Company News for November 4, 2009

• Kraft (NYSE:KFT) reported third quarter earnings of 55 cents a share on revenues of $9.8 billion, beating Zacks estimates of 48 cents, but slightly below revenue projections of $10.24 billion

• MedcoHealth Solutions (NYSE:MHS) reported third quarter earnings of 75 cents ex-items, 4 cents above Zacks estimates, on revenues of $14.80 billion, up from estimates of $14.71 billion

• Miller Tabek upgraded entertainment stocks such as CBS (NYSE:CBS), Entravision (NYSE:EVC), News Corp. (NASDAQ:NWS), Viacom (NYSE:VIA.B), and Disney (NYSE:DIS) from "neutral" to "buy"

• Disney (NYSE:DIS) said China approved its plans for a $3.5 billion theme park in Shanghai, set to open in 2014 at the earliest

• Time Warner (NYSE:TWX) reported third quarter earnings of 61 cents a share, ahead of Zacks estimates of 52 cents.  Revenue of $7.14 billion was almost inline with Zacks estimates.  The firm said it sees full-year earnings of at least $2.05

• Garmin (NASDAQ:GRMN) reported third quarter earnings of $1.02 a share, versus Zacks estimates of 70 cents on revenues of $781 million, which beat Zacks estimates of $695 million

• Energizer Holdings (NYSE:ENR) was removed from Goldman Sachs' (NYSE:GS) Conviction Buy List, on the outlook for disappointment in its margin recovery

Read the full analyst report on KFT

Read the full analyst report on MHS

Read the full analyst report on CBS

Read the full analyst report on EVC

Read the full analyst report on NWS

Read the full analyst report on VIA.B

Read the full analyst report on DIS

Read the full analyst report on TWX

Read the full analyst report on GRMN

Read the full analyst report on ENR

Read the full analyst report on GS