Company News for June 06, 2014 - Corporate Summary

•    Shares of Sprint Corporation S fell 4% following news that it may acquire T-Mobile US Inc TMUS for $40 per share

•    Shares of Ciena Corporation CIEN soared 18.4% after announcing fiscal second quarter adjusted earnings per share of $0.17, surpassing the Zacks Consensus Estimate of $0.03

•    Woodward Inc's WWD shares climbed 11.9% after forecasting fiscal year 2014 earnings per share of between $2.35 and $2.45, up from previous forecast of between $2.10 and $2.30

•    Shares of The J.M. Smucker Company SJM rose 1.4% after posting fiscal fourth quarter adjusted earnings per share of $1.21, beating the Zacks Consensus Estimate of $1.16

 

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