• Smithfield Foods (NYSE:SFD) posted Q1 EPS of $0.69, surpassing the Zacks Consensus Estimate of $0.68 per share. Revenues for the quarter rose 6.6% year-over-year to $3.09 billion

• PerkinElmer, Inc. (NYSE:PKI) said it will acquire Caliper Life Sciences Inc. (NASDAQ:CALP) in a deal worth about $600 million. Following this development, shares of the genomic-detection tech maker advanced 41.14% to close at $10.43

• Shares of retailer Casey’s General Stores, Inc. (NASDAQ:CASY) declined 6.54% after the company reported first-quarter earnings results that came in below the Street’s expectations

• Zagat, which provides reviews of bars, restaurants and shopping locations, will be acquired by Google (NASDAQ:GOOG). However, Google remained silent on the terms and conditions of the deal

• Clothing and luggage maker G-III Apparel Group, Ltd.’s (NASDAQ:GIII) share prices fell 16.89% after the company projected third quarter earnings below expectations

• Achillion Pharmaceuticals (NASDAQ:ACHN) shares increased 8.39% to close at $6.20 after analysts at Piper Jaffray (NYSE:PJC) initiated coverage on shares of the company with an “Overweight” rating

• Analysts at Rodman & Renshaw initiated shares of Silicom Limited (NASDAQ:SILC) with a “Market Outperform” rating and a target price of $20

• Gramercy Capital’s (NYSE:GKK) shares rose 13.06% after a report claimed that 133,000 shares of Gramercy Capital were purchased by Indaba Capital Fund for $3.13 per share.

Silicom Limited (SILC): Free Stock Analysis Report

About Zacks Investment Research 1767 Articles

Zacks Investment Research is one of the most highly regarded firms in the investment industry. In 1978 Zacks originated the concept of utilizing earnings estimates revisions to make profitable investment decisions. Zacks offers multiple investment products and services to help investors achieve superior returns.


Be the first to comment

Leave a Reply

Your email address will not be published.