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Company News for December 03, 2009

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By: Avishek Mishra
December 03, 2009 | Comment(s): 0
Recommended this article (6)
CMCSA | GE | BAC | WY | TOL | ARO | BAC

• Comcast/GE confirmed the $30 billion Universal deal, with Comcast (NASDAQ:CMCSA - Analyst Report) owning and 49% General Electric (NYSE:GE - Analyst Report) ownership

• Bank of America (NYSE:BAC - Analyst Report) upgraded Weyerhaeuser (NYSE:WY - Analyst Report) to "buy" from "neutral" with a price target of $47, up from $41

• Toll Brothers (NYSE:TOL - Snapshot Report) reported a third-quarter loss of 68 cents a share, wider than the expected 43 cent loss, as revenues of $486 million were ahead of estimates of $421 million

• Aeropostale (NYSE:ARO - Snapshot Report) earned 92 cents in the third quarter, one cent above Zacks estimates, on inline revenues of $568 million.  The firm said it expects fourth-quarter earnings of $1.20 to $1.24 a share

• Bank of America (NYSE:BAC - Analyst Report) was upgraded by FBR, with the price target raised to $20 from $15

Read the full analyst report on CMCSA

Read the full analyst report on GE

Read the full analyst report on BAC

Read the full analyst report on WY

Read the full analyst report on TOL

Read the full analyst report on ARO

Read the full analyst report on BAC

 

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