Company News for May 31, 2011 - Corporate Summary

•    Marvell Technology Group Ltd. (NASDAQ:MRVL) reported first quarter fiscal 2012 adjusted earnings per share of 24 cents, 2 cents shy of the Zacks Consensus Estimate of 26 cents. Despite the miss, shares increased 8.86% in after-market trade on encouraging second quarter guidance

•    Graham Corp. (AMEX:GHM) reported fourth quarter EPS of 27 cents, ahead of the Zacks Consensus Estimate of 19 cents per share 

•    Google Inc. (NASDAQ:GOOG) was sued by eBay Inc.'s (NASDAQ:EBAY) PayPal over allegations of stealing mobile payment technology trade secrets

•    Morgan Stanley (NYSE:MS) downgraded AFLAC Inc. (NYSE:AFL) to equal weight 

•    It was reported that MedcoHealth Solutions Inc. (NYSE:MHS) will lose the Federal Employee Program contract to CVS Caremark Corporation (NYSE:CVS), effective January 2012

•    The Goldman Sachs Group, Inc. (NYSE:GS) upgraded its rating on Nasdaq OMX Group Inc. (NASDAQ:NDAQ) to buy after the latter failed to successfully bid for NYSE Euronext, Inc. (NYSE:NYX)

•    Comments from FBR Capital Markets Corporation (NASDAQ:FBCM) stating that growing demand for smartphones will benefit Broadcom Corp. (NASDAQ:BRCM) lifted BRCM's share price by 5.4%

•    Deutsche Bank AG (NYSE:DB) downgraded Weyerhaeuser Co. (NYSE:WY) to Sell from Hold

•    Wells Fargo & Company (NYSE:WFC) upgraded Entergy Corporation (NYSE:ETR) to Outperform from Market Perform

AFLAC INC (AFL): Free Stock Analysis Report

BROADCOM CORP-A (BRCM): Free Stock Analysis Report

CVS CAREMARK CP (CVS): Free Stock Analysis Report

DEUTSCHE BK AG (DB): Free Stock Analysis Report

EBAY INC (EBAY): Free Stock Analysis Report

FBR CAPITAL MKT (FBCM): Free Stock Analysis Report

GRAHAM CORP (GHM): Free Stock Analysis Report

GOOGLE INC-CL A (GOOG): Free Stock Analysis Report

GOLDMAN SACHS (GS): Free Stock Analysis Report

MEDCO HLTH SOL (MHS): Free Stock Analysis Report

MARVELL TECH GP (MRVL): Free Stock Analysis Report

MORGAN STANLEY (MS): Free Stock Analysis Report

NASDAQ OMX GRP (NDAQ): Free Stock Analysis Report

NYSE EURONEXT (NYX): Free Stock Analysis Report

WEYERHAEUSER CO (WY): Free Stock Analysis Report

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