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Premarket roundup: Textron, AIG



By AP
16 June 2008 @ 11:13 am EST

Among the premarket stories for Monday, June 16, from AP Financial News:

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Quotes
TXT 21.57 0.62
AIG 2.8 0.23
BARE 8.83 -0.9

SYMBOL LOOKUP

NEW YORK (AP)--Textron Inc.'s decision to slash the top end of its second-quarter earnings forecast is troubling, but the industrial conglomerate's finance unit--which led to the cut--is stable, an analyst said Monday.

NEW YORK (AP)--American International Group Inc.'s decision to part ways with its chief executive on Sunday got mixed reactions among Wall Street analysts, with one saying the shake up does little to change the credibility of the world's largest insurer.

NEW YORK (AP)--An analyst upgraded shares of beauty company Bare Escentuals Inc., given an inexpensive stock price and expected sales and earnings growth from market share gains in the U.S. and abroad.

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 This material may not be published, broadcast, rewritten or redistributed.

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