Company News for May 8, 2009

• Toyota (NYSE:TM - Analyst Report) reported its first-ever annual loss, nearly twice estimates, citing strengthening in the yen and a global demand collapse. The company cut its dividend for the first time

• Public Storage (NYSE:PSA - Analyst Report) reported first quarter earnings of $1.16 per share, missing estimates by 4 cents a share, as revenues fell 0.8% year-over-year to $347 million

• Assured Guaranty (NYSE:AGO - Snapshot Report) reported first quarter earnings of 69 cents a share, 52 cents ahead of estimates, on revenues of $148 million

• General Electric's (NYSE:GE - Analyst Report) CEO Immelt noted the company's finance unit is doing better than expected. Barclays (NYSE:BCS - Analyst Report) raised GE's (NYSE:GE - Analyst Report) price target from $10 to $15 and upped the rating to "overweight"

• According to PharmaTimes, GlaxoSmithKline (NYSE:GSK - Analyst Report) released data showing its new cervical cancer vaccine, Cervaris, showed "significantly" improved responses over Merck's (NYSE:MRK - Analyst Report) Gardasil

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