Company News for January 11, 2010 - Corporate Summary
• Heineken plans a $7.7 billion all-stock purchase of the beer division of Fomento Economico Mexicano
• Goldman Sachs (NYSE:GS) cut its rating on Northern Trust (NASDAQ:NTRS) from "buy" to "neutral." The price target was $54 on the shares
• Deutsche Bank (NYSE:DB) reiterated its "buy" rating on Honeywell (NYSE:HON), and raised its price target to $50 from $44
• Janney Montgomery Scott maintained its "buy" rating on Brandywine Realty Trust (NYSE:BDN) and increased its price target to $15 from $13, noting that "Adjusting our model to reflect our revised assumptions on the timing, volume, and pricing of Brandywine's investment and financing activities, we are raising our 2009E to $1.88 from $1.86, and our 2010E to $1.31 from $1.29, but are lowering our 2011E to $1.44 from $1.46"
• Deutsche Bank (NYSE:DB) upgraded Corning (NYSE:GLW) to "buy" and raised the price target to $24 from $19, and improved 2010 earnings projections of $1.77 from $1.66
• Deutsche Bank (NYSE:DB) upgraded Parker Hannifin (NYSE:PH) to "buy" from "hold," raising the price target to $65 from $62
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