Company News For Dec 10, 2010 - Corporate Summary

• China's Petrochemical agreed to purchase Occidental Petroleum's OXY oil and gas holding in Argentina for $2.45 billion

• Community Health CYH made an offer for Tenet THC for $3.3 billion, or $6 per share, which the firm declined

• Beckman Coulter BEC is examining prospects for selling itself for about $5 billion
 
• National Semiconductor NSM posted better-than-estimated fiscal third quarter earnings of $0.34, beating Zacks Consensus Estimate of $0.32, on revenues of $390 million

• Goldman Sachs GS upgraded Procter & Gamble PG to "buy," with a target price of $75

• RBC initiated coverage of International Flavors & Fragrances IFF at "outperform," with a target price of $68
 
• FBR upgraded Capital One COF to "outperform" from "market perform," raising the price target from $45 to $53