December 07, 2010 11:45 ET Daily Investment Stock Report Alerts: Intel Corp., Pfizer Inc., Sirius XM Radio Inc. and Sprint Nextel Corp.

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Standpoint Research this morning cut its rating on shares of Intel to Hold from Buy, writing that the stock has hit the $22 price target the firm set when it initiated coverage back on September 9th. Jeffrey Kindler resigned as Pfizer Inc.'s chief executive officer after he refused to name a head of operations as part of a plan agreed to by senior managers in September, said a person familiar with the proceedings. Sirius XM Radio is extending its deal with the NFL for another five seasons, providing play-by-play coverage on Sirius for all of the league's games through the Super Bowl in February 2016. Sprint Nextel promised to save up to $11 billion in the next seven years from a big network restructuring that involves eventually getting rid of the iDen network it bought from Nextel in 2005.

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