Premarket Roundup: Smith & Wesson, Taleo

Among the premarket stories for Thursday, Sept. 10, from AP Financial News:

NEW YORK (AP) — Smith & Wesson Holding Corp. shares rose sharply Thursday as the pistol maker's quarterly earnings beat analysts' estimates that were based on expectations that an "Obama-led frenzy" of demand for firearms would start dissolving.

NEW YORK (AP) — An analyst upgraded Taleo Corp. Thursday, citing a lagging stock price and more realistic expectations for the company's earnings.

NEW YORK (AP) — Cardinal Health Inc.'s growth prospects for fiscal 2011 are already reflected in the stock price, an analyst said, downgrading the drug and medical supplies distributor' shares.

NEW YORK (AP) — An analyst on Thursday upgraded Brady Corp., which makes labels, signs and safety devices, predicting the company's earnings and market share will climb as the recession wanes.