• BP (NYSE:BP) is reportedly in talks to sell up to $12 billion in assets
• Weyerhaeuser (NYSE:WY) declared a special $5.6 billion dividend, tied to its REIT conversion
• AON (NYSE:AON) plans to purchase Hewitt (NYSE:HEW) for $4.9 billion, or $50.00 per share in cash
• Goldman Sachs (NYSE:GS) added Northrop Grumman (NYSE:NOC) to its Conviction Sell List, reducing its price target from $52 to $48
• Wells Fargo (NYSE:WFC) downgraded Marriott International (NYSE:MAR) from “outperform” to “market perform,” and reduced the price target from a range of $37-$39 to $32
• Marriott is due to release second quarter results on Wednesday
• Goldman Sachs (NYSE:GS) added Lorillard (NYSE:LO) to its Conviction Buy List, with a price target of $96
• JMS upgraded Microsoft (NASDAQ:MSFT) from “neutral” to “buy” with a price target of $30
• Needham upgraded Yahoo (NASDAQ:YHOO) from “hold” to “buy,” with a price target of $20
