Company News for March 25,2011 - Corporate Summary

• Beat Buy BBY reported Q4 EPS today of $1.98, beating the Zacks Consensus Estimate of $1.84 per share. Revenue for the quarter was down 1.8% year-over-year to $16.3 billion higher than the Zacks Consensus Estimate of $16.298 billion

• Walgreen Co. WAG reported its plan to purchase online pharmacy drugstore.com inc DSCM for $3.80 a share, or about $409 million

• Medical-device manufacturer TranS1 Inc TSON said U.S. regulators had cleared its spinal implant system

• On late Wednesday, MediciNova Inc's MNOV announced an $8.25 million public offering of stock and warrants

• Madison Williams analysts initiated coverage on Kinder Morgan KMI setting a target price of $34.00 with “accumulate” rating

• Howard Weil analysts initiated coverage on McDermott International MDR with an “Outperform” rating with a target price of $30.00

• Oppenheimer initiated coverage on Sky-mobi MOBI with an “Outperform” rating and with a target price of $14.00

• Citigroup C initiated coverage on shares of SuccessFactors, Inc. SFSF with a “Buy” rating with a target price of $45.00 per share

• Citigroup C initiated coverage on shares of Taleo Corp TLEO with a “Buy” rating and a $44.00 price target on the stock