Premarket roundup: Analyst unsure how much AIG will receive for assets, casual dining cut
NEW YORK (Associated Press) - Among the premarket activity stories for Monday, Oct. 6, from AP Financial News:
NEW YORK (AP) _ An analyst said Monday he remains concerned about insurer American International Group Inc.'s liquidity after its asset sales to help pay back a government loan.
CHICAGO (AP) _ A Goldman Sachs analyst took a dim view of the nation's casual dining restaurant chains, telling investors in a research note that the industry will likely face pressure as diners ratchet down discretionary spending at least through next year.
NEW YORK (AP) _ Shares of financial services firms mostly fell in premarket trading Monday amid continued worries the ongoing credit crisis is spreading globally as European governments moved to save troubled banks over the weekend.
NEW YORK (AP) _ A team of analysts cut their earnings estimates and price targets on an array of auto retailers, citing slower-than-expected vehicle sales in September.
NEW YORK (AP) _ A Friedman, Billings, Ramsey analyst downgraded Adobe Systems Inc. Monday, saying the tough economy could mute the success of Creative Suite 4, the latest version of the software package that brings in the majority of the company's revenue.
NEW YORK (AP) _ An analyst on Monday said Dollar Tree Stores Inc. is benefiting amid a difficult environment as consumers shift to lower-priced stores, and upgraded the discount retailer to "Overweight" from "Neutral." 