Company News for November 23, 2009

• A large run of holiday sales offerings crashed the Ebay (NASDAQ:EBAY - Analyst Report) website, causing a major weekend web outage

• Tyson Foods (NYSE:TSN - Snapshot Report) reported better-than-expected earnings of 28 cents a share, beating Zacks estimates by 2 cents, on revenues of $7.2 billion, which exceeded Zacks estimates of $6.85 billion

• India’s Reliance Industries bid $12 billion in cash for Lyondell Bassell when it exits bankruptcy

• Microsoft (NASDAQ:MSFT - Analyst Report) is reportedly in discussions with News Corp. (NASDAQ:NWSA - Snapshot Report) to "de-index" the firm's news websites from Google (NASDAQ:GOOG - Analyst Report)

• Coca-Cola (NYSE:KO - Analyst Report) announced plans to more than double the number of its bottling plants in China over the next ten years as part of its goal to triple sales to the country

• Hershey (NYSE:HSY - Analyst Report) trust encouraged the firm to counter Kraft's (NYSE:KFT - Analyst Report) hostile, $16.2 billion bid with its own, $17 billion offer

• According to S&P most US banks are failing to meet adequacy standards comfortably enough to avoid ratings downgrades. Both HSBC (NYSE:HBC - Analyst Report) and Goldman Sachs (NYSE:GS - Analyst Report) showed stronger-than-average balance sheets, with UBS (NYSE:UBS - Snapshot Report) and Citigroup (NYSE:C - Analyst Report) well below average

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