Among the premarket stories for Tuesday, April 8, from AP Financial News:
NEW YORK (AP) _ Shares of Advanced Micro Devices Inc. fell in early Tuesday trading after analysts cut estimates on the chip maker after it said it will shed 10 percent of its work force and that first-quarter revenue fell below Wall Street estimates.
NEW YORK (AP) _ Credit losses at government-backed lenders Fannie Mae and Freddie Mac will likely increase rapidly this year and exceed a peak last seen in the early 1990s, Goldman Sachs said Tuesday.
NEW YORK (AP) _ A Goldman Sachs analyst thinks medical technology maker Kinetic Concepts' buyout of a skin graft maker "raises more questions than answers."
NEW YORK (AP) _ A Wachovia Capital Markets analyst upgraded Seaspan Corp. on Tuesday, saying shares of the container ship company are poised to rebound after Monday's public stock offering.
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