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We are initiating coverage of Computer Science Corporation (CSC) with a Neutral rating and a price target of $54.50. We believe that the company is fairly valued and is constantly growing through acquisitions which enhance its services portfolio and expand its operations in new markets. The company...

By 1:08 p.m., Dow had lost 8.39, or 0.08%, to 10,312.64, while the broader Standard & Poor's 500 index slipped 0.71, or 0.06%, to 1,102.22. The Nasdaq composite index rose 0.44, or 0.02%, to 2234.66. The industries that are driving the market today are: Textile Industrial: The top gainer of the...

• AIG (NYSE:AIG) posted an $8.9 billion loss and said it could knock on the US government’s door to help meet its obligations • CKE Restaurants (NYSE:CKR) will be purchased by Thomas H Lee Partners for $928 million, or $11.05 per share • Interpublic Group (NYSE:IPG) reported inline sales and...

Pepco Holdings, Inc. (NYSE: POM) reported today a fourth quarter earnings of $41 million, or $0.18 per share, as compared to $67 million, or $0.32 per share for the same quarter last year. Total operating revenue was $2.14 billion, as compared to $2.48 billion in the year ago period. Analysts...

Lamar Advertising Co (NASDAQ: LAMR) was upgraded by Wedbush Morgan from “underperform” to “neutral.” LAMR’s shares gained 1.01% to $30.09 at 9:38 am. The trailing-twelve-months gross margins at LAMR are 62.16%. Read more about this company here. B Riley & Co upgraded Popular Inc (NASDAQ: BPOP...

Analysts at Deutsche Bank initiate coverage of MDC Partners (NASDAQ: MDCA) with a "buy" rating. The target price for MDCA is set to $11. MDCA’s shares fell 0.80% to reach $8.73 yesterday. href="http://www.benzinga.com/analyst-ratings">More Analyst Ratings here

Shares of Focus Media Holding Limited (Nasdaq: FMCN) are moving higher today on a price target raising to $22.00 per share by C. Ming Zhao. The analyst, who also is a CFA, raised it because of, "Better FCF outlook." Shares of Focus Media Holding Limited are currently trading up +2.90% to $15.26 per...

Analysts at Credit Suisse upgrade Interpublic Group of Companies, Inc (NYSE: IPG) from "neutral" to "outperform." The target price for IPG has been raised from $6.50 to $10. IPG’s shares fell 4.19% to close at $6.41 yesterday.

The Benchmark Company has updated its analytical coverage of Harte-Hanks, Inc. (NYSE: HHS), In a new report posted this morning, the research firm notes that the fourth quarter’s (2009) results were mixed, and that challenges remain despite the improved company outlook. The report states “In view...

• Bank of America (NYSE:BAC) reported a larger-than-expected fourth quarter loss of 60 cents a share ahead of Zacks expectations of 54 cents a share versus a 48 cents year-ago loss.  Revenues rose 59%, helped by the Merrill acquisition, to $25.4 billion.  Increased credit costs, lower net income...

For Immediate Release Chicago, IL – January 15, 2010 – Zacks Equity Research highlights Big Lots, Inc. (BIG) as the Bull of the Day and EQT Corporation (EQT) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bank of America (BAC), Citigroup (C) and Wal-Mart (WMT). Full...

After writing my post yesterday about the Treasury budget numbers for December (see here), I have decided to dig a little bit deeper in to the trends in revenues and outlays so far in this fiscal year, relative to the first three months of the 2009 fiscal year. While I would encourage you to read...

Envoy Capital Group Inc (NASDAQ: ECGI) shares slipped to a new 52-week low of $0.95. ECGI has announced a restructuring plan at its corporate offices. Mid Penn Bancorp (NASDAQ: MPB) shares slipped to a new 52-week low of $9.42. MPB issued a press release detailing its expected provision for loan...

Wedbush (Analyst: James Dix) has upgraded Interpublic Group (NYSE: IPG) to outperform and revised the price target 63% to $9 per share. The expected upside in Interpublic Group is based on the belief that the company should be able to return to peer organic growth in 2010-11, on the strength of new...

Pali Capital has identified three companies for 2010 that have the best growth opportunities. 1) Focus Media (ADR) (NASDAQ: FMCN) The first company that analysts at Pali capital believe is a growth story is Focus Media. Focus Media is down about 8% from its recent high of $17.29. Analysts believe...