Company News for September 22, 2009

• This morning’s reports say the Government of Singapore Investment Corp has reduced its stake in Citigroup (NYSE:C - Analyst Report) to less than 5% through open market sales

• The CEO of Cadbury (NYSE:CBY - Snapshot Report) noted "complementary elements" of Kraft (NYSE:KFT - Analyst Report) and Cadbury, but said he would still advise rejecting the deal at the current $16 billion bid

• Oracle's (NASDAQ:ORCL - Snapshot Report) CEO noted dangers of the European regulatory delay of its proposed $7 billion acquisition of Sun Microsystems (NASDAQ:JAVA - Snapshot Report), saying Sun Micro is currently losing about $100 million a month

• AMR (NYSE:AMR - Snapshot Report) announced a 30 million common and $250 million convertible senior notes offering

• Louisiana-Pacific (NYSE:LPX - Snapshot Report) said it is planning a public offering of 18 million shares of its common stock

• TJX (NYSE:TJX - Snapshot Report) said its board approved a $1 billion share buyback, reflecting 6.2% of the company's outstanding shares

• Microsoft's (NASDAQ:MSFT - Analyst Report) Bing search engine managed to grab more share from Google (NASDAQ:GOOG - Analyst Report), reaching 9.3% of market share in August, according to reports

• Harbinger Capital Partners said it sold 5 million shares of its total stake in the New York Times (NYSE:NYT - Snapshot Report), reducing its stake in the New York Times (NYSE:NYT - Snapshot Report) to 16.38% from 19.94%

• Credit Suisse (NYSE:CS - Analyst Report) downgraded Dell (NASDAQ:DELL - Analyst Report) to "neutral" and advised adding to positions in Hewlett-Packard (NYSE:HPQ - Analyst Report), Apple (NASDAQ:AAPL - Analyst Report) and EMC Corp (NYSE:EMC - Analyst Report).  The analyst raised concerns of Dell's risky acquisition path