Company News for December 22, 2009 - Corporate Summary
• Jabil (NYSE:JBL) reported fiscal first quarter earnings of 32 cents ex-items, three cents better than expected, on inline revenues of $3.1 billion. The company also said it sees second-quarter earnings 20 cents to 32 cents a share
• Piper Jaffray (NYSE:PJC) maintained an "overweight" rating on Cephalon (NASDAQ:CEPH), considering the stock its top mid-cap pick going into 2010.
• Goldman Sachs (NYSE:GS) issued a note on the banks following recent equity raises from Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), and Citigroup (NYSE:C). Goldman maintained its "buy" rating on Bank of America and Wells Fargo
• Apple's (NASDAQ:AAPL) plan for internet TV on a subscription basis was enhanced by news of CBS and Disney's (NYSE:DIS) possible participation, according to a report in the WSJ
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