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Premarket roundup: Albemarle, GDP



By AP
26 June 2008 @ 10:28 am EST

Among the premarket stories for Thursday, June 26, from AP Financial News:

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Quotes
ALB 25.82 3.31
MON 93.64 14.98

SYMBOL LOOKUP

NEW YORK (AP)--A Goldman Sachs analyst removed chemical producer Albemarle Corp. from his "Conviction Buy" list to make room for Monsanto Co., which posted a 42 percent rise in fiscal third-quarter profit.

WASHINGTON (AP)--Legislation that would require public oil, gas and mining companies to disclose their payments to governments of foreign countries in which they operate is being examined by a House panel.

WASHINGTON (AP)--Wall Street economists forecast the Commerce Department will slightly increase its estimate of first-quarter economic growth Thursday due to retail sales that came in higher than previously expected.

WASHINGTON (AP)--An industry group's report due Thursday is expected to show that sales of existing homes rose by more than 2 percent in May, an indication that buyers may finally be taking advantage of sharply discounted prices.

WASHINGTON (AP)--Government data due out Thursday is expected to show that initial claims filed for unemployment benefits fell slightly last week for the second straight prior period.

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 This material may not be published, broadcast, rewritten or redistributed.

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