Company News for January 20, 2011 - Corporate Summary

• Share prices of tech major IBM IBM rose by 3.35% after the company posted excellent earnings figure on Tuesday night

• Adtran Inc ADTN increased 6.56% to end at $42.25 after the company posted an  increased sales figures for the fourth quarter that came in above expectations

• Shares of Northern Trust Corp NTRS had fallen by 5.6% while State Street Corp STT fell 4.12%

• In other news, share prices of Janus Capital Group Inc JNS fell by 4.36%, after Stifel Nicolaus downgraded from hold to buy rating

• A change of rating by Deutsche Bank from buy to hold has left shares prices to fall of United States Steel Corps X at $52.09, a decline of 5.9%

• In other news, DepoMed Inc's DEPO fell considerably to $5.66 after a licensing dispute between Abbott Laboratories ABT over a pain treatment

• Biotechnology firm Nektar Therapeutics's NKTR has reported sale of 19 million shares. Company share prices fell 7.34% before closing at $11.43

 
ABBOTT LABS (ABT): Free Stock Analysis Report
 
ADTRAN INC (ADTN): Free Stock Analysis Report
 
DEPOMED INC (DEPO): Free Stock Analysis Report
 
INTL BUS MACH (IBM): Free Stock Analysis Report
 
JANUS CAP GRP (JNS): Free Stock Analysis Report
 
NEKTAR THERAP (NKTR): Free Stock Analysis Report
 
NORTHERN TRUST (NTRS): Free Stock Analysis Report
 
STATE ST CORP (STT): Free Stock Analysis Report
 
UTD STATES STL (X): Free Stock Analysis Report
 
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