Company News for December 3, 2010 - Corporate Summary

• Walter Energy WLT said it plans to acquire Canada's Western Coal for $3.3 billion

• Google GOOG is reported to have signed a deal to pay $1.9 billion for a Manhattan city block

• Citigroup C downgraded eBay EBAY from "buy" to "hold"

• Big Lots BIG reported third quarter earnings of $0.23, a one-cent miss, on inline revenues of $1.06 billion. The firm lowered guidance to a $2.75-$2.81 range

• HSBC HBC upgraded Banco Santander STD from "neutral" to "overweight," with a $12 price target

• Wells Fargo WFC downgraded Broadcom BRCM from "outperform" to "market perform"

• Goldman Sachs GS downgraded Marvell Tech MRVL from "buy" to "neutral," with a $22 price target

• FBR upgraded National Semiconductor NSM from "market-perform" to "outperform," taking the price target from $17.50 to $20

• UBS UBS began coverage of CBS CBS with a "buy" rating and a price target of $21

 
BIG LOTS INC (BIG): Free Stock Analysis Report
 
BROADCOM CORP-A (BRCM): Free Stock Analysis Report
 
CITIGROUP INC (C): Free Stock Analysis Report
 
EBAY INC (EBAY): Free Stock Analysis Report
 
GOOGLE INC-CL A (GOOG): Free Stock Analysis Report
 
GOLDMAN SACHS (GS): Free Stock Analysis Report
 
HSBC HOLDINGS (HBC): Free Stock Analysis Report
 
MARVELL TECH GP (MRVL): Free Stock Analysis Report
 
NATL SEMICON (NSM): Free Stock Analysis Report
 
BANCO SANTAN SA (STD): Free Stock Analysis Report
 
UBS AG (UBS): Free Stock Analysis Report
 
WELLS FARGO-NEW (WFC): Free Stock Analysis Report
 
WALTER ENERGY (WLT): Free Stock Analysis Report
 
Zacks Investment Research