Company News for June 1, 2010 - Corporate Summary

• Prudential’s PRU downwardly revised $30.4 billion offer for AIG’s AIG Asian life-insurance puts the deal in jeopardy as AIG refuses to accept it

• BP BP shares fell nosedived 14% this morning after the its "top kill" effort failed to stop the estimated 12,000-19,000 barrels escaping daily

• Apple AAPL says it has sold two million iPad devices in the past two months, helped by a strong international launch

• Janney Montgomery upgraded Las Vegas Sands LVS to "buy"

• Covidien COV said it plans to buy ev3 EVVV for $2.6 billion, or $22.50 per share in cash

• Goldman Sachs GS removed Halliburton HAL from its Conviction Buy List, but maintained a "buy" rating on the stock

• Piper Jaffray PJC maintained an "overweight" rating on Apple AAPL, but raised the price target to $330 from $323

• Wells Fargo WFC upgraded Thomas & Betts TMB to "outperform" and raised the price range by $3 to $47-$50

• FBR maintained its "outperform" rating on Broadcom BRCM, with a price target of $41

• Piper Jaffray PJC initiated coverage of Mitel Networks MITL with an "overweight" rating

• JMS downgraded Boyd Gaming BYD to "sell" from "hold," slashing the price target to $8.50 from $12

• Goldman Sachs GS upgraded Camden Property Trust CPT to "buy" from "neutral," taking the price target to $49