Before the bell: Stocks could reboundThe day has finally come. June 9 is here and Apple (NASDAQ: AAPL)'s Steve Jobs is expected to announced a new 3G iPhone in his keynote speech during the annual developers conference in San Francisco. The features of a new iPhone have been the subject of much speculation, all to be settled today, one way or the other. A new business model is also expected with subsidies paid by wireless carriers.
Boeing Co (NYSE: BA) said on Monday its 787 Dreamliner would make its first flight in the fourth quarter of 2008, on schedule according to the revised timeline announced in April for the new aeroplane's launch. First deliveries of the plane were scheduled for the third quarter of 2009, also as previously stated.
American International Group Inc (NYSE: AIG)'s CEO, Martin Sullivan, is facing dissent from three large shareholders who together control 4%, as reported Sunday on The Wall Street Journal. They sent a letter to the board regarding management improvements.
After Google Inc. (NASDAQ: GOOG) had done it, Microsoft Corp. (NASDAQ: MSFT) wants to as well. Microsoft and Kaiser Permanente, the biggest U.S. health maintenance organization (HMO), are working on a patient information exchange pilot program to help give patients more control over their health records. Google Health was launched in February.
Britain's Astex Therapeutics, a privately owned biotech company, has signed a cancer drug research deal with Johnson & Johnson (NYSE: JNJ) potentially worth more than $500 million in milestone payments. "The deal grants a worldwide licence to J&J's Janssen unit to develop and commercialise compounds arising from Astex's FGFR inhibitor programme and establishes a novel drug discovery programme focused on two further cancer drug targets."
Hewlett-Packard Co (NYSE: HPQ) said on Sunday it had settled patent litigation with smaller Taiwan rival Acer.
Were News Corp.'s 'Ice Age' sequel and GE's 'Public Enemies' disappointments? 
Before the bell: Futures decline as oil falls sharply; GM's bankruptcy plan approved
Entrepreneur's Journal: Key steps for telesales success
