Company News for March 07, 2011 - Corporate Summary

• Bank of America (NYSE:BAC) lowered its Q1 EPS estimate for Citigroup to $0.10 from $0.13, against a Zacks Consensus Estimate of $0.10 per share, and for Goldman Sachs to $3.91 from $5.93, against a Zacks Consensus Estimate of $4.23 per share

• Wal-Mart Stores Inc (NYSE:WMT) said its board of directors has approved a yearly dividend of $1.46 this year, up 21% from the $1.21 dividend paid out last year

• Madison Square Garden, Inc. (NASDAQ:MSG) reported Q4 EPS of $0.42, below the Zacks Consensus Estimate of $0.45 per share

• RW Baird upgraded Altera (NASDAQ:ALTR) to Outperform from Neutral

• Morgan Stanley upgraded Capital One Financial (NYSE:COF) to Overweight from Equal Weight

• Wells Fargo initiated coverage on Charles Schwab (NASDAQ:SCHW) with an Outperform rating

• RW Baird downgraded Cerus (NASDAQ:CERS) to Neutral from Buy

• Janney Montgomery downgraded Cogdell Spencer (NYSE:CSA) to Neutral from Buy

• William Blair downgraded Monster Worldwide (NYSE:MWW) to Market Perform from Outperform

• Wells Fargo initiated coverage on TD Ameritrade Holding (NASDAQ:AMTD) with a Market Perform rating

Company News for March 07, 2011 – Corporate Summary

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