Among the premarket stories for Thursday, May 8, from AP Financial News:
NEW YORK (AP) _ Shares of Anworth Mortgage Asset Corp. climbed in premarket trading Thursday after an analyst upgraded shares of the real estate investment trust, citing its better-than-expected first-quarter profit.
NEW YORK (AP) _ An analyst downgraded Macrovision Solutions Corp. Thursday and said the risk and reward to the video technology provider's shares are now balanced.
NEW YORK (AP) _ While a large first-quarter write-down and accounting changes hurt American Capital Strategies Ltd.'s earnings and book value, they will likely alleviate investor concern regarding the investment manager's portfolio, an analyst said Thursday.
NEW YORK (AP) _ A Deutsche Bank analyst cut his price target and reiterated his "Sell" rating on Tesoro Corp., saying higher oil prices are creating the toughest environment for oil refiners since Sept. 11, 2001.
NEW YORK (AP) _ Shares of Transocean Inc., the world's largest offshore oil drilling contractor, edged down from their highs in premarket electronic trading Thursday as analysts said the stock has reached a fair price.
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