Company News for September 29, 2009

• China Unicom also advised iPhones will be sold in China beginning in October.  Meanwhile, Apple (NASDAQ:AAPL - Analyst Report) said iTunes' application downloads exceeded the 2 billion mark

• MBIA's (NYSE:MBI - Analyst Report) main bond insurance unit was downgraded by S&P to non-investment grade status

• Dell (NASDAQ:DELL - Analyst Report) revealed a new, high-end, ultra thin PC

• Cameron International (NYSE:CAM - Analyst Report) reported a $500 million subsea equipment deal with Petrobras

• Howard Shultz, CEO of Starbucks (NASDAQ:SBUX - Snapshot Report), offered high hopes for its Via Ready Brew instant coffee product, claiming it "perhaps the biggest opportunity" in the company's history, amid today's North American launch

• Walgreens' (NYSE:WAG - Analyst Report) reported fiscal fourth quarter results of 47 cents ex-items, topping estimates of 39 cents, on sales of $15.7 billion

• Goldman Sachs (NYSE:GS - Analyst Report) lifted price targets on several retailers, including conviction buys on Target (NYSE:TGT - Snapshot Report) and Macy's (NYSE:M - Snapshot Report)

• Citigroup (NYSE:C - Analyst Report) started coverage of Dr. Pepper Snapple (NYSE:DPS - Analyst Report) and Coca-Cola (NYSE:KO - Analyst Report) with "buy" recommendations

• Bank of America (NYSE:BAC - Analyst Report) upgraded Phillips-Van Heusen (NYSE:PVH - Snapshot Report) to a "buy" with a price target of $54