Among the premarket stories for Wednesday, May 7, from AP Financial News:
NEW YORK (AP) _ An analyst upgraded YRC Worldwide Inc. Wednesday, predicting the trucking company will likely turn a profit in the second quarter as business conditions improve.
NEW YORK (AP) _ Shares of futures and options broker MF Global rose Wednesday after a Lehman Brothers analyst upgraded the stock, saying the current price includes the impact of losses compiled by a rogue trader.
NEW YORK (AP) _ Discover Financial Services said Wednesday its index of U.S. consumer spending rose slightly in April as shoppers expressed worry over rising household expenses.
NEW YORK (AP) _ NYSE Euronext Inc. received an upgrade from a Deutsche Bank analyst Wednesday, a day after the stock exchange operator said its first-quarter profit more than tripled.
NEW YORK (AP) _ A Piper Jaffray analyst lowered his rating on Ctrip.com International Ltd. Wednesday, saying shares of the Chinese online travel company have reached a fair price following a recent run-up.
NEW YORK (AP) _ ValueClick Inc.'s first-quarter results raises several questions about the Internet advertising company's business model and earnings quality, an analyst said Wednesday while encouraging investors to stay on the sidelines.
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