Company News for October 2, 2009

• First Solar (NASDAQ:FSLR - Analyst Report) will be added to the S&P500 to replace Wyeth (NYSE:WYE).

• Bernstein initiated coverage of Bank of America (NYSE:BAC - Analyst Report) at "outperform" with a $25 price target.

• Nokia (NYSE:NOK - Snapshot Report) was downgraded at Piper Jaffray (NYSE:PJC - Snapshot Report) with a price target lowered to $14 from $16.

• Costco (NASDAQ:COST - Snapshot Report) received an upgrade at Baird with a price target of $65.

• Accenture (NYSE:ACN - Snapshot Report) issued downside first quarter revenue guidance of $5.3- $5.5 billion, off estimates of $5.54 billion. The firm expects fiscal 2010 revenues of between a 3% drop and 1% growth versus estimates for growth of 2% to $21.99 billion. The company forecast full-year earnings of $2.64 to $2.72 a share, off estimates of $2.77. The firm also upped buyback program by $4 billion and hiked the dividend 50% to 75 cents.