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Company News for January 13, 2010 - Corporate Summary

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• Aetna (NYSE:AET) forecast "modestly lower" 2010 earnings from last years' adjusted $2.75 per share

• Google (NASDAQ:GOOG) reported a "highly sophisticated and targeted attack," and warned it plans to end censorship of its China search service.  Some reports suggested the company could shutter its operations in the country.  Deutsche Bank (NYSE:DB) responded to the news with a Baidu (NASDAQ:BIDU) upgrade and a price target of $408

• Morgan Stanley (NYSE:MS) downgraded Royal Dutch (NYSE:RDS.A) to "underweight" from "equal weight"

• Piper Jaffray (NYSE:PJC) raised its fourth quarter Intel (NASDAQ:INTC) estimate from 33 cents to 36 cents, above estimates of 30 cents, raising the price target to $31 from $26.

• RBC downgraded UPS (NYSE:UPS)

• Credit Suisse (NYSE:CS) raised its rating on Merck (NYSE:MRK)

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The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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