This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Premarket Roundup: McDonald's, Santarus

The Associated Press

Among the premarket stories for Wednesday, Dec. 2, from AP Financial News:

¿ While the retirement of McDonald's Corp. President and Chief Operating Officer Ralph Alvarez is disappointing, the casual restaurant chain has a deep enough management team to continue to fare well after his departure, an analyst said.

¿ Shares of Santarus Inc. soared in premarket activity after the Food and Drug Administration approved an over-the-counter version of the company's prescription heartburn drug Zegerid.

¿ A Keefe, Bruyette & Woods analyst upgraded bond insurer Assured Guaranty Ltd., saying the public offering of 23.9 million shares announced late Monday will help shore up its capital base and protect its investment-grade rating.

¿ Shares of KB Home rose in premarket trading after a Credit Suisse analyst upgraded the homebuilder, saying he expects a benefit from a possible tax refund, and he anticipates growth in new orders this spring.

¿ Housing construction is picking up and demand is expected to rise for products from Beacon Roofing Supply Inc., an analyst said as he raised his rating on the company.

¿ Shares of Pepco Holdings Inc. will have a difficult time outperforming the market after a big rise in recent weeks, said an analyst as he downgraded the stock.

¿ A Credit Suisse analyst upgraded MDC Holdings Inc., saying the homebuilder's balance sheet is solid and that the company is "aggressively" looking to buy land.

¿ DreamWorks Animation SKG Inc. should get a boost next year from the film "How to Train Your Dragon," a Janney Montgomery Scott analyst said as he upgraded the company's stock.
Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
SNTS $0.00 0.00%
AGO $25.23 0.00%
BECN $34.63 0.00%
DWA $24.47 0.00%
KBH $15.96 0.00%

Markets

Chart of I:DJI
DOW 17,745.98 -5.41 -0.03%
S&P 500 2,108.63 +0.06 0.00%
NASDAQ 5,128.7850 +17.0520 0.33%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs