Markets

Company News for December 19, 2011 - Corporate Summary

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• Zynga, Inc. (NASDAQ: ZNGA ) made its debut on the Nasdaq and dropped 5.0% to $9.50. The company's initial public offering was priced at $10.00 per share

• Shares of Adobe Systems Inc. (NASDAQ: ADBE ) jumped 6.6% a day after reporting fully diluted pro forma earnings per share of $0.55, topping the Zacks Consensus Estimate of $0.50 per share

• United Rentals, Inc.'s (NYSE: URI ) $1.9 billion acquisition bid for RSC Holdings, Inc. (NYSE: RRR ) helped RSC's shares gain a whopping 57.9%

• Shares of Cablevision Systems Corporation (NYSE: CVC ) plummeted 8.5% after the company said that its chief operating officer has planned to vacate office this month

• Valeant Pharmaceuticals International, Inc.'s (NYSE: VRX ) acquisition offer of ISTA Pharmaceuticals Inc. (NASDAQ: ISTA ) for $6.50 per share took the latter's stocks up by 71.7%

• Darden Restaurants, Inc.'s (NYSE: DRI ) second quarter fiscal 2012 earnings from continuing operations came in at $0.42 per share, in line with the Zacks Consensus Estimate

ADOBE SYSTEMS ( ADBE ): Free Stock Analysis Report

CABLEVISION SYS ( CVC ): Free Stock Analysis Report

DARDEN RESTRNT ( DRI ): Free Stock Analysis Report

ISTA PHARMA INC ( ISTA ): Free Stock Analysis Report

RSC HOLDINGS ( RRR ): Free Stock Analysis Report

UTD RENTALS INC (URI): 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 Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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