Company News for September 2, 2010

• Canadian Solar (NASDAQ:CSIQ) reported worse-than-expected second-quarter earnings of 7 cents a share, below estimates of 15 cents, on better-than-estimated revenues of $328.7 million, versus estimates of $306 million

• VimpelCom (NYSE:VIP) posted worse-than-anticipated second quarter results of 28 cents, below estimates of 40 cents, on inline revenues of $2.64 billion

• JMP upgraded Hewlett-Packard (NYSE:HPQ) to "outperform" from "market perform"

• Deutsche Bank (NYSE:DB) reinstated Allscripts (NASDAQ:MDRX) with a "hold" rating and a $19.50 price target

• KBW initiated coverage of Moody's (NYSE:MCO) with a "market perform" rating and a price target of $25

• Citigroup (NYSE:C) upgraded PPL (NYSE:PPL) to "buy" from "hold"

• RBC upgraded Rio Tinto (NYSE:RTP) to "outperform" from "sector perform"

• Piper Jaffray (NYSE:PJC) reiterated its "overweight" rating on Red Hat (NYSE:RHT) and raised the price target from $37 to $40

• FBR maintained its "outperform" on Texas Instruments (NYSE:TXN), with a price target of $36

Read the full analyst report on CSIQ

Read the full analyst report on VIP

Read the full analyst report on HPQ

Read the full analyst report on DB

Read the full analyst report on MDRX

Read the full analyst report on MCO

Read the full analyst report on C

Read the full analyst report on PPL

Read the full analyst report on RTP

Read the full analyst report on PJC

Read the full analyst report on RHT

Read the full analyst report on TXN