Premarket roundup: Novell, Qualcomm

NEW YORK (AP)--Shares of Novell Inc. advanced in premarket electronic Friday trading after a Jefferies analyst upgraded the business software maker, saying it is well-insulated from the weaker economy.

NEW YORK (AP)--A Credit Suisse analyst initiated shares of Qualcomm Inc. at "Outperform" on Thursday, saying the wireless device maker and service provider is well positioned to capitalize on the growing demand for smartphones.

NEW YORK (AP)--An economist with Deutsche Bank raised his crude price outlook Friday, prompting revisions to price targets on some of the world's largest oil companies.

NEW YORK (AP)--A Key Banc Capital Markets analyst trimmed his estimates on three casino operators Friday, saying customers are cutting back on gambling in Las Vegas due to high fuel prices and economic concerns.