Premarket Roundup: Novell, Marvell

Stock quotes in this article: AEM , ARUN , MRVL , NEM , NOVL  

Among the premarket stories for Friday, August 28, from AP Financial News:

NEW YORK (AP) — A Jefferies analyst said Friday that revenue growth for Novell Inc. is "still elusive," and reiterated a "Hold" rating on the provider of computer networking software and technology services.

NEW YORK (AP) — Shares of Marvell Technology Group Ltd. jumped in premarket trading Friday, a day after posting what an FBR Capital Markets analyst called "blowout" results for the second quarter and boosting its sales guidance for the third quarter.

NEW YORK (AP) — Rising gold prices, a low-cost mining model and strong management will bolster shares of Agnico-Eagle Mines Ltd., an analyst said Friday as he initiated a "Buy" rating on the gold producer.

NEW YORK (AP) — Shares of Newmont Mining Corp., one of the world's biggest gold producers, will likely rise on increased production from a new mine and on expectations that gold prices will strengthen, an analyst said Friday.

NEW YORK (AP) — Shares of Aruba Networks Inc. advanced in premarket trading Friday after the wireless networking technology company posted better-than-expected sales for its fiscal fourth quarter and offered a strong revenue forecast for the current period.

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