Company News for March 23, 2011

•Research In Motion (NASDAQ:RIMM) announced the launch of its highly anticipated BlackBerry PlayBook tablet, which will be available at more than 20,000 stores in the U.S. and Canada at a base price of $499

•Goldman Sachs (NYSE:GS) analysts downgraded shares of AMERIGROUP Corp. (NYSE: AGP) to “Sell” from “Neutral” rating

•Wells Fargo & Co. (NYSE:WFC) analysts downgraded shares of Alexander & Baldwin, Inc. (NASDAQ: ALEX) to “Underperform” from “Market Perform” rating

•Barclays Capital analysts downgraded shares of B&G Foods, Inc. (NYSE: BGS) to “Equal Weight” from “Overweight” rating with a target price of $17.00

•RBC Capital analysts downgraded shares of Expeditors International (NASDAQ: EXPD) to “Sector Perform” from “Outperform” rating with a target price of $53.00 from $55.00

•Analysts of Davenport downgraded shares of Hormel Foods Co. (NYSE: HRL) to “Neutral” from “Buy” rating

•JPMorgan (NYSE:JPM) downgraded shares of Nestle (NASDAQ: NSRGY) to “Neutral” from “Overweight” rating

•Morgan Joseph downgraded shares of Towerstream Corp (NASDAQ: TWER) to “Sell” from “Hold” rating with a target price of $3.00

•Citigroup (NYSE:C) upgraded shares of Actuant Co. (NYSE: ATU) to “Buy” from “Hold” rating citing the move as a valuation call

•Morgan Stanley (NYSE:MS) upgraded shares of Celanese Co. (NYSE: CE) to “Overweight” from “Equal Weight” rating with a target price of $50.00