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Premarket roundup: OfficeMax, Arris Group



By AP
09 July 2008 @ 08:15 am EST

Among the premarket stories for Wednesday, July 9, from AP Financial News:

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Quotes
OMX 13.08 -0.01
ODP 7.34 0.03

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NEW YORK (AP)--An analyst downgraded shares of OfficeMax Inc. Wednesday on concern about the office-supply retail sector after competitor Office Depot Inc. slashed its second-quarter outlook.

NEW YORK (AP)--Arris Group Inc. forecast a disappointing second quarter due to weaker sales of voice-enabled cable modems, and analysts differed on the prospects for the communications technology company's stock Wednesday.

NEW YORK (AP)--Potash producers are harvesting the benefits of strong fundamentals in the fertilizer market, because of strong global demand and limited supply.

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 This material may not be published, broadcast, rewritten or redistributed.

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