Company News for June 22, 2009

• Reports suggest Xstrata and Anglo American (NASDAQ:AAUK) are engaged in merger talks in a deal which could total about $68 billion and result in the combined firm becoming the world's number-three miner behind BHP Billiton (NYSE:BHP) and Vale (NASDAQ:VALE)

• Reuters reported 100,000 of Apple (NASDAQ:AAPL) iPhone 3Gs were sold via preorders, explaining away some of the launch's diminished excitement level. Some news reports said Steve Jobs underwent a liver transplant two months ago in Tennessee, and is still due back at month's end

• Walgreen (NYSE:WAG) is expected to report fiscal third-quarter earnings of 56 cents a share

• UBS (NYSE:UBS) upgraded Vulcan Materials (NYSE:VMC) to "buy," based upon housing and infrastructure recovery

• JP Morgan (NYSE:JPM) upgraded Verisign (NASDAQ:VRSN) to "overweight" from "neutral"

• According to a Wall Street Journal report, Amazon.com (NASDAQ:AMZN) may stop conducting businesses with some retailers in states, which would force sales tax payments on online transactions

Read the full analyst report on AAUK

Read the full analyst report on BHP

Read the full analyst report on VALE

Read the full analyst report on AAPL

Read the full analyst report on WAG

Read the full analyst report on UBS

Read the full analyst report on VMC

Read the full analyst report on JPM

Read the full analyst report on VRSN

Read the full analyst report on AMZN