Premarket Roundup: Abercrombie & Fitch, Yahoo

Among the premarket stories for Monday, June 1, from AP Financial News:

NEW YORK (AP) — Improved merchandise, lower prices and stronger customer traffic caused an analyst to upgrade shares of teen-apparel retailer Abercrombie & Fitch Co. on Monday.

NEW YORK (AP) — A Barclays analyst upgraded Yahoo Inc. Monday, saying the Internet company is in a better position now than at any point in the past few years to benefit from a rebound in advertising.

NEW YORK (AP) — Shares of Illinois Tool Works Inc. have declined to appealing levels and the company appears well-positioned for both stronger profit as well as acquisitions at bargain-basement prices, an analyst said Monday as she upgraded the stock.

NEW YORK (AP) — Department-store chain Kohl's Corp. will post stronger sales as it continues taking market share from competitors, an analyst said on Monday, while upgrading the stock.

HARTFORD, Conn. (AP) — An analyst shaved his profit estimates for Fluor Corp. Monday, despite his optimism for the construction and engineering company that he said could benefit from rising oil prices and prospects for more stability in the world economy.

NEW YORK (AP) — Shares of Portland General Electric Co. are attractively priced and have potential to rise given the expectations for long-term company growth, said an analyst as he upgraded the stock of Oregon's largest utility.