(AAPL) Company News for March 17, 2011 – Corporate Summary

March 18th, 2011

• Weatherford International (NYSE:WFT) shares dropped 2.79% to close at $19.88 after the company said disruptions in the Middle East and North Africa along with weather-related issues have forced it to cut Q1 earnings projections

• Deutsche Bank upgraded BB&T Corporation (NYSE:BBT) from “Hold” to “Buy” rating with a target price of $31

• Brokerage firm Robert W. Baird upgraded Kodiak Oil & Gas Corp (AMEX:KOG) from “Neutral” to “Outperform” rating with a target price of $8

• UBS upgraded Marathon Oil Corporation (NYSE:MRO) from “Neutral” to “Buy” rating. However, Marathon Oil lost 0.49% or $0.24 to close at $48.73

• Stifel Nicolaus upgraded Liberty Global Inc (NASDAQ:LBTYA) from “Hold” to “Buy” rating

• International Business Machines Corp (NYSE:IBM) slipped 3.79% to $153.0 after Sanford Bernstein downgraded the company from “Outperform” to “Market Perform” rating

• FBR Capital downgraded Hercules Offshore Inc (NASDAQ:HERO) from “Market Perform” to “Underperform” rating with a target price of $4.50. Hercules Offshore tumbled 9.13$ or $0.53 to close at $5.22

• On Wednesday JMP Securities downgraded Apple (NASDAQ:AAPL) from “Market Outperform” to “Market Perform”.

• Steakhouse chain Morton’s Restaurant Group Inc.’s (NYSE:MRT) rocketed 11.8% to $7.20 after the company said it was exploring options, including a possible sale of the company

APPLE INC (AAPL): Free Stock Analysis Report

BB&T CORP (BBT): Free Stock Analysis Report

HERCULES OFFSHR (HERO): Free Stock Analysis Report

INTL BUS MACH (IBM): Free Stock Analysis Report

KODIAK OIL&GAS (KOG): Free Stock Analysis Report

LIBERTY GLBL-A (LBTYA): Free Stock Analysis Report

MARATHON OIL CP (MRO): Free Stock Analysis Report

MORTONS RESTRNT (MRT): Free Stock Analysis Report

WEATHERFORD INT (WFT): Free Stock Analysis Report

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