Premarket roundup: DryShips, Time Warner

By Associated Press
May 21, 2008
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Among the premarket stories for Wednesday, May 21, from AP Financial News:

NEW YORK (AP) _ A Jefferies analyst reiterated his "Buy" rating on DryShips Inc., saying shares of the Greece-based bulk shipper are attractively priced after the company posted better-than-expected first-quarter earnings.

NEW YORK (AP) _ A Cowen analyst said the spin-off of Time Warner Inc.'s stake in Time Warner Cable Inc. could lead to strong cash flow growth for the cable company.

NEW YORK (AP) _ Shares of Micron Technology are rising after a Deutsche Bank analyst raised his rating on the memory chip maker, saying sale prices for a key type of chip will keep improving.
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