• Beat Buy (NYSE:BBY) reported Q4 EPS today of $1.98, beating the Zacks Consensus Estimate of $1.84 per share. Revenue for the quarter was down 1.8% year-over-year to $16.3 billion higher than the Zacks Consensus Estimate of $16.298 billion
• Walgreen Co. (NYSE:WAG) reported its plan to purchase online pharmacy drugstore.com inc (NASDAQ:DSCM) for $3.80 a share, or about $409 million
• Medical-device manufacturer TranS1 Inc (NASDAQ:TSON) said U.S. regulators had cleared its spinal implant system
• On late Wednesday, MediciNova Inc’s (NASDAQ:MNOV) announced an $8.25 million public offering of stock and warrants
• Madison Williams analysts initiated coverage on Kinder Morgan (NYSE:KMI) setting a target price of $34.00 with “accumulate” rating
• Howard Weil analysts initiated coverage on McDermott International (NYSE:MDR) with an “Outperform” rating with a target price of $30.00
• Oppenheimer initiated coverage on Sky-mobi (NASDAQ:MOBI) with an “Outperform” rating and with a target price of $14.00
• Citigroup (NYSE:C) initiated coverage on shares of SuccessFactors, Inc. (NASDAQ:SFSF) with a “Buy” rating with a target price of $45.00 per share
• Citigroup (NYSE:C) initiated coverage on shares of Taleo Corp (NASDAQ:TLEO) with a “Buy” rating and a $44.00 price target on the stock
BEST BUY (BBY): Free Stock Analysis Report
CITIGROUP INC (C): Free Stock Analysis Report
DRUGSTORE.COM (DSCM): Free Stock Analysis Report
MCDERMOTT INTL (MDR): Free Stock Analysis Report
MEDICINOVA INC (MNOV): Free Stock Analysis Report
SUCCESSFACTORS (SFSF): Free Stock Analysis Report
TALEO CORP-A (TLEO): Free Stock Analysis Report
TRANS1 INC (TSON): Free Stock Analysis Report
WALGREEN CO (WAG): Free Stock Analysis Report
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