Company News for September 13, 2010 - Corporate Summary

• Deutsche Bank (NYSE:DB) announced plans to raise at least $12.5 billion in fresh capital to meet stricter capital requirements and increase its stake in Postbank from 30% currently

• Hewlett-Packard (NYSE:HPQ) confirmed its intentions to acquire ArcSight (NASDAQ:ARST) for $1.5 billion

• Hertz (NYSE:HTZ) sweetened its offer for Dollar Thrifty (NYSE:DTG) to about $1.56 billion, or $50 per share, up $10.80 per share from its previous bid

• A Barron’s article opined Xerox (NYSE:XRX) shares could double over the next three years

• Goldman Sachs (NYSE:GS) removed 3M (NYSE:MMM) from its “Conviction Buy List,” but kept its “buy” rating and $104 price target on the shares intact

• Goldman Sachs (NYSE:GS) added Cummins (NYSE:CMI) to its “Conviction Buy” list

• Susquehanna downgraded shares of Research In Motion (NASDAQ:RIMM) from “neutral” to “negative,” in advance of Thursday’s fiscal second quarter earnings post

• Deutsche Bank (NYSE:DB) downgraded ExxonMobil (NYSE:XOM) to “hold” from “buy,” cutting the price target to $65 from $70

• Goldman Sachs (NYSE:GS) downgraded Autozone (NYSE:AZO) to “sell” from “neutral,” but raised the price target to $213 from $211

Company News for September 13, 2010 – Corporate Summary

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