Company News for October 5, 2011 - Corporate Summary

•    Monsanto Co. MON posted fiscal fourth-quarter loss of $0.22 cents a share, better than the Zacks Consensus Estimate of a loss of $0.27. Revenues rose 15.1% year-over-year to $2.25 billion from $1.95 billion

•    Reacting to news that Microsoft MSFT is considering a bid for Yahoo YHOO, shares of the company gained 3.30% to close at $25.89

•    Share prices of lightning manufacture Acuity Brands Inc. AYI increased 11.67% to close at $37.73 after the company posted profitable fourth quarter results

•    Share prices of Lufkin Industries Inc. LUFK fell 8.79% during the early hours of trading after the company lowered its outlook for the third-quarter

•    Analysts at Citigroup upgraded shares of Acorda Therapeutics ACOR to "Buy" rating from "Hold" rating

•    Analysts at Citi upgraded shares of Cbeyond Inc CBEY to "Buy" rating from "Hold" rating

•    Analysts at Citigroup upgraded shares of CBS Corporation CBS to "Buy" rating from "Hold" rating

•    Analysts at Credit Suisse upgraded shares of CTC Media CTCM to "Neutral" rating from "Underperform" rating
 
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