Company News for December 15, 2009

• Charles Schwab (NASDAQ:SCHW - Analyst Report) said it expects fourth quarter earnings ex-items of about 13 cents to 15 cents per share, short of Street estimates of 17 cents, citing lower interest rates and light trading volume

• Goldman Sachs (NYSE:GS - Analyst Report) began coverage of IPO Hyatt (NYSE:H - Snapshot Report) with a "buy" rating and a $36 target, citing "better-than-expected earnings and an increasing realization by investors that the lodging recovery is not only real, but looks set to be sustained, should lead to share outperformance"

• Wells Fargo (NYSE:WFC - Analyst Report) and Deutsche Bank (NYSE:DB - Snapshot Report) both upgraded News Corp (NASDAQ:NWSA - Analyst Report) to "outperform," lifting their target prices on the shares

• Piper Jaffray (NYSE:PJC - Snapshot Report) maintained its "overweight" rating on Red Hat (NYSE:RHT - Snapshot Report) but raised its price target to $34

• Deutsche Bank (NYSE:DB - Snapshot Report) upgraded shares of Wells Fargo (NYSE:WFC - Analyst Report) and BB&T (NYSE:BBT - Analyst Report) to "buy," raising Wells Fargo's price target to $36 and BB&T's to $32

• Boeing's (NYSE:BA - Analyst Report) much-awaited Dreamliner test flight is set for today's lift-off

Read the full analyst report on SCHW

Read the full analyst report on GS

Read the full analyst report on H

Read the full analyst report on WFC

Read the full analyst report on DB

Read the full analyst report on NWSA

Read the full analyst report on PJC

Read the full analyst report on RHT

Read the full analyst report on DB

Read the full analyst report on BBT

Read the full analyst report on BA