Company News for May 8, 2009

• Toyota (NYSE:TM) 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) 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) reported first quarter earnings of 69 cents a share, 52 cents ahead of estimates, on revenues of $148 million

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

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

Read the full analyst report on TM

Read the full analyst report on PSA

Read the full analyst report on AGO

Read the full analyst report on GE

Read the full analyst report on BCS

Read the full analyst report on GE

Read the full analyst report on GSK