- S&P: 160 global corporate defaults so far in 2009: one a day sounds about on par.
- ECB share of covered bond purchases is EUR 4.8bln
- Porsche says negotiations with Qatar approaching final stretch
- Daimler doesn't want to buy Porsche stake, according to Welt Am Sonntag
- Citigroup cuts JP Morgan Chase & Co (JPM) Q2 share view to USD 0.07 vs. Prev. USD 0.11
- And two for the clown box:
- Rochdale Securities' Richard Bove cuts Goldman Sachs (GS) 2009 share view to USD 14.95 from USD 15.71
- Mugabe says Zimbabwe may revive own currency
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