Company News for July 1, 2010 - Corporate Summary

• Yahoo YHOO said its board authorized a new $3 billion share buyback program for the next three years

• Wedbush initiated coverage of Pegasystems PEGA with an "outperform" rating and a $40 price target

• S&P lifted its rating on Tupperware Brands TUP to BBB-, with a stable outlook

• Apollo Group APOL posted one-cent better than estimates fiscal third quarter results of $1.74 on in-line revenues of $1.3 billion

• Toyota TM said it will fix engine problems in 270,000 vehicles

• Amazon.com AMZN purchased online shopping company WOOT

• Goldman Sachs GS CEO would not rule out shedding its bank holding status