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Company News for October 6, 2011

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By: Zacks Equity Research
October 06, 2011 | Comment(s): 0
Recommended this article (6)
MON | MSFT | AYI | LUFK | ACOR | CBEY | CBS | CTCM
•    Monsanto Co. (NYSE:MON - Analyst Report) reported its 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 (NASDAQ:MSFT - Analyst Report) is considering a bid for Yahoo (NASDAQ:YHOO - Analyst Report), shares of the company gained 3.30% to close at $25.89

•    Share prices of lightning manufacture Acuity Brands Inc. (NYSE:AYI - Snapshot Report) increased 11.67% to close at $37.73 after the company posted a profitable fourth quarter results

•    Share prices Lufkin Industries Inc. (NASDAQ:LUFK - Snapshot Report) fell 8.79% during the early hours of the days trade after the company lowered its outlook for the third-quarter

•    Analysts at Citigroup upgraded shares of Acorda Therapeutics (NASDAQ:ACOR - Snapshot Report) to "Buy" rating from "Hold" rating

•    Analysts at Citi upgraded shares of Cbeyond Inc (NASDAQ:CBEY - Snapshot Report) to "Buy" rating from "Hold" rating

•    Analysts at Citigroup upgraded shares of CBS Corporation (NYSE:CBS - Analyst Report) to "Buy" rating from "Hold" rating

•    Analysts at Credit Suisse upgraded shares of CTC Media (NASDAQ:CTCM - Snapshot Report) to "Neutral" rating from "Underperform" rating

Read the full analyst report on MON

Read the full analyst report on MSFT

Read the full analyst report on AYI

Read the full analyst report on LUFK

Read the full analyst report on ACOR

Read the full analyst report on CBEY

Read the full analyst report on CBS

Read the full analyst report on CTCM

 

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