Premarket Roundup: Greif, Texas Instruments

Stock quotes in this article: ALXN , ATHN , FNB , GEF , JBL  

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.

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