Company News for June 29, 2010

• Emerson Electric (NYSE:EMR - Analyst Report) raised its bid for Chloride to $1.5 billion in an attempt to stave off a recommended $1.25 billion offer from Switzerland's ABB

• A WSJ report says Abbott Labs (NYSE:ABT - Analyst Report) is planning to sell its vaccine business in a deal that could result in $614 million

• Tesla Motors starts trading on the NASDAQ this morning with a TSLA symbol after its $226 million initial offering priced at $17 per share following yesterday's market close

• Goldman Sachs (NYSE:GS - Analyst Report) initiated coverage of Berkshire Hathaway A and B shares (NYSE:BRKA and BRKB), setting respective price targets of $152,000 and $101

• FBR upgraded shares of Noble (NYSE:NE - Analyst Report) from "market perform" to "outperform," taking the price target from $36 to $42

• Goldman Sachs (NYSE:GS - Analyst Report) upgraded Disney (NYSE:DIS - Analyst Report) from "neutral" to "buy," taking the price target from $33 to $42

• Deutsche Bank (NYSE:DB - Snapshot Report) reiterated its "buy" rating on Seagate Technology (NYSE:STX - Snapshot Report), but cut the price target from $28 to $27

• Deutsche Bank (NYSE:DB - Snapshot Report) reiterated a "buy" rating on Western Digital (NYSE:WDC - Analyst Report), and lowered the price target from $55 to $51

• Goldman Sachs (NYSE:GS - Analyst Report) upgraded News Corporation (NYSE:NWS - Snapshot Report) to "buy" from "neutral," raising the price target from $15.50 to $17

Read the full analyst report on EMR

Read the full analyst report on ABT

Read the full analyst report on GS

Read the full analyst report on NE

Read the full analyst report on DIS

Read the full analyst report on DB

Read the full analyst report on STX

Read the full analyst report on WDC

Read the full analyst report on NWS