How is the stock market today
Mcmoran Exploration Co (NYSE:MMR)
15.82 +7.36 (87.00%). Freeport-McMoRan Copper & Gold Inc said on Wednesday it would acquire Plains Exploration & Production Co and McMoRan Exploration Co in two separate deals for $9 billion in cash and stock. Freeport said it would buy Plains for $6.9 billion in cash and stock. It would buy McMoRan Exploration for $2.1 billion cash after taking into account the stake in McMoRan that Freeport already owns.
Plains Exploration & Production Company (NYSE:PXP)
44.50 +8.45 (23.44%). Freeport-McMoRan Copper & Gold Inc. (FCX) said Wednesday it has agreed to buy Houston-based oil and gas exploration and production company Plains Exploration & Production Co. (PXP) for $6.9 billion in cash and stock.
Cobalt International Energy, Inc. (NYSE:CIE)
28.21 +4.43 (18.63%). Cobalt International Energy Inc. (CIE) announced a "significant" oil discovery at its North Platte prospect in the deepwater Gulf of Mexico, and its shares soared nearly 17 percent in premarket trading on Wednesday.
Nokia Corporation (ADR) (NYSE:NOK)
3.88 +0.44 (12.79%). Nokia Corporation (ADR) (NOK) announced on Wednesday its cheapest Windows Phone 8 handset, Lumia 620. The handset maker unveiled the new Lumia at Le Web’12 in Paris this morning. The designer new Lumia, uses a new dual-shot color technique, making it the most colorful Nokia Lumia phone yet. Nokia Corporation (ADR) (NOK) revealed that it, along with China Mobile, will launch a brand new Lumia 920 for China Consumers. Also Nokia Corporation (ADR)(NOK) has done a sale and lease-back transaction with its head office in Espoo, netting it about $222 million.
Alpha Natural Resources, Inc. (NYSE:ANR)
8.07 +0.82 (11.31%). The earnings results of Alpha Natural Resources Inc. (ANR) surpassed the analyst estimates.
Tibco Software Inc. (NASDAQ:TIBX)
20.00 -4.72 (-19.10%). Tibco Software Inc. TIBX -19.09% (TIBX) expects its fourth-quarter results to fall far short of Wall Street expectations, as a combination of company-specific problems and external factors hurt the company’s top and bottom lines.
Pandora Media Inc (NYSE:P)
7.80 -1.65 (-17.46%). Downside guidance in its earnings report. The loss for the fiscal year ending Jan. 31 will be 9 cents to 12 cents a share, the company said in a statement, wider than the loss of 4 cents to 8 cents forecast in August.
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)
32.16 -6.12 (-15.99%).%). Freeport-McMoRan Copper & Gold Inc said on Wednesday it would acquire Plains Exploration & Production Co and McMoRan Exploration Co
Select Comfort Corp. (NASDAQ:SCSS)
25.00 -2.67 (-9.65%). Speculating that the downslide is cause of MFRM disappointing earnings
New Oriental Education & Tech Grp (ADR) (NYSE:EDU)
16.41 -1.67 (-9.24%)