Company News for December 29, 2009

• STEC (NASDAQ:STEC) shares moved higher for the tenth session, gaining on takeover speculation. Moreover, Broadpoint AmTech posted a "buy" rating on the shares with a $23 priced target.

• Apple (NASDAQ:AAPL) shares remained on an upward path, up 1.2% on Monday, as rumors circulated regarding the timing of its "iSlate" product launch, with several analysts believing introduction likely by first quarter's end.

• JP Morgan (NYSE:JPM) upgraded Cosan (NYSE:CZZ) to "overweight" with a $10 price target.

• Piper Jaffray (NYSE:PJC) recommended IMAX (NASDAQ:IMAX) as its top, small-cap stock pick for 2010, with a $16 price target.

• Fairchild Semiconductor (NYSE:FCS) settled a patent lawsuit with Infineon Technologies (OTC:IFNNY), planning to record a $6 million fourth quarter charge.

• General Motors (NYSE:GM) is attempting to move leftover inventory of its Saturn and Pontiac brands, offering large incentives.

• Chicken producer Pilgrim's Pride (OTC:PGPDQ) emerged from bankruptcy protection.

Read the full analyst report on STEC

Read the full analyst report on AAPL

Read the full analyst report on JPM

Read the full analyst report on CZZ

Read the full analyst report on PJC

Read the full analyst report on IMAX

Read the full analyst report on FCS

Read the full analyst report on GM

Read the full analyst report on PGPDQ