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Premarket Roundup: United Airlines parent UAL, Symantec

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April 29, 2008

Among the premarket stories for Tuesday, April 29, from AP Financial News:

NEW YORK (AP) -- A Calyon Securities analyst downgraded shares of United Airline's parent company and slashed its price target, predicting record fuel prices will continue to erode the company's revenue.

NEW YORK (AP) -- Symantec Corp. shares declined in premarket trading Tuesday after a Morgan Keegan analyst downgraded the network security company's stock, anticipating slower contract growth in the coming quarters.

NEW YORK (AP) -- An analyst downgraded Sunoco Inc. late Monday, expecting the refiner's stock to fall after its earnings report later this week as high crude prices pressure refining margins.

NEW YORK (AP) -- A Jefferies & Co. analyst downgraded shares of Calpine Corp. Tuesday, saying the power producer's stock is near his target price.

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 This material may not be published, broadcast, rewritten, or redistributed.

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