Company News for March 29, 2010 - Corporate Summary
• Boeing (NYSE:BA) officials on Sunday said the Dreamliner's load test showed initial results were positive
• Apollo Group (NADAQ:APOL) posted better than expected fiscal second quarter earnings of 84 cents a share, ahead of Zacks projections of 81 cents, on inline revenues of $1.07 billion
• Morgan Stanley (NYSE:MS) was selected to advise and manage sales of the government's position in Citigroup (NYSE:C) common shares
• Ford (NYSE:F) said it agreed to sell Volvo to China's automotive firm, Geely, for $1.8 billion
• Jefferies (NYSE:JEF) downgraded VeriSign (NASDAQ:VRSN) to "hold" from "buy" with a $27 price target
• Goldman Sachs (NYSE:GS) upgraded Southwestern Energy (NYSE:SWN) to "Conviction Buy" from "neutral" with a price target of $54
• According to the world's second-largest semiconductor manufacturer, Hynix Semiconductor, global memory chip supply remains very tight with second quarter conditions likely to remain stronger than expected
• Auriga reiterated a "buy" on Micron (NYSE:MU), lifting the price target to $13 from $11
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