Company News for December 18, 2012 – Corporate Summary

•    Sprint Nextel Corporation (S) reported on Monday that it has concluded an agreement to purchase Clearwire Corporation (CLWR) at around $2.2 billion

•    American International Group, Inc. (AIG) jumped 3% on Monday after it declared that an amount of around $6.5 billion could be raised from the sale of its balance shares to AIA Group

•    Shares of Compuware Corporation (CPWR) surged 12.9% after investment firm Elliott Management, one of its stakeholders offered to acquire the company at a deal price of approximately $2.35 billion

•    Rick’s Cabaret International, Inc. (RICK) reported fourth quarter earnings per share of $0.16, missing the Consensus Estimate of $0.22

 

AMER INTL GRP (AIG): Free Stock Analysis Report

CLEARWIRE CORP (CLWR): Free Stock Analysis Report

COMPUWARE CORP (CPWR): Free Stock Analysis Report

RICKS CABARET (RICK): Free Stock Analysis Report

SPRINT NEXTEL (S): Free Stock Analysis Report