Company News for September 15, 2010 - Corporate Summary

• MasterCard’s (NYSE:MA) board approved repurchase of up to $1 billion of its Class A common shares

• Needham & Co. maintained its “buy” rating on Varian Semiconductor (NASDAQ:VSEA), but lowered the price target to $32 from $35

• Citigroup (NYSE:C) initiated coverage of General Electric (NYSE:GE) with a “buy” rating and a $19 price target

• Microsoft (NASDAQ:MSFT) plans to introduce a new Internet Explorer today

• Rumors surfaced that Apple (NASDAQ:AAPL) may be planning to unveil a fresh iPad for the holidays, a move that runs counter to it traditional 12-month product cycles

• Investor Nelson Peltz reduced his holding in Heinz (NYSE:HNZ) by one-third to a 1% position

• Berkshire Hathaway (NYSE:BRK.A) sold 1.35 million shares of its Moody’s (NYSE:MCO) holdings

• UBS (NYSE:UBS) upgraded Rowan Companies (NYSE:RDC) to “buy” from “neutral”

Company News for September 15, 2010 – Corporate Summary

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