Premarket Roundup: Supermarkets, Adtran
Among the premarket stories for Friday, Sept. 11, from AP Financial News:
NEW YORK (AP) An analyst on Friday forecast a tough upcoming quarter for supermarkets, given food deflation and high competition, but said this is temporary and that fundamentals will improve in the first half of 2010. NEW YORK (AP) Adtran Inc. should see improving sales in a new partnership with Ericsson Telephone Co., a Morgan Keegan analyst said as he upgraded shares to "Outperform" from "Market Perform." NEW YORK (AP) Analysts split over National Semiconductor Corp.'s fiscal first-quarter results, with some expecting a further snapback in sales and others expressing doubts. HARTFORD, Conn. (AP) Federal stimulus spending for broadband expansion will drive telecommunications network infrastructure, particularly benefiting small companies, an analyst said Friday. NEW YORK (AP) Shares of Plum Creek Timber Co., a real estate investment trust, have declined enough to warrant an improved rating on the shares, an analyst said Friday, upgrading the stock to "Neutral."- Loading Comments...
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