Company News for November 22, 2010 - Corporate Summary

• Tyson (NYSE:TSN) posted fiscal fourth quarter earnings of $0.64, beating estimates of $0.56. Revenues were $7.44 billion, below estimates of $7.75 billion

• Tech Data (NASDAQ:TECD) reported third quarter earnings $1.07 up from estimates of $0.95 on revenues of $6.16 billion that beat estimates of $5.79 billion

• AIG (NYSE:AIG) put is rail car leasing unit up for sale

• Energy XXI (NASDAQ:EXXI) will pay $1.01 billion for ExxonMobil (NYSE:XOM) properties in the Gulf of Mexico

• Goldman Sachs (NYSE:GS) started Salix Pharmaceuticals (NASDAQ:SLXP) with Conviction Buy and a price target of $58

• FBR kept “market perform” on Intel (NASDAQ:INTC), with a price target of $57

• Wells Fargo (NYSE:WFC) downgraded Atwood Oceanics (NYSE:ATW) to “market perform” from “outperform,” taking the price target range from $38-$40 to $31-$33

• The latest Harry Potter film added $61.2 million to Warner Brothers’ (NYSE:TWX) coffers in its first day, with $330 million over the weekend worldwide

Company News for November 22, 2010 – Corporate Summary

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