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.- Loading Comments...
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