Among the premarket stories for Thursday, March 19, from AP Financial News: NEW YORK (AP) ¿ Shares of Oracle Corp. climbed in premarket trading Thursday after the business-software maker posted fiscal third-quarter profit and sales above Wall Street's expectations amid healthy contract signings despite the economic downturn. NEW YORK (AP) ¿ American Apparel Inc.'s risk profile has significantly improved since the clothing maker secured an $80 million investment from a private equity firm, said an analyst on Thursday, who lifted the stock to a "Buy" rating. NEW YORK (AP) ¿ Analysts remained upbeat about Nike Inc.'s outlook early Thursday even after the athletic apparel and footwear maker reported weaker-than-expected orders. HARTFORD, Conn. (AP) ¿ An analyst cut his profit estimates for Cintas Corp. Thursday, a day after the corporate uniform supplier said its fiscal third-quarter profit fell 12 percent due to the slowing economy. NEW YORK (AP) ¿ Asbury Automotive Group Inc. has cut costs and shown itself to be profitable despite the weak automobile market, a Deutsche Bank analyst said in upgrading shares of the auto retailer.
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