Among the premarket stories for Friday, March 26, from AP Financial News:
NEW YORK (AP) — MGM Mirage is under increased pressure from impending financial agreements and a lawsuit by its CityCenter partner, an analyst said Friday as he downgraded the casino operator and slashed its price target by more than half. NEW YORK (AP) — A Morgan Keegan & Co. analyst upgraded Plantronics Inc. Friday after the headset maker announced that it will shutter a manufacturing plant in China and cut almost 700 jobs. NEW YORK (AP) — Shares of First Solar Inc. fell in premarket trading Friday after an analyst lowered his rating on the solar panel maker, citing continued declines in average selling prices, credit market constraints and a weak economy that has prompted businesses to recoil from spending on solar projects. CHARLOTTE, N.C. (AP) — An analyst initiated coverage of investment banks Goldman Sachs Group Inc. and Morgan Stanley Friday, saying the former is positioned to benefit from the inward focus of many of its once formidable competitors.- Loading Comments...
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