Among the premarket stories for Friday, May 23, from AP Financial News:
NEW YORK (AP) _ Shares of Pacific Sunwear of California Inc. fell sharply in premarket trading on Friday, a day after the apparel retailer cut its profit outlook for the year.
NEW YORK (AP) _ Shares of Verigy Ltd. rose in premarket trading Friday after the maker of test systems for semiconductor companies posted better-than-expected second-quarter earnings.
NEW YORK (AP) _ A ThinkPanmure analyst said Friday that expectations for online media companies are too high, as conditions will be tough for the rest of the year.
NEW YORK (AP) _ Analysts said Friday that they were disappointed with Alkermes Inc.'s fiscal fourth-quarter results and outlook, but they found promise in a new drug development pact with Johnson & Johnson.
NEW YORK (AP) _ Although some analysts have focused on Ann Taylor Stores Corp.'s efforts to turnaround its Loft stores, one analyst said the company's namesake segment is struggling.
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