Company News for February 1, 2010
• ExxonMobil (NYSE:XOM - Analyst Report) posted fourth quarter earnings of $1.27 a share, beating Zacks of $1.19 a share, versus $1.55 a year ago. The company reported revenues of $89.84 billion
• Humana (NYSE:HUM - Analyst Report) posted fourth quarter earnings of $1.48, in-line with Zacks estimates, versus $1.07 on revenues of $7.63 billion, ahead of Zacks estimates of $7.72 billion. The company raised its full-year guidance to $5.15-$5.35
• Morgan Stanley (NYSE:MS - Analyst Report) upgraded Comerica (NYSE:CMA - Analyst Report) to "overweight," raising the price target to $45 up from $40
• Barclays (NYSE:BCS - Snapshot Report) downgraded Mirant (NYSE:MIR) to "underweight," dropping the price target from $15 to $12
• Deutsche Bank (NYSE:DB - Snapshot Report) downgraded Macy's (NYSE:M - Analyst Report) to "hold," with a price target dropped from $26 to $17
• JP Morgan (NYSE:JPM - Analyst Report) upgraded Eastman Chemical (NYSE:EMN - Analyst Report) to "overweight," lifting the price target from $60 to $70
• Disney (NYSE:DIS - Analyst Report) is reportedly planning sale of its Miramax unit, with an estimated price tag of over $700 million
• Citigroup (NYSE:C - Analyst Report) reportedly may sell or spin off its $10 billion Citi Private Equity unit to reduce debt, with reports suggesting its managers are considering purchase of the business
Read the full analyst report on XOM
Read the full analyst report on HUM
Read the full analyst report on MS
Read the full analyst report on CMA
Read the full analyst report on BCS
Read the full analyst report on MIR
Read the full analyst report on DB
Read the full analyst report on M
Read the full analyst report on JPM
Read the full analyst report on EMN
Read the full analyst report on DIS
Read the full analyst report on C

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