DigitalGlobe Pops Up On Acquisition (AGYS, DGI, RBS, EL, EXC)
Agilysys Inc (NASDAQ:AGYS) slipped 2.10% to $8.41.The Company announced that Maine’s Oxford Casino has selected the Agilysys InfoGenesis POS system and the Agilysys Stratton Warren System inventory and procurement solution to streamline operations and enhance guest service.
DigitalGlobe Inc (NYSE:DGI) jumped up 13.83% to $15.39. GeoEye Inc is proposing to acquire DigitalGlobe Inc. The total consideration for the proposed acquisition is $17.00 per share. This will be payable $8.50 per share in cash and $8.50 in GeoEye stock.
The Company expects GAAP revenue growth of approximately 14% in fiscal year 2012. However, analysts are expecting the Company to report revenue of $372 million for fiscal 2012.
Royal Bank of Scotland Group plc (ADR) (NYSE:RBS) soared 2.41% to $8.06. The Company reported first quarter net loss of 1.52 billion pounds against 528 million pounds in the prior year period. Net interest income was 3 billion pounds compared to 3.3 billion pounds in the previous year period.
The Company had reorganized its global banking and markets and global transaction services divisions as part of a reorganization that was announced in January.
Estee Lauder Companies Inc (NYSE:EL) decreased 3.77% to $61.73 after the Company announced third quarter results. Net sales increased 4% to $2.25 billion. Net earnings were $130.4 million compared to $124.7 million in the prior year period. Diluted net earnings per common share were $.33 compared to $0.31 per share in the prior year period. Net sales are forecasted to increase between 10% and 11% in constant currency in the fourth quarter. Diluted net earnings per common share are projected to be $.10 to $.15 in the fourth quarter.
Exelon Corporation (NYSE:EXC) is down 0.10% to $38.78. The Company declared dividends on all series of preferred stock, payable August 1, 2012.
The Company reported first quarter net income of $200 million compared to $668 million in the prior year period. EPS was $ 0.28 per share against $1.01 per share in the previous year period.