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Updated: 12/2/2009 4:03 PM					Sponsored by:
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Premarket roundup: Oracle, Sonic

By Associated Press
June 24, 2009 | Comments (0)

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Among the premarket stories for Wednesday, June 24, from AP Financial News:

NEW YORK (AP) _ Shares of software maker Oracle Corp. gained in premarket trading Wednesday after the company topped expectations for its fiscal fourth quarter.

NEW YORK (AP) _ While two analysts were pleased with Sonic Corp.'s third-quarter earnings results, both said Wednesday that they remain a bit cautious due to the drive-in restaurant chain owner's disappointing same-store sales performance.

NEW YORK (AP) _ After a recent drop in Freeport-McMoRan Copper & Gold Inc.'s shares alongside a decline in the price of copper, the stock is attractively priced, an analyst said as he upgraded the stock.

NEW YORK (AP) _ A slump in BigBand Networks Inc.'s share price triggered an upgrade of the stock at Jefferies & Co. on Wednesday.

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