Company News for November 17, 2009

• Home Depot (NYSE:HD - Analyst Report) topped estimates by a nickel as earnings for the third quarter reached 41 cents, on inline revenues of $16.36 billion, down 8%. Comparable sales fell 6.9%. The company issued 2010 guidance of $1.55, slightly ahead of $1.53 projections. According to the firm, "There is still a great deal of pressure in the housing and home improvement markets, though there are some positive signs of stabilization."

• ExxonMobil (NYSE:XOM - Analyst Report) shares were upgraded to "overweight" at Barclays Capital (NYSE:BCS - Analyst Report)

• A regulatory filing showed Berkshire Hathaway (NYSE:BRK.A) nearly doubled its Wal-Mart (NYSE:WMT - Snapshot Report) holdings; added almost 112 million Wells Fargo (NYSE:WFC - Analyst Report) shares; the filing showed a 1.28 million holding of ExxonMobil (NYSE:XOM - Analyst Report) shares; and 3.2 million shares of SunTrust Banks (NYSE:STI - Snapshot Report)

• UBS (NYSE:UBS - Snapshot Report) CEO Grubel outlined an ambitious goal of annual pre-tax profits of $14.89 billion over the next 3-5 years

• Dillard's (NYSE:DDS - Snapshot Report) reported a smaller than expected third quarter loss, with a non-GAAP loss of 3 cents, versus estimates of a 51 cent loss on revenues of $1.36 billion, off estimates of $1.38 billion. Same-store-sales fell 9%

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