Company News for June 4, 2009

• Wal-Mart (NYSE:WMT - Snapshot Report) announced that it plans 22,000 new hirings in its US stores this year. Last year the firm added 33,800 jobs, a tally which includes Sam's Clubs, unlike the prior number. The company's annual meeting is scheduled for Friday

• Prudential (NYSE:PRU - Snapshot Report) shares declined 2.9% following its $1.25 billion share offering was priced at $39 per share

• Aluminum Corp. of China (NYSE:ACH - Analyst Report) may revise its Rio Tinto (NYSE:RTP - Analyst Report) $19.5 billion deal before the expiration of its June 14 deadline

• Ciena (NASDAQ:CIEN - Analyst Report) reported a fiscal second quarter loss of 25 cents a share, a 16 cent miss, as revenues plunged 40.5% to $144 million
• Costco's (NASDAQ:COST - Snapshot Report) reported its May same-store-sales dropped 7%, more than the expected 6.4% decline

• Goldman Sachs (NYSE:GS - Analyst Report) received a Bernstein analyst upgrade due to its capital strength, permitting the firm to take advantage of improving conditions in fixed income, currency and commodity markets

• United Airlines (NASDAQ:UAUA - Analyst Report) has asked Boeing (NYSE:BA - Analyst Report) and Airbus to prepare competitive bids for 150 planes, valued at approximately $10 billion