Company News: MON, MSFT, AYI, LUFK, ACOR, CBEY, CBS, CTCM

• Monsanto Co. (NYSE:MON) 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) 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) increased 11.67% to close at $37.73 after the company posted a profitable fourth quarter results

• Share prices Lufkin Industries Inc. (NASDAQ:LUFK) 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) to “Buy” rating from “Hold” rating

• Analysts at Citi upgraded shares of Cbeyond Inc (NASDAQ:CBEY) to “Buy” rating from “Hold” rating

• Analysts at Citigroup upgraded shares of CBS Corporation (NYSE:CBS) to “Buy” rating from “Hold” rating

• Analysts at Credit Suisse upgraded shares of CTC Media (NASDAQ:CTCM) to “Neutral” rating from “Underperform” rating.

CTC Media (CTCM): Free Stock Analysis Report

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