Company News for December 08, 2009

• Boeing (NYSE:BA - Analyst Report) much-awaited first Dreamliner flight is likely to happen as early as next week

• Cadbury (NYSE:CBY) may formally reply to Kraft's (NYSE:KFT - Analyst Report) $16 billion bid on December 14

• CF Industries (NYSE:CF - Analyst Report) increased its hostile bid for Terra Industries (NYSE:TRA) to $36.75 from $32 cash, taking the total value of the offer to $45.91

• Sprint (NYSE:S - Analyst Report) shares climbed 13% on a Barron's article, which viewed the shares as undervalued, anticipating a gain of as much as 50%, based upon a growing subscriber base

• Citigroup (NYSE:C - Analyst Report) and Wells Fargo (NYSE:WFC - Analyst Report) both are attempting to convince the government to allow them to repay TARP before the window for share offerings closes next week

• 3M (NYSE:MMM - Analyst Report) increased guidance for next year, but failed to meet Street estimates for this year. The firm expects 2009 earnings of $4.50 to $4.55 a share.  The company anticipates 2010 earnings of $4.89 to $5.00 a share on sales of $24.5 billion to $25.5 billion

• SunTrust (NYSE:STI - Analyst Report) upgraded M&T Bank (NYSE:MTB - Analyst Report) to a "buy," with a price target of $85

• AutoZone (NYSE:AZO - Analyst Report) reported fiscal first quarter earnings of $2.82, well ahead of Zacks estimates of $2.66 on inline revenues of $1.6 billion

Read the full analyst report on BA

Read the full analyst report on CBY

Read the full analyst report on KFT

Read the full analyst report on CF

Read the full analyst report on S

Read the full analyst report on C

Read the full analyst report on WFC

Read the full analyst report on MMM

Read the full analyst report on STI

Read the full analyst report on AZO