Before the bell: AAPL, GM, UBS, BUD, MO, MSFT, GS ... |
| Published: May 27, 2008, 4:23 am |
| Tags: aapl, bud, gm, gs, inbev, inthenenews, leh, mo, ms, msft, ubs |
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Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Microsoft (MSFT), Apple Inc (AAPL), General Motors (GM), Altria Group (MO), Anheuser-Busch Cos (BUD), Goldman Sachs Group (GS), Morgan Stanley (MS), Lehman Br Holdings (LEH)Before the bell: Futures mixed after break, ahead of data Apple Inc. (NASDAQ: AAPL) has managed to cover yet another area of the globe. TeliaSonera AB, Sweden's largest telephone company, said it will start selling the iPhone later this year in countries in the Nordic and Baltic region: Sweden, Norway, Denmark, Finland, Lithuania, Latvia and Estonia. General Motors Corp. (NYSE: GM), which saw its shares reaching 1982 levels Friday, also saw its shares downgraded by Citigroup from Buy to Hold and cut his price target to $21 from $32. The analyst said "the automaker will likely burn through $7 billion in cash through 2009 and may need to raise more capital." UBS (NYSE: UBS) shares are plunging 14% in premarket trading [ Full article ] |
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