Company News for December 02, 2009 - Corporate Summary

• Credit Suisse (NYSE:CS) upgraded SunTrust (NYSE:STI) to "outperform," with a price target of $29

• Joseph A Bank (NASDAQ:JOSB) reported third quarter earnings of 63 cents a share, beating Zacks estimates of 56 cents a share on revenues of $161 million, slightly ahead of Zacks projections for $160 million

• Wells Fargo (NYSE:WFC) announced plans to close 122 branches in California

• Nokia (NYSE:NOK) said it expects a 10% industry-wide volume increase in 2010 mobile devices sales over 2009

• Goldman Sachs (NYSE:GS) initiated coverage of Dole (NASDAQ:DOLE) with a "neutral" rating and a price target of $15

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