Company News for July 2, 2009

• Exelon (NYSE:EXC) announced that it has increased its all-stock offer for NRG Energy (NYSE:NRG) 12.4% to $7.73 billion

• Deutsche Bank (NYSE:DB) began coverage of Cisco Systems (NASDAQ:CSCO) with a "buy" rating and a price target of $26, noting, "We anticipate accelerating growth to be driven by customer upgrades as network traffic strains installed products. We also anticipate good uptake for the new initiatives around unified computing and video networking"

• Sepracor (NASDAQ:SEPR) announced that its experimental depression drug SEP-225289 failed to meet primary efficacy endpoint of reduced depression symptoms after eight weeks of treatment

• Morgan Stanley (NYSE:MS) is expected to post a second quarter loss of between $400 million and $1 billion, on lower trading profits and higher charges, according to analysts

• Google's (NASDAQ:GOOG) CEO Schmidt in a interview noted the impact of government stimulus funds starting to work, 2009 economic conditions expected to remain "difficult," with a recovery in 2010, and Google results to be impacted by changing tax policies

Read the full analyst report on EXC

Read the full analyst report on NRG

Read the full analyst report on DB

Read the full analyst report on CSCO

Read the full analyst report on SEPR

Read the full analyst report on MS

Read the full analyst report on GOOG