Company News For Dec 14, 2010 - Corporate Summary

• Pfizer PFE announced a quarterly dividend increase of 11% to $0.20
 
• Sanderson Farms SAFM reported fiscal fourth quarter earnings of $2.08, beating Zacks Consensus Estimate of $1.69, on revenues of $529.1 million, which was ahead of Zacks Consensus Estimate of $524.0 million

• Jefferies JEF initiated coverage on Total TOT with a "buy" rating and placed British Petroleum BP at "hold"
 
• Goldman Sachs GS initiated coverage of AmerisourceBergen ABC and placed the company on its Conviction Buy List

• Morgan Stanley MS removed Apple AAPL from its "Best Ideas" List
 
• Janney Montgomery initiated coverage on EMC EMC with a "buy" rating and a target price of $26
 
• Wells Fargo WFC upgraded Goodrich GR to "outperform" from "market perform" with a target price in the range of $21-$23

• Amgen AMGN announced a study of its Xgeva bone drug, which showed prostate cancer patients lived longer as the drug prevented the disease from spreading to the bones