Company News for February 26, 2010

• AIG (NYSE:AIG - Analyst Report) posted an $8.9 billion loss and said it could knock on the US government’s door to help meet its obligations

• CKE Restaurants (NYSE:CKR) will be purchased by Thomas H Lee Partners for $928 million, or $11.05 per share

• Interpublic Group (NYSE:IPG - Analyst Report) reported inline sales and earnings for its fourth quarter, with results of 24 cents on revenues of $1.8 billion

• Gap (NYSE:GPS - Analyst Report) reported after the close yesterday that its earnings topped estimates by one cent at 51 cents and revenues matched Zacks estimates at $4.24 billion

• Conseco (NYSE:CNO - Analyst Report) reported earnings of 15 cents, missing Zacks estimates of 20 cents, on revenues of $1.06 billion, which fell short of projections at $1.11 billion

• Goldman Sachs (NYSE:GS - Analyst Report) initiated coverage of JM Smucker (NYSE:SJM - Analyst Report) with a rating of "neutral," and a $67 price target

• Goldman Sachs (NYSE:GS - Analyst Report) upgraded shares of AstraZeneca (NYSE:ACN - Snapshot Report) and GlaxoSmithKline (NYSE:GSK - Analyst Report) from "sell" to "neutral."

• Deutsche Bank (NYSE:DB - Snapshot Report) upgraded both China Unicom (NYSE:CHU - Analyst Report) and China Telecom (NYSE:CHA - Snapshot Report) to "buy" from "hold."

Read the full analyst report on AIG

Read the full analyst report on CKR

Read the full analyst report on IPG

Read the full analyst report on GPS

Read the full analyst report on CNO

Read the full analyst report on GS

Read the full analyst report on SJM

Read the full analyst report on ACN

Read the full analyst report on GSK

Read the full analyst report on DB

Read the full analyst report on CHU

Read the full analyst report on CHA