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Premarket roundup: PetSmart, Steris

By Associated Press
June 11, 2008 | Comments (0)

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Among the premarket stories for Wednesday, June 11, from AP Financial News:

NEW YORK (AP) _ Rising food prices and a favorable industry position will likely aid PetSmart Inc., an analyst said Wednesday while upgrading the pet products retailer.

NEW YORK (AP) _ A Soleil Securities analyst said Wednesday that shares of Hill-Rom Holdings Inc. and Steris Corp. are expensive compared with their likely profit growth, and he cut his rating on both hospital products makers.

NEW YORK (AP) _ Plexus Corp. is likely to discuss problems with profitability in Mexico at a meeting for investors on Wednesday, according to one analyst.

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