Premarket roundup: Palm, Tibco Software
By
Associated Press
June 26, 2009
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Among the premarket stories for Friday, June 26, from AP Financial News:
NEW YORK (AP) _ Shares of smart-phone maker Palm Inc. rose sharply in premarket trading, though analysts said the previous day's quarterly report provided few details about the company's plans.
NEW YORK (AP) _ Shares of Tibco Software Inc. rose after the business software maker reported higher quarterly earnings, beating analyst estimates despite a tough market.
NEW YORK (AP) _ Pump and valve maker Colfax Corp. is managing costs well and investor worries about next year's results are unwarranted, said an analyst who upgraded the stock on Friday.
NEW YORK (AP) _ Despite dropping sales, Accenture Ltd. performed well in a tough environment during its third quarter, analysts said.
HARTFORD, Conn. (AP) _ An analyst increased his profit estimates for CACI International Inc. Friday after the information technology company increased its guidance.
NEW YORK (AP) _ Finish Line Inc.'s first-quarter results, excluding its Man Alive business, were better than the average footwear and apparel retailer, an analyst said.