Goldman Sachs Group Inc. (NYSE: GS) equities research analysts gave shares of Camelot Information Systems (NYSE: CIS) with a “neutral” rating in a research note to investors on Thursday.

Camelot Information Systems Inc. (Camelot) is a holding company that conducts business, through its operating subsidiaries in China. The Company is a provider of enterprise application services and financial industry information technology (IT) services in China. The Company’s primary service lines include enterprise application services (EAS), which consists of packaged software services for enterprise resource planning (ERP) software packages, and software development and maintenance services, and financial industry IT services (FIS), which primarily consists of software solutions, system support and maintenance, as well as IT consulting services for the financial industry. Camelot provides services to a range of industries, including financial services, resources and energy, manufacturing, automobile and technology. On July 1, 2009, the Company acquired Agree Technology Co., Ltd. In December 2009, it acquired Beijing Tansun Software Technology Co., Ltd.

Shares of CIS traded down 1.73% hitting $15.30 during mid-day trading on Thursday.

This article (Goldman Sachs Group Inc. (NYSE: GS) Gives Camelot InfoSys (NYSE: CIS) a “Neutral” Rating) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.


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Analyst at Citigroup, Inc’s (NYSE: C) equities research division gave shares of HJ Heinz Co (NYSE: HNZ) a “buy” rating with a price target of $4.00 citing upside to analysts’ consensus estimates for FY2011 earnings.

H. J. Heinz Company together with its subsidiaries is engaged in manufacturing and marketing a range of food products globally. The Company’s principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products. The Company’s principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products. The Company’s products are manufactured and packaged to provide safe, wholesome foods for consumers, as well as foodservice and institutional customers. The Company manufactures and contracts for the manufacture of its products from a range of raw foods. The Company operates in five segments: North American Consumer Products, Europe, Asia/Pacific, U.S. Foodservice and Rest of World.

Shares of HNZ traded up 0.50% hitting $46.50 during mid-day trading on Thursday.

This article (Citigroup, Inc (NYSE: C) Reiterates “Buy” Rating on HJ Heinz (NYSE: HNZ)) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.


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Goldman Sachs Group Inc. (NYSE: GS) analysts upgraded shares of FormFactor (NASDAQ: FORM) from “Neutral” to “Sell” in a research note to investors on Thursday.

FormFactor, Inc. (FormFactor) designs, develops, manufactures, sells and supports precision semiconductor wafer probe cards. The Company has facilities in United States, Japan, Germany, Taiwan, Italy, South Korea and Singapore and the People’s Republic of China. Semiconductor manufacturers use the Company’s wafer probe cards to perform wafer sort and test on the semiconductor die, or chips, on the whole semiconductor wafer prior to singulation of the wafer into individual chips. FormFactor offers products and solutions that are custom designed for semiconductor manufacturers’ wafer designs. The Company’s MicroSpring interconnect technology, which includes resilient spring-like contact elements, enables it to produce wafer probe cards for applications that require reliability, speed, precision and signal integrity.In October 2009, the Company completed the acquisition of certain precision motion control automation assets from Electroglas.

Shares of FORM traded up 4.32% hitting $7.25 during mid-day trading on Thursday.

This article (Goldman Sachs Group Inc. (NYSE: GS) Upgrades FormFactor (NASDAQ: FORM)) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.


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