Among the premarket stories for Monday, August 17, from AP Financial News:
NEW YORK (AP) Capital One Financial Corp. said Monday that defaults on its U.S. credit cards rose in July. NEW YORK (AP) Shares of GameStop Corp., the world's largest videogame retailer, slid 5 percent in premarket trading Monday after an analyst predicted its second-quarter results would fall short and the company would have to cut its guidance. NEW YORK (AP) Health insurer Aetna Inc. will need two years to bring its profit margins back to their former levels, an Oppenheimer analyst said Monday in a note to client. NEW YORK (AP) Warner Bros. is trying to wring more profit from DVD sales and that presents Netflix Inc., the order-by-mail service, with a couple of bad scenarios, a William Blair & Co. analyst warned Monday. NEW YORK (AP) Analysts on Monday remained confident in Callaway Golf Co.'s business prospects, despite a court ruling that was a setback for the sporting goods company. NEW YORK (AP) NetSuite Inc.'s revenue growth should bottom out in the third quarter and continue expanding through next year, a Credit Suisse analyst said Monday, upgrading shares to "Outperform" from "Neutral." NEW YORK (AP) A potential shortage of Genzyme Corp.'s drug Cerezyme could boost sales of a rival treatment that has yet to be approved, a Lazard Capital Markets analyst said Monday.- Loading Comments...
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