Company News for January 27, 2010 - Corporate Summary

• After the close, Yahoo (NASDAQ:YHOO) reported earnings of 15 cents for the quarter, 4 penny ahead of Zacks estimates, on revenues of $1.26 billion, which bettered Zacks estimates of $1.23 billion. For the current quarter, the firm expects sales of $1.575-$1.675 billion, and income of $90-$100 million

• United Technologies (NYSE:UTX) posted better-than-expected fourth quarter earnings of $1.15 a share, one cent ahead of Zacks estimates, on revenues of $14.1 billion, which topped estimates of $13.89 billion. The company affirmed 2010 target earnings growth of 7% to 13%

• FBR raised its price target for Baker Hughes (NYSE:BHI) to $61, based on a 20x price/earnings multiple and 2011 earnings projection of $3.05

• S&P noted plans to add Berkshire Hathaway (NYSE:BRKB) to its 500, replacing Burlington Northern (NYSE:BNI)

• Boeing (NYSE:BA) reported fourth quarter earnings of $1.75 a share, ahead of Zacks estimates of $1.37 a share, and up from an 8 cent loss a year earlier. Revenues of $17.9 billion topped estimates of $17.64 billion

• Caterpillar (NYSE:CAT) beat estimates with fourth quarter earnings of 41 cents a share, beating Zacks projections of 28 cents, versus $1.08 a year ago. Revenues of $7.9 billion fell short of estimates of $8.2 billion

• WellPoint (NYSE:WLP) topped estimates with fourth quarter results of $1.16, beating Zacks estimates of $1.02, on revenues of $15.06 billion, just short of Zacks estimates of $15.1 billion. Full-year guidance of $6.00 fell short of consensus projections of $6.11

• BlackRock (NYSE:BLK) posted better-than-expected earnings of $2.39, topping Zacks estimates of $2.12, on revenues of $1.54 billion, ahead of estimates of $1.25 billion

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