Company News for September 17, 2010 - Corporate Summary

• Johnson & Johnson JNJ is reportedly planning to buy its remaining stake in Dutch biopharmaceutical firm Crucell CRXL, in a deal valued at $2.29 billion

• Goldman Sachs GS upgraded CenturyLink CTL to "buy" from "neutral"

• Goldman Sachs GS upgraded Qwest Q to "buy" from "neutral," taking the price target from $5.75 to $7.00

• UBS UBS downgraded Noble Energy NBL to "neutral" from "buy," with a price target of $76

• Macquarie cut Massey Energy MEE shares to "neutral" from "outperform"

• HSBC HBC downgraded BHP Billiton BHP from "overweight" to "neutral," setting a price target of $29.50

• Jefferies JEF started coverage of McDonalds MCD with a "hold" rating and a price target of $75

• Janney Montgomery downgraded International Game Technologies IGT to "neutral" from "buy"

 
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