HONG KONG, May 7, 2013 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports for the following companies: Bank of America (NYSE: BAC), BMC Software (NASDAQ: BMC), Cliffs Natural Resources (NYSE: CLF), Oracle (NASDAQ: ORCL), Groupon (NASDAQ: GRPN), and Micron (NASDAQ: MU).
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Bank of America Corp (NYSE: BAC): By the end of trading session, Bank of America (NYSE: BAC) shares soared 5.23% to US$12.88 with more than 265.06 million shares traded, compared to its average volume of 125.62 million shares. The company settled the lawsuit with mortgage issuer MBIA Inc. Bank of America will pay about US$1.7 billion to MBIA, and provide US$500 million as credit line. As part of the settlement, Bank of America will gain 4.9% shares of MBIA. Observing comprehensive analysis of Bank of America could help investors avoid big loss in investment. Check BAC earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/050713A/BAC/BankofAmerica.pdf
BMC Software, Inc. (NASDAQ: BMC): BMC Software, Inc. (NASDAQ: BMC) shares began the trading session with a price of US$45.50. When day-trade ended, the stock finally stood at the last session closing price of US$45.42. The stock traded 34.23 million shares in the last trading session, compared to its daily average of 1.98 million shares. Bain Capital LLC and Golden Gate Capital offered a US$6.9 billion cash buy out to BMC software, as US$46.25 per share. Investors may want to find out where BMC Software will go from here. Observe comprehensive BMC earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/050713A/BMC/BMCSoftware.pdf
Cliffs Natural Resources Inc (NYSE: CLF): The shares of Cliffs Natural Resources (NYSE: CLF) began the trading session with a price of US$20.80. When day-trade ended, the stock price soared 5.52% to US$21.01. The stock traded 15.42 million shares in the last trading session, heavier than its daily average of 14.72 million shares. The company recently released its earnings which encouraged investors. While its US iron ore business is running strong, the China market is showing demand of iron ore for its heavy infrastructure spending. Do you think Cliffs Natural Resources will go on? Do you think now is a good time to buy the stock? Investors could check CLF earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/050713A/CLF/CliffsNaturalResources.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Oracle Corporation (NASDAQ: ORCL):
Read Full Report: http://www.earningforecast.com/PR/050713A/ORCL/Oracle.pdf
Groupon Inc (NASDAQ: GRPN):
Read Full Report: http://www.earningforecast.com/PR/050713A/GRPN/Groupon.pdf
Micron Technology, Inc. (NASDAQ: MU):
Read Full Report: http://www.earningforecast.com/PR/050713A/MU/Micron.pdf
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