Innovation Update

Premarket Roundup: Apple, Family Dollar

Stock quotes in this article: AAPL , FDO , GME , YHOO  

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.

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