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Premarket Roundup: Palm, Sallie Mae

The Associated Press

Among the premarket stories for Monday, June 8, from AP Financial News:

NEW YORK (AP) — Analysts tempered their enthusiasm for Palm Inc.'s Pre smart phone, which went on sale this weekend, with limited supplies of the device and a relatively small number of software applications drawing concern.

CHARLOTTE, N.C. (AP) — A William Blair & Co. analyst says Sallie Mae will continue receiving student loan-servicing business, even if the government takes over student loan lending.

NEW YORK (AP) — Financial stocks will likely be in focus Monday — the last day for some of the nation's largest banks to have their capital-raising plans in place.

NEW YORK (AP) — DuPont's exposure to General Motors Corp.'s bankruptcy filing presents a manageable risk, said an analyst on Monday as he reiterated his "Buy" rating for the chemical company.

HARTFORD, Conn. (AP) — Barnes Group Inc. may not have considered the bankruptcy filings of General Motors Corp. and Chrysler LLC when it tempered its guidance last month, an analyst said Monday as he cut his profit estimate for the aerospace and industrial components manufacturer.

NEW YORK (AP) — An analyst downgraded Regal Entertainment Group Monday on concern that sluggish box office sales could drag quarterly results below expectations.