Universal Display Corporation - symbol PANL - reported that it has entered into a technology license agreement with Panasonic Idemitsu OLED Lighting, to manufacture and sell OLED products for lighting applications. Panasonic Idemitsu will pay Universal Display running royalties on its sales of these products, with a portion of the royalties prepaid. Culp Incorporated - symbol CFI - reported financial and operating results for the first quarter of fiscal 2012 ended July 31, 2011, posting Net sales of $60.3 million, a 7.8 percent increase year over year. The company has added $2.0 million to its previously share repurchase program. For the First Quarter of Fiscal 2012, China Cord Blood Corporation - symbol CO - posted revenue of $13.5 million, a 22.0% increase compared to the prior year period. The company’s Net Income Attributable to Shareholders increased 127.6% Year over year.