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Premarket roundup: Exxon Mobil, Lincare



By AP
02 July 2008 @ 09:27 am EST

Among the premarket stories for Wednesday, July 2, from AP Financial News:

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Quotes
XOM 75.19 -0.95
LNCR 33.03 -0.17
CNQR 41.51 -2.06

SYMBOL LOOKUP

NEW YORK (AP)--An analyst upgraded Exxon Mobil Corp. Wednesday, saying the stock currently takes into account worry over a potential windfall profits tax and a lack of production growth, and presents an investment opportunity.

NEW YORK (AP)--Shares of Lincare Holdings Inc. fell Wednesday after a Lehman Brothers analyst cut his rating on the home oxygen therapy company's stock, saying new Medicare rules will hurt Lincare's profit in 2009.

NEW YORK (AP)--Concur Technologies Inc. is likely to see slower business in the near term as the maker of expense report software enters a slow period, a Piper Jaffray analyst said Wednesday.

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 This material may not be published, broadcast, rewritten or redistributed.

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