Zacks Investment Research

Stock Market News Briefs: AK Steel Holding Corporation, American International Group, Inc., Bank Of New York Mellon Corporation (The), Goldman Sachs Group, Inc. (The), MetLife, Inc., PNC Bank Corp., Toyota Motor Corporation, USX Corporation, Dendreon Corporation, Fifth Third Bancorp, Research In Motion Limited, Yahoo! Inc.

By Zacks Investment Research on March 8, 2010 | More Posts By Zacks Investment Research | Author's Website
  •  AIG (NYSE:AIG) is reportedly close to a deal to sell its international unit, Alico, to MetLife (NYSE:MET) for $15.5 billion in cash and stock
  •  Toyota Motor (NYSE:TM) president expects the auto-maker’s North American sales could recover in March
  •  The Bank of NY Mellon (NYSE:BK) agreed to purchase Germany’s BHF Asset Servicing GmbH for about $343 million
  •  Goldman Sachs (NYSE:GS) upgraded US Steel (NYSE:X) from “neutral” to “buy,” lifting the price target from $55 to $70, while downgrading shares of AK Steel (NYSE:AKS) to “neutral” from “buy,” and setting a price target of $26
  •  Lazard upgraded Dendreon (NASDAQ:DNDN) to “buy” and lifted the price target to $39 from $35
  •  FBR upgraded PNC Financial (NYSE:PNC) to “outperform” from “market perform,” and raised the price target to $65 from $55
  •  JMP Securities upgraded Yahoo (NASDAQ:YHOO) to “outperform” from “market perform,” with a $21 price target
  •  FBR downgraded Fifth Third (NASDAQ:FITB) to “market perform” from “outperform,” with a price target of $14
  •  BMO Capital upgraded Research in Motion (NASDAQ:RIMM) to “outperform,” raising the target price from $70 to $88

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