Friday, October 3, 2008

Premarket roundup: Analyst says regulated utilities remain attractive, WABCO downgraded

Regulated utilities remain an attractive investment in a low-interest rate environment given expected net income growth of up to 9 percent, a Goldman Sachs analyst said Tuesday.


NEW YORK (AP) -- A weakening European truck market will present challenges for WABCO Holdings Inc., an analyst said Tuesday in downgrading shares of the truck parts maker.

NEW YORK (AP) -- An analyst on Tuesday said Hurricanes Ike and Gustav likely had only a nominal effect on BJ Restaurants Inc.'s results.

NEW YORK (AP) -- Shares of generic drug developer Watson Pharmaceuticals Inc. could be ready for a downturn, while rivals Teva Pharmaceutical Industries Ltd. and Mylan Inc. are in more stable positions, according to Goldman Sachs.

WASHINGTON (AP) -- Government experts are scheduled to meet Tuesday to discuss the safety of bisphenol A, a widely used chemical at the center of a debate among scientists, parents, politicians and corporations.

WASHINGTON (AP) -- Consumer prices, which have been surging over the past 12 months at the fastest pace in 17 years, should start to slow now that energy prices are retreating.

WASHINGTON (AP) -- Officials from the Federal Communications Commission and the Commerce Department are among the witnesses scheduled to testify on Capitol Hill Tuesday about the nation's preparedness for the upcoming transition from analog to digital television broadcasting.

0 comments: