Among the premarket stories for Tuesday, June 9, from AP Financial News:
HARTFORD, Conn. (AP) Greif Inc. is poised for a higher profit in 2010 following cost-cutting this year, an analyst said as he raised his price target for the industrial packaging products manufacturer by nearly 10 percent. NEW YORK (AP) Shares of Texas Instruments climbed in premarket trading after the chip maker raised its profit forecast for the quarter, a move seen by analysts as a tentative sign of recovery following a brutal six months for the semiconductor industry. NEW YORK (AP) Shares of F.N.B. Corp. fell in premarket trading after the banking company announced plans to sell $115 million of its common stock. NEW YORK (AP) A William Blair & Co. analyst upgraded shares of Athenahealth Inc., citing the financial benefits electronic health record adoption could have for the company. There is still a wide difference of opinion, however, on how the recent stimulus bill will actually play out for the technology. NEW YORK (AP) Leerink Swann analyst Howard Liang reaffirmed an "Outperform" rating for Alexion Pharmaceuticals Inc., citing the future revenue potential for its key drug Soliris. NEW YORK (AP) Jabil Circuit Inc., whose shares have risen sharply over the past three months, drew a downgrade Tuesday from a Credit Suisse analyst.- Loading Comments...
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