Among the premarket stories for Tuesday, July 8, from AP Financial News:
NEW YORK (AP) _ An analyst boosted his rating of UPS Inc. Tuesday, citing the world's largest shipping carrier's stock price, which has been hampered recently by high energy costs and the languishing U.S. economy.
NEW YORK (AP) _ The weak consumer environment may soon wear on Gymboree Corp., a Friedman, Billings, Ramsey analyst said Tuesday, downgrading the children's clothing retailer to "Market Perform" from "Outperform."
NEW YORK (AP) _ An analyst upgraded shares of ACE Ltd. on Monday, saying the insurance company is highly diversified and that flooding in the Midwest should have negligible impact on its results.