Company News for April 15, 2010 - Corporate Summary
• Fairchild Semiconductor International (NYSE:FCS) posted first quarter results one cent higher than Zacks estimates at 25 cents on revenues of $378 million, which beat projections of $372 million
• Several analysts sent price targets for UPS (NYSE:UPS) higher, as the firm provided upside guidance of $3.05-$3.30
• Germany is investigating if Hewlett-Packard (NYSE:HPQ) workers were involved in alleged kickbacks
• Deutsche Bank (NYSE:DB) initiated coverage of Tiffany (NYSE:TIF) with a "buy" rating and a $58 price target
• Piper Jaffray (NYSE:PJC) reiterated an "overweight" rating on Netflix (NASDAQ:NFLX), taking the price target from $78 to $102
• Dollar General (NYSE:DG) priced a 26 million share secondary offering at $27 per share, valued at $702 million
• FBR upgraded JB Hunt (NASDAQ:JBHT) to "outperform," taking the price target from $40 to $43
• Apache (NYSE:APA) is offering $26.22 per share for Mariner Energy (NYSE:ME), for a total deal value of $2.7 billion
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