Premarket roundup: AIG, Urban Outfitters

NEW YORK (AP)--Shares of American International Group Inc. sank in premarket trading Friday, as investors reacted to the news that the insurer's former chief executive will unload his stock.

NEW YORK (AP)--Despite weakness in the U.S. economy and softening consumer spending, Urban Outfitters Inc. has outperformed because of strong brands and continued growth opportunities, analysts said Friday.

NEW YORK (AP)--Jefferies Co. downgraded shares of Mentor Corp. and cut its price target, citing broad economic woes dragging down worldwide sales of breast implants.

NEW YORK (AP)--A Stephens Inc. analyst downgraded three trucking companies to "Equal-Weight" from "Overweight" Friday, citing deteriorating demand and weaker pricing.

NEW YORK (AP)--A Deutsche Bank North America analyst upgraded Yellow book publisher R.H. Donnelley Corp. Friday, citing cost control efforts and bond buybacks.

WASHINGTON (AP)--Eli Lilly executives are bracing Friday for a government decision on the company's blood thinner prasugrel, a potential blockbuster drug which regulators already have delayed once.

WASHINGTON (AP)--Government data should show the economy rebounded in the spring, a short-lived improvement as the worst financial crisis in decades threatens to throw the country into a tailspin.