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Premarket roundup: Danaher, Yahoo
By: The Associated Press | 10 Jul 2009 | 09:37 AM ET
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Among the premarket stories for Friday, July 10, from AP Financial News:

HARTFORD, Conn. (AP) — Lower growth spelled trouble for Danaher Corp. in the second quarter, but the manufacturer of bar code readers, medical products and hand tools should see increased profit next year, an analyst said.

NEW YORK (AP) — An analyst upgraded Yahoo Inc. in light of coming organizational changes that could make the Internet-search giant more efficient and competitive in its product offerings.

NEW YORK (AP) — An analyst lifted Blue Nile Inc.'s rating, citing the online jewelry retailer's appealing stock price.

NEW YORK (AP) — A Deutsche Bank analyst upgraded shares of Pharmaceutical Product Development Inc., saying the contract drug research company's stock price is inexpensive, and business from major drugmakers is likely to increase.

NEW YORK (AP) — Margins in PHH Corp.'s mortgage business are improving, and new company management looks promising, an analyst said, upgrading its investment rating on the mortgage originator and vehicle fleet manager.

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 This material may not be published, broadcast, rewritten or redistributed.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