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Premarket roundup: LDK Solar, Myriad Genetics
Among the premarket stories for Wednesday, August 26, from AP Financial News:
NEW YORK (AP) — Shares of LDK Solar Co. climbed in premarket trading Wednesday, a day after the solar company formed an agreement with Yancheng City in China's Jiangsu Province to develop several photovoltaic power projects.
NEW YORK (AP) — Shares of Myriad Genetics Inc. traded higher Wednesday morning after the biotechnology company reported a larger-than-expected profit in its fiscal fourth quarter.
NEW YORK (AP) — A Baird analyst on Wednesday upgraded Cardinal Financial Corp., the parent company of a Virginia bank, saying he expects strong profit growth.
NEW YORK (AP) — Wall Street pored over new trial results for Amgen Inc.'s anemia drug Aranesp Wednesday, with analysts differing on whether the data will be another hit to sales.
NEW YORK (AP) — Rovi Corp., which provides TV listings data and related services, has a "growing opportunity" in the set-top-box market, a William Blair&Co. analyst said Wednesday, citing a new contract and demand forecast.
NEW YORK (AP) — Shares of Blue Coat Systems Inc. jumped ahead of regular trading Wednesday, a day after the security hardware and software maker beat Street projections for fiscal first-quarter results.