Stock Market News Briefs: AT&T, Campbell Soup Company, Citigroup, Goldman Sachs Group, International Business Machines, Mosaic Company, Sprint Nextel, Transocean, UBS AG, Wells Fargo & Company, First Solar, Northern Trust Corporation
- Campbell Soup (NYSE:CPB) posted fiscal third quarter earnings of 54 cents a share, up from Zacks estimates of 51 cents versus break 48 cents a year earlier on inline revenues of $1.8 billion
- IBM (NYSE:IBM) announced plans to buy Sterling Commerce from AT&T (NYSE:T) for $1.4 billion
- Goldman Sachs (NYSE:GS) upgraded shares of Citigroup (NYSE:C) to “buy” from “neutral,” with a price target of $4.50
- FBR upgraded shares of Transocean (NYSE:RIG) to “outperform” from “market perform,” with a price target of $87.
- Goldman Sachs (NYSE:GS) cut Wells Fargo (NYSE:WFC) to “neutral” from “buy”
- Auriga upgraded First Solar (NASDAQ:FSLR) from “hold” to “buy,” with a price target of $138
- UBS (NYSE:UBS) upgraded Mosaic (NYSE:MOS) to “buy” from “neutral”
- Goldman Sachs (NYSE:GS) added Northern Trust (NASDAQ:NTRS) on its Conviction Buy List
- Goldman Sachs (NYSE:GS) upgraded Sprint (NYSE:S) to “buy” from “neutral,” lifting the price target to $6 from $3.50
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