Premarket Roundup: NetApp, Morgan Stanley

Stock quotes in this article: AXP , CHS , DDUP , EMC , JPM , MS , NTAP , OMPI  

Among the premarket stories for Tuesday, June 2, from AP Financial News:

NEW YORK (AP) — Shares of NetApp Inc. slipped in premarket trading Tuesday after rival data storage company EMC Corp. topped its offer to buy Data Domain Inc.

NEW YORK (AP) — American Express Co., JPMorgan Chase & Co. and Morgan Stanley announced plans to sell common stock to help satisfy preconditions for repaying government loans received last fall amid the deepening credit crisis.

NEW YORK (AP) — An analyst removed Chico's FAS Inc. from her Top Picks list partly on improved margins and inventory control efforts, but remained upbeat on the clothing retailer's future prospects.

NEW YORK (AP) — A Thomas Weisel Partners analyst downgraded shares of aesthetic products makers Medicis Pharmaceuticals Corp. and Obagi Medical Products Inc., citing a downturn in consumer spending.

NEW YORK (AP) — Shares of H.B. Fuller Co. have reached a fair price and should perform in line with the Standard & Poor's 500 going forward, said an analyst as he upgraded the stock.

HARTFORD, Conn. (AP) — The weak dollar and anemic economies overseas could undermine staffing companies' second-quarter earnings, an analyst said.

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