Company News for July 21, 2011 - Corporate Summary

•    PNC Financial Services PNC reported Q2 EPS of $1.67, above the Zacks Consensus Estimate of $1.47 per share. Revenues fell 7.9% year-over-year to $3.60 billion

•    Intel INTC reported Q2 EPS of $0.59, beating the Zacks Consensus Estimates of $0.51 per share. Revenues for the quarter rose 22% year-over-year to $13.1 billion

•    Share prices of digital video equipment maker BigBand Networks, Inc.  BBND gained 9.22% after the company added AT&T Inc. T to its list of customers for its media service platform

•    Uniform provider Cintas Corp.'s CTAS share prices increased more than 9% after the company's released its 2012 earnings forecast which exceeded expectations

•    E-TRADE Financial Corp.'s ETFC biggest shareholder Citadel LLC asked the online retail broker to convene a special meeting to discuss alternatives to maximize shareholders value and a possible sale. Reacting to the event, the shares of the company jumped 13.67% to close at $14.72

•    Trading firm Knight Capital Group Inc. KCG posted earnings results for the second quarter that came in above the Street's expectations

•    Business software company Manhattan Associates, Inc.'s MANH  shares rose 9.08% after the company increased its earnings outlook for 2011 beyond analysts' estimates

•    According to DealReporter, oil and natural gas company Murphy Oil Corp. MUR is possibly in talks with Canada's Husky Energy Inc. for a proposed merger between the companies

•    Providers of pest-control service and product Ecolab Inc. ECL announced that it will buy water treatment company Nalco Holding Co.  NLC in a deal worth around $5.4 billion

•    Share prices of Piper Jaffray PJC rose 13.67% after the investment bank's second quarter earnings figures exceeded estimates
 
BIGBAND NETWORK (BBND): Free Stock Analysis Report
 
CINTAS CORP (CTAS): Free Stock Analysis Report
 
ECOLAB INC (ECL): Free Stock Analysis Report
 
E TRADE FINL CP (ETFC): Free Stock Analysis Report
 
INTEL CORP (INTC): Free Stock Analysis Report
 
KNIGHT CAP GP (KCG): Free Stock Analysis Report
 
MANHATTAN ASOC (MANH): Free Stock Analysis Report
 
MURPHY OIL (MUR): Free Stock Analysis Report
 
NALCO HLDG CO (NLC): Free Stock Analysis Report
 
PIPER JAFFRAY (PJC): Free Stock Analysis Report
 
PNC FINL SVC CP (PNC): Free Stock Analysis Report
 
AT&T INC (T): Free Stock Analysis Report
 
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