Company News for August 12, 2011 - Corporate Summary

•    Pan American Silver Corp PAAS posted Q2 EPS of $0.71, lower than the Zacks Consensus Estimate of $0.74 per share. Revenues rose 57.4% year-over-year to $231.9 million, missing the Zacks Consensus Estimate of $282.0 million

•    FXCM FXCM reported Q2 EPS of $0.19, which came in below the Zacks Consensus Estimate of $0.20 per share. Revenues for the quarter rose 9.2% year-over-year to $103.4 million, beating the Zacks Consensus Estimate of $78.0 million

•    Motor company General Motors GM announced that it has entered into a supply contact with battery maker A123 Systems, Inc. AONE which will allow the company to sell batteries for GM's future electric vehicles in global markets. Following this announcement, share prices of A123 Systems Inc. jumped 45.11% to close at $4.60

•    Share prices of Advance Auto Parts, Inc. AAP increased 8.36% after the retailer of auto-parts reported its results for the second quarter that topped expectations

•    Analysts at Wells Fargo WFC upgraded its ratings on the shares of Capital One Financial Corp COF from "Market Perform" rating to "Outperform" rating. Following this development, shares of the credit card issuer spiked up 7.53%

•    Sara Lee SLE reported Q4 EPS of $0.24, beating the Zacks Consensus Estimate of $0.20 per share. Revenues for the quarter rose 8.7% to $2.30 billion, ahead of the Zacks Consensus Estimate of $2.224 billion

•    SodaStream SODA posted adjusted Q2 EPS of $0.42, exceeding the Zacks Consensus Estimate of $0.28 per share. Revenues for the quarter rose 38.5% year-over-year to $77.4 million, above the Zacks Consensus Estimate of $72.0 million

•    Ironwood Pharmaceuticals IRWD reported a Q2 loss of $0.19 per share, wider than the Zacks Consensus Estimate of $0.18 per share. Revenues rose 22.8% year-over-year to $11.3 million, slightly higher than the Zacks Consensus Estimate of $11.0 million

•    Elizabeth Arden RDEN posted Q4 EPS of $0.18, exceeding the Zacks Consensus Estimate of $0.09 per share. Revenues for the quarter rose 11.2% year-over-year to $253.8 million