Company News for April 21, 2011 - Corporate Summary

•    EMC Corp. EMC reported Q1 EPS of $0.31, higher than the Zacks Consensus Estimates of $0.25 a share. Revenues for the quarter rose 18% year-over-year to $4.6 billion, ahead of the Zacks Consensus Estimate of $4.509 billion

•    Chipotle CMG reported Q1 EPS of $1.46, above the Zacks Consensus Estimate of $1.43 per share. Revenues for the quarter rose 24% year-over-year to $509.4 million, beating the Zacks Consensus Estimates of $495.0 million

•    Yum! Brands YUM reported Q1 EPS of $0.63, ex-items, slightly lower than the Zacks Consensus Estimates of $0.64 per share. Revenues for the quarter rose 3% year-over-year to $2.43 billion, ahead of the Zacks Consensus Estimate of $2.379 billion

•    Shares of Bancorp Rhode Island Inc. BARI rose 43.28% to $44.00 after Brookline Bancorp BRKL reported that it  will buy the Providence-based bank for about $234 million in cash and stock

•    AES Corporation AES said it would acquire regional power company DPL Inc. DPL for $3.5 billion roughly in cash

•    Hygiene-services company Swisher Hygiene, Inc SWSH recently announced its plans to sell 9.9 million common shares at $7.70 for a total of $75.9 million

•    Banking company Wells Fargo & Co.'s WFC shares slumped 4.12% after results showed the company generated fewer mortgage banking fees and loan demand stalled from the year-earlier period

•    Shares of Sagent Pharmaceuticals SGNT rocketed 24.38% a share in its first day of trade on the Nasdaq. The shares of the company opened at $18.25 a share and jumped to $19.50

•    Polaris Industries Inc.'s PII shares gained 20.95% after the company, reported the acquisition of Kings Mountain, N.C based Indian Motorcycle late on Tuesday. The off-road-vehicle manufacturer also raised its earnings forecast
 
AES CORP (AES): Free Stock Analysis Report
 
BCP RHODE ISLD (BARI): Free Stock Analysis Report
 
BROOKLINE BC (BRKL): Free Stock Analysis Report
 
CHIPOTLE MEXICN (CMG): Free Stock Analysis Report
 
DPL INC (DPL): Free Stock Analysis Report
 
EMC CORP -MASS (EMC): Free Stock Analysis Report
 
POLARIS INDUS (PII): Free Stock Analysis Report
 
YUM! BRANDS INC (YUM): Free Stock Analysis Report
 
Zacks Investment Research