Company News for July 2, 2010 - Corporate Summary

• For the first time in its corporate history, General Motors' first half China sales beat US sales

• Google GOOG said it bought online travel company ITA Software for $700 million

• Blockbuster BBI skipped interest payments as the NYSE moved to delist Class A and B shares, effective Wednesday

• A Bloomberg report says Sanofi-Aventis SA SNY is ready to make a major biotech acquisition of over $20 billion

• Bank of America/Merrill Lynch BAC initiated coverage of BancorpSouth BXS with a "buy" rating and a price target of $22