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Premarket roundup: UPS, Gymboree



By AP
08 July 2008 @ 09:33 am EST

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

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Quotes
UPS 51.7 -1.3
GYMB 27.61 -0.08
ACE 40.75 2.5

SYMBOL LOOKUP

NEW YORK (AP)--An analyst boosted his rating of UPS Inc. Tuesday, citing the world's largest shipping carrier's stock price, which has been hampered recently by high energy costs and the languishing U.S. economy.

NEW YORK (AP)--The weak consumer environment may soon wear on Gymboree Corp., a Friedman, Billings, Ramsey analyst said Tuesday, downgrading the children's clothing retailer to "Market Perform" from "Outperform."

NEW YORK (AP)--An analyst upgraded shares of ACE Ltd. on Monday, saying the insurance company is highly diversified and that flooding in the Midwest should have negligible impact on its results.

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 This material may not be published, broadcast, rewritten or redistributed.

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