Among the premarket stories for Wednesday, April 30, from AP Financial News:
NEW YORK (AP) -- An analyst downgraded MEMC Electronic Materials Inc. Wednesday and said the silicon wafer maker's stock will likely face challenges due in part to Wall Street's high expectations.
NEW YORK (AP) -- Shares of Denny's Corp. rose sharply premarket on Wednesday, a day after posting higher first-quarter earnings thanks to restaurant sales.
NEW YORK (AP) -- An Oppenheimer & Co. analyst downgraded Sohu.com Inc. late Tuesday, saying the Chinese Internet company's stock is overpriced after a recent rally.
NEW YORK (AP) -- Shares of Savvis Inc. fell toward all-time lows in premarket trading Wednesday after the computer network service provider cut its 2008 sales forecast.
NEW YORK (AP) -- An analyst cut estimates and a price target on Tesoro Corp. Wednesday and said first-quarter refining margins may be weaker than currently perceived.
