Company News for June 2, 2010 - Corporate Summary

• Joseph A. Bank JOSB posted better-than-expected first quarter earnings of 85 cents a share, up from Zacks expectations of 71 cents, on estimate-topping revenues of $178.1 million, ahead of Zacks estimates of $175 million

• Prudential PRU dropped from its offer to acquire AIG's AIG AIA division

• Goldman Sachs GS upgraded Joy Global JOYG to “buy" from "neutral," with a price target of $61

• UBS UBS upgraded JP Morgan JPM to "buy" from "neutral"

• FBR upgraded TCF TCB to "market perform" from "underperform," with a $16 price target

• Goldman Sachs GS initiated coverage of Blue Nile NILE with a "buy" rating and a price target of $62

• Amgen AMGN said drug regulators approved its injectable, osteoporosis drug, Prolia, used to help stop bone fractures in post-menopausal women

• Needham maintained its strong buy on Teva TEVA, with a price target of $75