» » Stock Market News Briefs: Accenture Ltd., American International Group, Inc., China Telecom Corp Ltd, China Unicom Ltd, CKE Restaurants, Inc., Conseco, Inc., Deutsche Bank AG, Gap, Inc. (The), GlaxoSmithKline PLC, Goldman Sachs Group, Inc. (The), Interpublic Group Of Companies, Inc. (The), J.M. Smucker Company (The)
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Stock Market News Briefs: Accenture Ltd., American International Group, Inc., China Telecom Corp Ltd, China Unicom Ltd, CKE Restaurants, Inc., Conseco, Inc., Deutsche Bank AG, Gap, Inc. (The), GlaxoSmithKline PLC, Goldman Sachs Group, Inc. (The), Interpublic Group Of Companies, Inc. (The), J.M. Smucker Company (The)

By Zacks Investment Research on | More Posts By | Zacks.com
  •  AIG (NYSE:AIG) posted an $8.9 billion loss and said it could knock on the US government’s door to help meet its obligations
  •  CKE Restaurants (NYSE:CKR) will be purchased by Thomas H Lee Partners for $928 million, or $11.05 per share
  •  Interpublic Group (NYSE:IPG) reported inline sales and earnings for its fourth quarter, with results of 24 cents on revenues of $1.8 billion
  •  Gap (NYSE:GPS) reported after the close yesterday that its earnings topped estimates by one cent at 51 cents and revenues matched Zacks estimates at $4.24 billion
  •  Conseco (NYSE:CNO) reported earnings of 15 cents, missing Zacks estimates of 20 cents, on revenues of $1.06 billion, which fell short of projections at $1.11 billion
  •  Goldman Sachs (NYSE:GS) initiated coverage of JM Smucker (NYSE:SJM) with a rating of “neutral,” and a $67 price target
  •  Goldman Sachs (NYSE:GS) upgraded shares of AstraZeneca (NYSE:ACN) and GlaxoSmithKline (NYSE:GSK) from “sell” to “neutral.”
  •  Deutsche Bank (NYSE:DB) upgraded both China Unicom (NYSE:CHU) and China Telecom (NYSE:CHA) to “buy” from “hold.”

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