Filed under: Before the bell, Analyst upgrades and downgrades, Deals, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), General Electric (GE), PepsiCo (PEP), Walt Disney (DIS), MasterCard Inc’A’ (MA)
Before the bell: Futures point to higher open — BGP, NKE, C, FDX
General Electric Co. (NYSE: GE) was raised to Buy from Neutral’ at Merrill Lynch, due to its defensive positioning in the current economic climate. GE shares are up 1.7% in premarket trading following the upgrade.
Visa Inc. (NYSE: V) shares soared over 28% in their stock market debut Wednesday. Already priced above expectations at $44 per share in the biggest IPO in U.S. history that raised nearly $18 billion, Visa shares closed at $56.50. Many assume that given the successful MasterCard (NYSE: MA) IPO and given Visa’s leading position, the shares are worth a shot, especially in today’s market conditions.
As Apple (NASDAQ: AAPL) enhances the the security of the iPhone and adds more enterprise-friendly version of firmware by June 2008, IT advisory and consulting firm Gartner Inc, originally concerned about about some security issues, may then raise its recommendation to “appliance-level” support status for the device, permitting it to be used for PIM, e-mail, telephony and browsing applications and more.
Continue reading Before the bell: GE, V, AAPL, PEP, DIS, GOOG …
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