Company News for December 30, 2010 - Corporate Summary

• BHP Billiton (NYSE:BHP) plans to offer a price of $90 per share for Anadarko (NYSE:APC)

• Lockheed Martin (NYSE:LMT) was awarded a Navy contract yesterday to build 10 warships known as Littoral Combat Ships, between now and 2015 worth up to $3.6 billion

• Susquehanna increased its target price of Global Payments (NYSE:GPN) from $47 to $55, and maintained its positive outlook

• Credit Suisse (NYSE:CS) lowered their earnings projections for both Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS), keeping an “outperform” rating with a price target of $190 for Goldman and $35 for Morgan Stanley

• Jefferies (NYSE:JEF) has maintained a “buy” rating on Public Service Enterprise (NYSE:PEG)

• Boston Properties (NYSE:BXP) has completed the purchase of John Hancock Tower for $930 million

• Endo Pharmaceuticals (NASDAQ:ENDP) received FDA approval for Fortesta, which is its low-testosterone treatment

Company News for December 30, 2010 – Corporate Summary

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