Company News for May 26, 2010 - Corporate Summary

• Toll Brothers TOL reported a fiscal second quarter loss of 24 cents a share, in-line with Zacks estimates, versus a 52 cent loss a year earlier on revenues of $311.3 million, below Zacks projections of $314 million

• Solarfun SOLF reported earnings of 40 cents a share, well above Zacks estimates of 19 cents on revenues of $216.2 million, which topped Zacks estimates of $190 million.

• FIS FIS plans to buy back $2.5 billion in stock through a Dutch auction with prices between $29 and $31

• FBR upgraded Nvidia NVDA to "outperform" from "market perform," with a price target of $18

• Chemical & Mining SQM reported interims 2 cents better than expected at 29 cents on revenues of $388.5 million, which fell short of estimates of $405 million

• Oppenheimer upgraded Citigroup C shares to "outperform" from "market," with a $4.58 price target

• FBR downgraded Waddell & Reed WDR to "market-perform" from "outperform," taking the price target from $42 to $32

• Goldman Sachs GS removed MGM MGM from its Conviction Buy List, but maintained a "buy" on the shares