Company News for April 01, 2011 - Corporate Summary

• Hershey (NYSE:HSY) said it raised wholesale prices by 9.7% due to fuel, raw materials and transportation costs

• According to a Bloomberg report, regulators reported that Dendreon Corp.’s (NASDAQ:DNDN) prostate cancer drug Provenge should be covered by the U.S. government for use by3 old men

• BMO Capital Markets Ltd upgraded computer-services company Acxiom Corp. (NASDAQ:ACXM) to “Outperform” from “Market perform” rating

• Molecular-technology provider Luna Innovations Inc. (NASDAQ:LUNA) agreed to extend a development agreement with Intuitive Surgical Inc.(NASDAQ:ISRG)

• Late on Wednesday, MAKO Surgical Corp (NASDAQ:MAKO) reported that it had an order for 11 surgery systems from Health Management Associates Inc (NYSE:HMA)

• Nobel Financial upgraded biotech company Pharmasset Inc.(NASDAQ:VRUS) to “Buy” from “Hold” rating

• Morgan Stanley (NYSE:MS) upgraded electric-car maker Tesla Motors Inc.(NASDAQ:TSLA) to “Overweight” from “Equal weight” rating

• According to reports, Oaktree Capital Management will invest $200 million in debt-riddled oil carrier General Maritime Corp (NYSE:GMR)

• Auto-parts suppliers ArvinMeritor Inc. (NYSE:MTOR) said it would close its European trailer axle business and lowered its second quarter earnings forecasts

Company News for April 01, 2011 – Corporate Summary

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