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Premarket roundup: National CineMedia, BioMarin



By AP
12 June 2008 @ 09:40 am EST

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

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Quotes
NCMI 8.27 0.48
BMRN 19.91 -2.7
BEN 65.01 4.59

SYMBOL LOOKUP

NEW YORK (AP)--Already trading at all-time lows, shares of National CineMedia Inc. sank in premarket trading Thursday after the company, which sells advertising in movie theaters, predicted a weak fiscal second quarter.

NEW YORK (AP)--A Citi Investment Research analyst said Thursday that BioMarin Pharmaceutical Inc.'s drug Kuvan may not become as popular as Wall Street expects, and she downgraded the shares to "Hold" from "Buy."

NEW YORK (AP)--Investment manager Franklin Resources Inc.'s fund flow has likely improved so far this fiscal quarter, an analyst said Thursday while boosting his rating and price target.

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 This material may not be published, broadcast, rewritten or redistributed.

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