - Corporate Summary

Posted: 1/7/2014 10:06:00 AM
Referenced Stocks: PACR;TMUS;VZ;XPO;ZEP

•    Zep, Inc. (NYSE: ZEP ) posted first quarter earnings per share of $0.17, a cent higher than the Zacks Consensus Estimate

•    Shares of XPO Logistics Inc. (NYSE: XPO ) rose more than 8%, after the company announced it is was acquiring Pacer International, Inc. (NASDAQ: PACR ) for $335 million.

•    Verso Paper Corp. (NYSE: VRS ) announced it was purchasing New Page Holdings Inc. for $1.4 billion. The combined entity will have annual sales of around $4.5 billion as well as 11 manufacturing facilities across six states

•    T-Mobile US Inc. (NYSE: TMUS ) will acquire wireless airwave licenses from Verizon Wireless, a division of Verizon Communications Inc. (NYSE: VZ ) for $3.3 billion. The company also disclosed that it is looking at additional spectrum purchases

PACER INTL INC (PACR): Free Stock Analysis Report

T-MOBILE US INC (TMUS): Free Stock Analysis Report

VERIZON COMM (VZ): Free Stock Analysis Report

XPO LOGISTICS (XPO): Free Stock Analysis Report

ZEP INC (ZEP): Free Stock Analysis Report

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