Company News for March 21, 2011 - Corporate Summary

• Cisco Systems (NASDAQ:CSCO) announced that on March 17, 2011 its board of directors approved the initiation of quarterly cash dividends of $0.06 to its shareholders, which is the first cash dividend in the company’s history. A quarterly dividend will be paid on April 20, 2011 to all shareholders of record as of the close of business on March 31, 2011

• Nike (NYSE:NKE) disappointed with fiscal third quarter earnings of $1.08, missing the Zacks Consensus Estimate of $1.12

• General Mills (NYSE:GIS) announced an agreement to purchase a majority stake in French yogurt firm Yoplait for $1.1 billion

• Merriman initiated coverage on Camtek (NASDAQ:CAMT) with a Buy rating

• Rodman & Renshaw initiated coverage on DSP Group (NASDAQ:DSPG) with an Outperform rating

• UBS upgraded Motorola Mobility Holdings (NYSE:MMI) to Buy from Neutral

• Jefferies initiated coverage on Dana (NYSE:DAN) with a Buy rating

• FBR Capital upgraded Diamond Offshore Drilling (NYSE:DO) to Market Perform from Underperform

• Jefferies initiated coverage on Ford Motor (NYSE:F) with a Buy rating

• Macquarie downgraded CDC Software (NASDAQ:CDCS) to Neutral from Outperform

• Jefferies initiated coverage on American Axle & Manufacturing (NYSE:AXL) with a Hold rating

• Jefferies initiated coverage on Autoliv (NYSE:ALV) with a Hold rating

• Credit Suisse downgraded AutoNation (NYSE:AN) to Neutral from Outperform

• Jefferies initiated coverage on General Motors (NYSE:GM), Gentex (NASDAQ:GNTX) and Johnson Controls (NYSE:JCI) with a Hold rating

Company News for March 21, 2011 – Corporate Summary

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