Company News for November 6, 2009 – Corporate Summary - StraightStocks

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Company News for November 6, 2009 – Corporate Summary
Nov 06, 2009 02:26 PM UTC

StraightStocks

Return	Risk
-6.98%	MID

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
NILE	n/a
GOOG	n/a
M	n/a
AMZN	n/a
VZ	n/a
F	n/a
JPM	n/a
SBUX	n/a
DB	n/a
GE	n/a
H	n/a
AIG	n/a

Via StraightStocks:

• Starbucks (NASDAQ:SBUX) reported fourth quarter earnings of 24 cents a share, up from last year's 10 cents, above Zacks estimates of 21 cents, as revenues dropped 3.7% to $2.42 billion. The firm raised its 2010 guidance to 15-20% earnings growth from prior guidance of 13-18% growth

• Hyatt Hotels (NYSE:H) shares gained 12% on their NYSE debut. The company sold 38 million shares at $25 per share

• JP Morgan (NYSE:JPM) lifted its price target on Ford (NYSE:F)

• The smartphone marketplace will watch today's launch of Verizon's (NYSE:VZ) much-heralded new "Droid" launch, using Google's (NASDAQ:GOOG) Android operating system

• AIG (NYSE:AIG) reported third quarter earnings of $2.85 ex-items

• Bernstein upgraded General Electric (NYSE:GE) and Amazon.com (NASDAQ:AMZN) shares

• JP Morgan (NYSE:JPM) upgraded Macy's (NYSE:M) shares

• Deutsche Bank (NYSE:DB) upgraded Blue Nile (NASDAQ:NILE) shares, lifting the price target from $30 to $50

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