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Premarket roundup: Teva Pharma, Merrill Lynch



By AP
08 July 2008 @ 09:28 am EST

Among the premarket stories for Tuesday, July 8, from AP Financial News:

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Quotes
TEVA 47.56 -0.36
BLK 211.55 0.64
MMC 32.43 0.42

SYMBOL LOOKUP

NEW YORK (AP)--Shares of Teva Pharmaceutical Industries Ltd. inched up in premarket trading Tuesday, and a Goldman Sachs analyst recommended the stock despite disappointing trial results for Teva's multiple sclerosis drug Copaxone.

NEW YORK (AP)--An analyst on Tuesday slashed his second-quarter and full-year estimates for Merrill Lynch & Co., saying the investment bank faces another round of write-downs and likely will have to sell some of its stake in either BlackRock Inc. or Bloomberg LP.

NEW YORK (AP)--An analyst upgraded insurance brokerage Marsh & McLennan Cos. late Monday, citing margin expansion and a new management, among other factors.

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 This material may not be published, broadcast, rewritten or redistributed.

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