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Premarket roundup: Sallie Mae upgraded, Sunoco

By Associated Press May 6, 2008 Comments (0)

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Among the Premarket stories for Tuesday, May 6, from AP Financial News:

NEW YORK (AP) _ Recent moves by the federal government to bolster the student loan market will likely help Sallie Mae remain profitable and active in the industry, and may boost market share, an analyst said Tuesday while upgrading the company.

NEW YORK (AP) _ Two analysts downgraded Sunoco Inc. Tuesday and said the refiner's margins will likely continued to be pressured as crude oil prices continue their upward march.

NEW YORK (AP) _ Shares of Southern Copper Corp. dipped in premarket trading after an HSBC analyst cut his rating, saying the copper producer's shares are approaching a fair price.

NEW YORK (AP) _ Shares of NYSE Euronext Inc. rose in premarket trading Tuesday after the stock exchange operator said its first-quarter profit tripled, beating Wall Street estimates.

WASHINGTON (AP) _ A House subcommittee on Tuesday will examine proposed legislation that would make the principle of treating all traffic on the Internet equally into law.

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DocumentId: 638256, ~/articles/articlehandler.aspx, 7/5/2008 6:08:40 PM, No ticker

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