Late Market Roundup (MDT, UIS, DAKT, DTPI)

The decline in the shares of Medtronic

dragged down the stocks in the healthcare sector. MDT’s shares moved down after the company reported weaker-than-expected Q1 results. MDT has also lowered its projections for FY11. MDT’s shares dipped about10% following the results. Standard & Poor's has raised the corporate credit rating of Unisys Corp

from “B” to “B+” driven by its improved performance. The outlook for the company is stable. S&P credit analyst Martha Toll-Reed said, "The upgrade reflects Unisys' improved operating performance over the past nine months and adequate liquidity, which provides some capacity at the current rating level for potential earnings volatility." Shares of Daktronics Inc

surged after the company reported a surprise FQ1 profit. The company posted a profit of $0.06 per share, up from $0.03 per share, in the year-ago period. The analysts were expecting the company to post a loss of $0.04 per share. Shares of Daktronics advanced more than 16% following the results. Shares of Diamond Management & Technology Consultants

soared after the company agreed to be acquired by PricewaterhouseCoopers for $378 million. PricewaterhouseCoopers will buy all the outstanding common shares of DTPI for $12.50 per share in cash, representing a premium of 31% to DTPI's closing price on August 23, 2010. DTPI’s shares surged more than 30% following the acquisition news. Read more