Sunday, June 7, 2009

Premarket roundup: Sara Lee downgraded; health care reform, cost controls to boost hospitals

A Goldman Sachs analyst downgraded Sara Lee Corp. Monday on the likelihood that the food maker's stock will trail the rest of her portfolio over the next year.

A Deutsche Bank analyst upgraded his outlook for acute care hospitals Monday, citing the prospects for health care reform, better industrywide expense control, and a slowdown in bad debt growth.

Reduced demand for mineral exploration could hurt drilling and construction services provider Layne Christensen Co., which is scheduled to report its fiscal first-quarter earnings Tuesday, two analysts said.

Shares of solar companies climbed before the opening bell on Monday, following some positive news from last week's annual Intersolar conference in Munich and analyst upgrades on solar stocks.

source: yahoo

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