Company News for September 2, 2010 - Corporate Summary

• Canadian Solar (NASDAQ:CSIQ) reported worse-than-expected second-quarter earnings of 7 cents a share, below estimates of 15 cents, on better-than-estimated revenues of $328.7 million, versus estimates of $306 million

• VimpelCom (NYSE:VIP) posted worse-than-anticipated second quarter results of 28 cents, below estimates of 40 cents, on inline revenues of $2.64 billion

• JMP upgraded Hewlett-Packard (NYSE:HPQ) to “outperform” from “market perform”

• Deutsche Bank (NYSE:DB) reinstated Allscripts (NASDAQ:MDRX) with a “hold” rating and a $19.50 price target

• KBW initiated coverage of Moody’s (NYSE:MCO) with a “market perform” rating and a price target of $25

• Citigroup (NYSE:C) upgraded PPL (NYSE:PPL) to “buy” from “hold”

• RBC upgraded Rio Tinto (NYSE:RTP) to “outperform” from “sector perform”

• Piper Jaffray (NYSE:PJC) reiterated its “overweight” rating on Red Hat (NYSE:RHT) and raised the price target from $37 to $40

• FBR maintained its “outperform” on Texas Instruments (NYSE:TXN), with a price target of $36

Company News for September 2, 2010 – Corporate Summary

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