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Premarket roundup: Goodrich, Coca-Cola
Among the premarket stories for Wednesday, Oct. 7, from AP Financial News:
HARTFORD, Conn. (AP) — An analyst upgraded airplane parts manufacturer Goodrich Corp. Wednesday, saying he expects airline travel to improve next year.
NEW YORK (AP) — Stable volumes and better relationships with its domestic bottlers have helped to provide a clearer picture as to where Coca-Cola Co.'s earnings will be, an analyst said Wednesday as he upgraded the soft drink maker.
NEW YORK (AP) — Cisco Systems Inc. is winning new deals and benefiting from a broad economic recovery, a William Blair analyst said Wednesday as he upgraded the company's stock.
NEW YORK (AP) — A move away from timeshare business and an ongoing shift toward a fee-for-service structure prompted a Goldman Sachs analyst to upgrade Wyndham Worldwide Corp. Wednesday.
HARTFORD, Conn. (AP) — American Reprographics Co., a large-format document-reproductions supplier, continues to be hard hit by falling nonresidential construction and few cost-cutting opportunities, prompting an analyst shift to "Neutral" from "Outperform."
NEW YORK (AP) — Recent and upcoming unit sales at Boston Private Financial Holdings Inc. will give the bank holding company enough cash to repay government bailout funds without a capital raise, an analyst said Wednesday.