Markets
M

Company News for November 29, 2011 - Corporate Summary

• Online retailer Amazon's (NASDAQ: AMZN ) share prices gained 6.44% after the company reported that sales of its Kindle e-book reader increased four times during Black Friday from a year ago period

• Apple (NASDAQ: AAPL ) will reportedly introduce its new 11-inch, 13-inch and 15-inch MacBook Air notebooks in 2012 to compete with ultra books from other PC vendors

• Steel scrap recycler Commercial Metals Co.'s (NYSE: CMC ) shares increased 23.76% to close at $14.17 after Carl Icahn's Icahn Enterprises LP offered to acquire the company for about $1.73 billion

• Macy's Inc.'s (NYSE: M ) shares jumped 4.72% after the retailer's CEO Terry Lundgren said that he estimated around 10,000 shoppers were lined up outside the Macy's Herald Square store

• Share prices of Tiffany & Co.'s (NYSE: TIF ) rose 5.93% to close at $73.62 per share following news that U.S. retail sales jumped to a record over the Thanksgiving weekend according to the National Retail Federation

• Shipping and packaging product maker Greif Inc.'s (NYSE: GEF ) shares declined 5.11% after the company lowered its earnings outlook for 2011

• U.S.-listed shares Luxemburg-based steel maker Ternium S.A.'s (NYSE: TX ) share prices plummeted 17.03% after the company announced its decision to pay $2.2 billion for a stake in Brazilian rival Usiminas

APPLE INC ( AAPL ): Free Stock Analysis Report

AMAZON.COM INC ( AMZN ): Free Stock Analysis Report

COMMERCIAL METL ( CMC ): Free Stock Analysis Report

GREIF BROS-CL A ( GEF ): Free Stock Analysis Report

MACYS INC ( M ): Free Stock Analysis Report

TIFFANY & CO (TIF): Free Stock Analysis Report

TERNIUM SA-ADR (TX): Free Stock Analysis Report

Zacks Investment Research

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.

In This Story

M AMZN GEF CMC AAPL

Other Topics

Investing Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More