Stocks Upgrade Ryan, Amcore, Tenet January-05-10
ryan.vlastelica.reuters.com@reuters.net 0921 EST 5Jan2010-Citigroup resumes coverage on Lear as "buy" ------------------------------------------------------------------------------ Citigroup resumed coverage on Lear Corp with a "buy" rating and $85 price target on Tuesday. The firm wrote that as global auto demand recovers, the company could generate close to $900 million in earnings before interest, taxes, depreciation and amortization. Citi also said past overhangs for the stock "have been addressed by Lear's impressive backlog growth and latest capital expenditure projections." Shares of Lear rose 1.3 percent at $70.23. Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0906 EST 5Jan2010-Berkshire votes no on Kraft share issue proposal ------------------------------------------------------------------------------ Berkshire Hathaway Inc said on Tuesday it voted "no" on Kraft Foods Inc's proposal to issue 370 million shares to fa...