Company News: BAC, DELL, CLWR, BX, OVTI, C, REGN, JEF, BLK, WDR, BRCM

• According to reports, Bank of America Corporation (NYSE:BAC) has planned to sell at least half of its 10% stake in China Construction Bank

• Dell Inc. (NASDAQ:DELL) announced the finalization of its acquisition of Force10 Networks, and Dell expects the purchase to be accretive to the earnings in next year’s second half

• A Bloomberg report stated that Clearwire Corporation (NASDAQ:CLWR) is in talks with The Blackstone Group (NYSE:BX) about restructuring options

• OmniVision Technologies Inc.’s (NASDAQ:OVTI) fourth quarter earnings of $0.57 per share beat the Zacks Consensus Estimate by a penny, or 1.8%

• Citigroup, Inc. (NYSE:C) downgraded Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) to “Hold” from a “Buy” rating

• Jefferies Group Inc. (NYSE:JEF) initiated coverage on BlackRock, Inc. (NYSE:BLK) with a “Hold” rating

• Jefferies initiated coverage on Waddell & Reed Financial Inc. (NYSE:WDR) with a “Buy” rating

• Think Equity initiated coverage on Broadcom Corp. (NASDAQ:BRCM) with a “Buy” rating.

BLACKROCK INC (BLK): Free Stock Analysis Report