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Premarket roundup: Sara Lee, hospitals

By Associated Press
June 1, 2009 | Comments (0)

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Among the premarket stories for Monday, June 1, from AP Financial News:

NEW YORK (AP) _ A Goldman Sachs analyst downgraded Sara Lee Corp. Monday on the likelihood that the food maker's stock will trail the rest of her portfolio over the next year.

NEW YORK (AP) _ A Deutsche Bank analyst upgraded his outlook for acute care hospitals Monday, citing the prospects for health care reform, better industrywide expense control, and a slowdown in bad debt growth.

HARTFORD, Conn. (AP) _ Reduced demand for mineral exploration could hurt drilling and construction services provider Layne Christensen Co., which is scheduled to report its fiscal first-quarter earnings Tuesday, two analysts said.

NEW YORK (AP) _ Shares of solar companies climbed before the opening bell on Monday, following some positive news from last week's annual Intersolar conference in Munich and analyst upgrades on solar stocks.

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