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Premarket roundup: Alcoa, Amdocs
By: The Associated Press | 09 Jul 2009 | 09:28 AM ET
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Among the premarket stories for Thursday, July 9, from AP Financial News:

HARTFORD, Conn. (AP) — Shares of Alcoa Inc. are expensive, even after accounting for an expected rebound in demand and pricing, an analyst said after the aluminum maker reported second-quarter earnings.

NEW YORK (AP) — Amdocs Ltd. is "regaining momentum" after putting the worst of the downturn behind it, an Oppenheimer analyst said as he upgraded the stock Thursday.

NEW YORK (AP) — Shares of Concur Technologies Inc. seem unlikely to rise much higher in the near term after a recent climb, a Deutsche Bank analyst said Thursday as he downgraded the company to "Hold" from "Buy."

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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