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Premarket roundup: Martha Stewart, Biofuels



By AP
12 June 2008 @ 09:41 am EST

Among the premarket stories for Thursday, June 12, from AP Financial News:

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MSO 5.6 -0.68
LPNT 23.94 -1.79

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NEW YORK (AP)--A JPMorgan analyst downgraded shares of Martha Stewart Living Omnimedia Inc., citing a difficult advertising environment and the recent departure of Chief Executive Susan Lyne.

NEW YORK (AP)--Some small to mid-size ethanol producers might have to shut down over the next few months as corn prices jump after severe floods pounded the Midwest, a Citi Investment Research analyst said Thursday.

NEW YORK (AP)--A Lehman Brothers analyst said Thursday that LifePoint Hospitals Inc. is struggling to raise patient admissions and recruit new doctors, and he downgraded the hospital operator's stock.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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