Company News for October 1, 2010 - Corporate Summary

• Bank of America (NYSE:BAC) downgraded Caterpillar (NYSE:CAT) to “neutral” from “buy”

• Susquehanna downgraded Netflix (NASDAQ:NFLX) from “neutral” to “sell,” taking the price target to $120

• Wells Fargo (NYSE:WFC) downgraded Union Pacific (NYSE:UNP) and Norfolk & Southern (NYSE: NSC) from “outperform” to “market perform”

• Goldman Sachs (NYSE:GS) downgraded Limited Brands (NYSE:LTD) to “sell”

• FBR maintained an “outperform” on Marsh & McLennan (NYSE:MMC)

• Former head of German software company SAP (NYSE:SAP), Leo Apotheker, was named the new Chief Executive of Hewlett-Packard (NYSE:HPQ) with former Oracle (NASDAQ:ORCL) CEO Ray Lane named as non-executive chairman

• Morgan Stanley (NYSE:MS) downgraded ConocoPhillips (NYSE:COP) to “underweight” from “equal weight”

Company News for October 1, 2010 – Corporate Summary

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