Company News: ULTA, VRSN, KR, BAC, LAZ, SNY, REGN, JEF, RIMM

• Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) posted second quarter 2011 earnings of $0.38 per share, which surpassed the Zacks Consensus Estimate of $0.32

• VeriSign Inc. (NASDAQ:VRSN) announced the resignation of its Chief Financial Officer Brian Robins, who stepped down to move on to other opportunities

• The Kroger Co. (NYSE:KR) posted second-quarter 2011 earnings of $0.41 per share, below the Zacks Consensus Estimate of $0.43 per share

• According to reports from The Wall Street Journal, Bank of America Corporation (NYSE:BAC) is planning to lay off roughly 40,000 employees

• Ticonderoga Securities downgraded Lazard Ltd. (NYSE:LAZ) to “Neutral” from a “Buy” rating

• Credit Suisse downgraded Sanofi-Aventis (NYSE:SNY) to “Neutral” from an “Outperform” rating

• Bank of America Corporation downgraded Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) to “Underperform” from a “Neutral” rating

• Jefferies Group Inc. (NYSE:JEF) downgraded Research In Motion Limited (NASDAQ:RIMM) to an “Underperform” rating.

Lazard Ltd. (LAZ): 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.

Visit: Zacks.com

Be the first to comment

Leave a Reply

Your email address will not be published.


*