Premarket roundup: Coeur d'Alene, Wells Fargo
By
Associated Press
September 24, 2008
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Among the premarket activity stories for Wednesday, Sept. 24, from AP Financial News:
SIOUX FALLS, S.D. (AP) _ A JPMorgan analyst on Wednesday downgraded silver and gold miner Coeur d'Alene Mines Corp. after it abandoned its pursuit of permits for an alternative waste disposal plan for the proposed Kensington Mine in Alaska.
NEW YORK (AP) _ Shares of Wells Fargo & Co. edged higher in premarket trading Wednesday after the bank said it would buy back up to an additional 25 million shares.
NEW YORK (AP) _ Financial stocks may be rattled Wednesday by a report that the FBI is investigating four major financial institutions at the heart of the recent market turmoil.
SIOUX FALLS, S.D. (AP) _ Wind and solar companies could be poised for a big day on Wall Street Wednesday after the Senate passed a bill that provides more than $17 billion in renewable energy tax incentives.
NEW YORK (AP) _ A group of Friedman, Billings, Ramsey & Co. analysts on Wednesday downgraded several regional and community banks, due to the significant rally of financial stocks in recent days.