• For the first time in its corporate history, General Motors’ first half China sales beat US sales
• Google (NASDAQ:GOOG) said it bought online travel company ITA Software for $700 million
• Blockbuster (NYSE:BBI) skipped interest payments as the NYSE moved to delist Class A and B shares, effective Wednesday
• A Bloomberg report says Sanofi-Aventis SA (NYSE:SNY) is ready to make a major biotech acquisition of over $20 billion
• Bank of America/Merrill Lynch (NYSE:BAC) initiated coverage of BancorpSouth (NYSE:BXS) with a “buy” rating and a price target of $22
