Company News for December 20, 2010 - Corporate Summary

• AT&T (NYSE:T) plans a $1.925 billion purchase of Qualcomm’s (NASDAQ:QCOM) wireless spectrum

• Sasol (NYSE:SSL) offered $1.04 billion for 50% stake in Talisman Energy’s (NYSE:TLM) share gas assets

• Raytheon (NYSE:RTN) has offered shareholders $38 per share for Applied Signal Technology (NASDAQ:APSG) in a deal worth $490 million

• Barron’s view Illinois Tool Works (NYSE:ITW) shares, as underpriced with a 20+% upside potential

• Chevron (NYSE:CVX) announced suspension of production at a Nigerian Delta pipeline amid military actions

• Sony (NYSE:SNE) plans to sell fewer-than-anticipated LCDs than previously estimated. According to comScore, online sales has risen by 12% to $27.5 billion, analysts forecast a further rise of 3%-4%

• Bank of America (NYSE:BAC) has joined ranks with MasterCard (NYSE:MA) and PayPal, denying transaction processing for WikiLeaks

Company News for December 20, 2010 – Corporate Summary

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