Company News for July 2, 2009

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

• Deutsche Bank (NYSE:DB - Snapshot Report) began coverage of Cisco Systems (NASDAQ:CSCO - Analyst Report) 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 - Snapshot Report) 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 - Analyst Report) 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