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Company News for June 4, 2012 - Corporate Summary

Posted
6/4/2012 9:52:00 AM
By: Zacks.com
Referenced Stocks:ASNA;HUTC;OVTI;VRA;VZ

•    Shares of HUGHES Telematics, Inc. (OTC: HUTC ) surged 171% after Verizon Communications Inc.(NYSE: VZ ) agreed to purchase the company for $612 million in cash. The acquisition is expected to be completed by Q3 of 2012 at $12 a share

•    Ascena Retail Group Inc (NASDAQ: ASNA ) posted third quarter earnings per share of $0.34, missing the Zacks Consensus Estimate of $0.36

•    Vera Bradley, Inc. (NASDAQ: VRA ) reported first quarter earnings per share of $0.31, beating the Zacks Consensus Estimate of $0.29

•    OmniVision Technologies, Inc. (NASDAQ: OVTI ) fell 17.2%, a day after it posted fourth quarter earnings per share of $0.05, missing the Zacks Consensus Estimate of $0.09
 


 
ASCENA RETAIL (ASNA): Free Stock Analysis Report
 
(HUTC): ETF Research Reports
 
OMNIVISION TECH (OVTI): Free Stock Analysis Report
 
VERA BRADLEY (VRA): Free Stock Analysis Report
 
VERIZON COMM (VZ): Free Stock Analysis Report
 
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