Premarket Roundup: Google, Tempur-Pedic
THE ASSOCIATED PRESS
Among the premarket stories for Friday, Oct. 16, from AP Financial News: Google Inc. shares rose after the company's third-quarter results signaled that the Internet advertising market is experiencing a turnaround and that the search leader is set to be the prime beneficiary. Shares of Tempur-Pedic International Inc. rose after the company's third-quarter profit and improving business trends prompted an analyst to raise his price target on shares of the mattress and pillow company. Shares of Colfax Corp., a pump and valve maker, were downgraded following recent gains in its stock and little sign of catalysts that might propel the shares higher. NutriSystem Inc.'s third quarter results could point the way to improvement in 2010 for the weight loss company, a Janney analyst said.- Loading Comments...
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