Company News for November 19, 2010 - Corporate Summary

• After the close, Dell (NASDAQ: DELL) reported EPS of $0.45, up from estimates of $0.32 for the third quarter, on a 19.4% revenue climb to $15.39 billion, just below estimates of $15.74 billion. The firm expects the increase in full-year revenues to fall in the middle of its 14-19% range made earlier in the year

• Marvell Tech (NASDAQ: MRVL) posted third quarter earnings of $0.45, beating estimates by $0.02, on revenues of $959 million, up from estimates of $950 million

• Salesforce.com (NYSE: CRM) reported third quarter earnings of $0.32, a one-penny beat, as revenues jumped 30% to $429 million, that which topped estimates of $410 million

• Heinz (NYSE: HNZ) posted fiscal second quarter earnings of $0.78, for a 2-cent beat, on revenues of $2.61 billion shy estimates of $2.67 billion

• FBR reiterated a "market perform" on Salesforce.com (NYSE: CRM), and lifted the price target from $85 to $110

• Cisco (NASDAQ: CSCO) announced plans for up to $10 billion in further share repurchases

• KKR (NYSE:KKR) is reportedly in advanced talks with Del Monte Foods (NYSE: DLM), with an offer of $18.50 rumored to have been made

• Goldman Sachs (NYSE: GS) upgraded DuPont (NYSE: DD) from "neutral" to "buy," taking the price target from $52 to $56

• UBS (NYSE: UBS) downgraded Whole Foods (NASDAQ: WFMI) from "buy" to "neutral"

• UBS (NYSE: UBS) upgraded Deere (NYSE: DE) from "neutral" to "buy"



SALESFORCE.COM (CRM
): Free Stock Analysis Report


SALESFORCE.COM (CRM
): Free Stock Analysis Report


CISCO SYSTEMS (CSCO
): Free Stock Analysis Report


DU PONT (EI) DE (DD
): Free Stock Analysis Report


DEERE & CO (DE
): Free Stock Analysis Report


DELL INC (DELL
): Free Stock Analysis Report


DEL MONTE FOODS (DLM
): Free Stock Analysis Report


GOLDMAN SACHS (GS
): Free Stock Analysis Report


HEINZ (HJ) CO (HNZ
): Free Stock Analysis Report


MARVELL TECH GP (MRVL
): Free Stock Analysis Report


UBS AG (UBS
): Free Stock Analysis Report


WHOLE FOODS MKT (WFMI
): Free Stock Analysis Report


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