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Premarket roundup: BlackRock, LM Ericsson



By AP
23 June 2008 @ 10:29 am EST

Among the premarket stories for Monday, June 23, from AP Financial News:

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Quotes
BLK 159 5.45
X 44.59 -1.8

SYMBOL LOOKUP

NEW YORK (AP)--A Goldman Sachs analyst upgraded asset manager company BlackRock Inc. Monday, saying the stock has slipped to an attractive price and the business is in good shape.

NEW YORK (AP)--An analyst cut his cellular handset forecast for LM Ericsson Telephone Co. Monday, saying global market growth will likely cool and the company may lose market share.

NEW YORK (AP)--United States Steel Corp. is best positioned among steel companies to benefit from higher steel prices, a Goldman Sachs analyst said.

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 This material may not be published, broadcast, rewritten or redistributed.

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