Company News for September 13, 2010 - Corporate Summary

• Deutsche Bank DB announced plans to raise at least $12.5 billion in fresh capital to meet stricter capital requirements and increase its stake in Postbank from 30% currently

• Hewlett-Packard HPQ confirmed its intentions to acquire ArcSight ARST for $1.5 billion

• Hertz HTZ sweetened its offer for Dollar Thrifty DTG to about $1.56 billion, or $50 per share, up $10.80 per share from its previous bid

• A Barron's article opined Xerox XRX shares could double over the next three years

• Goldman Sachs GS removed 3M MMM from its "Conviction Buy List," but kept its "buy" rating and $104 price target on the shares intact

• Goldman Sachs GS added Cummins CMI to its "Conviction Buy" list

• Susquehanna downgraded shares of Research In Motion RIMM from "neutral" to "negative," in advance of Thursday's fiscal second quarter earnings post

• Deutsche Bank DB downgraded ExxonMobil XOM to "hold" from "buy," cutting the price target to $65 from $70

• Goldman Sachs GS downgraded Autozone AZO to "sell" from "neutral," but raised the price target to $213 from $211


 
ARCSIGHT INC (ARST): Free Stock Analysis Report
 
AUTOZONE INC (AZO): Free Stock Analysis Report
 
CUMMINS INC (CMI): Free Stock Analysis Report
 
DEUTSCHE BK AG (DB): Free Stock Analysis Report
 
DOLLAR THRIFTY (DTG): Free Stock Analysis Report
 
GOLDMAN SACHS (GS): Free Stock Analysis Report
 
GOLDMAN SACHS (GS): Free Stock Analysis Report
 
HEWLETT PACKARD (HPQ): Free Stock Analysis Report
 
HERTZ GLBL HLDG (HTZ): Free Stock Analysis Report
 
3M CO (MMM): Free Stock Analysis Report
 
RESEARCH IN MOT (RIMM): Free Stock Analysis Report
 
EXXON MOBIL CRP (XOM): Free Stock Analysis Report
 
XEROX CORP (XRX): Free Stock Analysis Report
 
Zacks Investment Research
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Automotive RetailCommunications EquipmentComputer HardwareConstruction & Farm Machinery & Heavy TrucksConsumer DiscretionaryDiversified Capital MarketsEnergyFinancialsIndustrial ConglomeratesIndustrialsInformation TechnologyIntegrated Oil & GasInvestment Banking & BrokerageOffice ElectronicsSystems SoftwareTrucking
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!