Premarket Roundup: Apple, Family Dollar
The Associated Press
Among the premarket stories for Tuesday, Oct. 20, from AP Financial News: The surge in Apple Inc. shares continued into premarket trading Tuesday after the company's quarterly profit soared past Wall Street expectations. Credit Suisse upgraded its investment rating on Family Dollar Stores Inc. on Tuesday, saying the discount chain is likely to grow its square footage over the next 5 years and increase profit margins. GameStop Corp. shares slipped ahead of regular trading Tuesday after a Janney Montgomery Scott analyst cut the company's stock rating, pointing to a weak near-term outlook for video game sales. Yahoo Inc.'s third-quarter earnings are expected to show the long-slumping Internet company may be on the verge of turning the corner as the online advertising market starts to rebound.- Loading Comments...
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