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SMALL BUSINESS
Premarket roundup: Google, Tempur-Pedic
By THE ASSOCIATED PRESS
, AP
-Among the premarket stories for Friday, Oct. 16, from AP Financial News:
— Google Inc. shares rose after the company's third-quarter results signaled that the Internet advertising market is experiencing a turnaround and that the search leader is set to be the prime beneficiary.
— Shares of Tempur-Pedic International Inc. rose after the company's third-quarter profit and improving business trends prompted an analyst to raise his price target on shares of the mattress and pillow company.
— Shares of Colfax Corp., a pump and valve maker, were downgraded following recent gains in its stock and little sign of catalysts that might propel the shares higher.
— NutriSystem Inc.'s third quarter results could point the way to improvement in 2010 for the weight loss company, a Janney analyst said.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-16 09:19:54
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