Company News for April 14, 2011 - Corporate Summary

• ADTRAN, Inc. ADTN reported Q1 EPS of $0.52, ahead of the Zacks Consensus Estimate for $0.47 per share. Revenue for the quarter increased 30% year-over-year to $165.52 million, beating the Zacks Consensus Estimate for $163.0 million

• JPMorgan Chase & Co JPM reported Q1 EPS of $1.28, ahead of the Zacks Consensus Estimate of $1.15 per share. Revenues for the quarter were $25.22 billion, above the Zacks Consensus Estimate of $25.406 billion

• Mesabi Trust's MSB shares fell 7.87% after the company reported its plans to cut dividends. The company is an owner of mining rights in parts of Minnesota

• Analysts at Deutsche Bank initiated coverage of drug maker Regeneron Pharmaceuticals, Inc. REGN with a "Buy" rating

• Maker of computer networking products Riverbed Technology, Inc.'s RVBD shares rose 12.35% to $34.74 after the company projected first-quarter earnings above expectations

• Citigroup Inc. C upgraded drug company GTx, Inc. GTXI from "Hold" to "Buy" rating

• Oil and gas producer CAMAC Energy Inc. CAK said a report found that the company may be able to recover more crude than previously estimated from an area off Nigeria

• Share prices of natural gas firm Eagle Rock Energy Partners LP EROC gained 12.90% to close at $11.55 after it said it would acquire CC Energy II LLC

• Silgan Holdings Inc. SLGN announced its plans to acquire its rival supplier of consumer-goods packing products Graham Packaging Co.'s GRM, including its debt, for a deal worth $4.1 billion