Company News for September 17, 2010 - Corporate Summary

• Johnson & Johnson (NYSE:JNJ) is reportedly planning to buy its remaining stake in Dutch biopharmaceutical firm Crucell (NASDAQ:CRXL), in a deal valued at $2.29 billion

• Goldman Sachs (NYSE:GS) upgraded CenturyLink (NYSE:CTL) to “buy” from “neutral”

• Goldman Sachs (NYSE:GS) upgraded Qwest (NYSE:Q) to “buy” from “neutral,” taking the price target from $5.75 to $7.00

• UBS (NYSE:UBS) downgraded Noble Energy (NYSE:NBL) to “neutral” from “buy,” with a price target of $76

• Macquarie cut Massey Energy (NYSE:MEE) shares to “neutral” from “outperform”

• HSBC (NYSE:HBC) downgraded BHP Billiton (NYSE:BHP) from “overweight” to “neutral,” setting a price target of $29.50

• Jefferies (NYSE:JEF) started coverage of McDonalds (NYSE:MCD) with a “hold” rating and a price target of $75

• Janney Montgomery downgraded International Game Technologies (NYSE:IGT) to “neutral” from “buy”

Company News for September 17, 2010 – Corporate Summary

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